The 32 meeting of the State Single Window Clearance and Monitoring Authority (SSWC&MA) on Tuesday approved 42 industrial investment proposals involving a proposed investment of Rs 5,877.01 crore, with the potential to generate 13,355 employment opportunities in the state.
The meeting was held under the chairmanship of Chief Minister Sukhvinder Singh Sukhu. It formed part of the state government’s sustained efforts to promote industrial growth, attract investments, generate large-scale employment and ensure balanced regional development through streamlined approval mechanisms and investor facilitation.
Sukhu emphasised the government’s focus on promoting labour-intensive industries that can generate maximum employment opportunities for the youth of Himachal Pradesh. He reiterated the government’s commitment to creating a progressive industrial ecosystem that balances economic growth with environmental sustainability.
He directed the Industries Department to notify the new Himachal Pradesh Industrial Policy within the next two months, enabling the state to compete effectively with neighbouring states.
“The approvals granted during the meeting reaffirm the state government’s strong commitment to fostering a progressive and inclusive industrial ecosystem. We are committed to enhancing the ease of doing business through the adoption of streamlined digital single-window mechanisms,” said Sukhu.
Industries Minister Harshwardhan Chauhan highlighted the state’s investor-friendly environment and said Himachal Pradesh was rapidly emerging as an attractive investment destination across multiple sectors, particularly defence and pharmaceuticals.
“Through proactive policies, robust infrastructure and efficient single-window clearances, the government is ensuring ease of doing business for investors,” he said.
Referring to recent trends, Chauhan said the state’s industrial investment conversion rate over the past three years stood at 57 per cent, significantly higher than the national average of 32-35 per cent. He said this reflected growing investor confidence in Himachal Pradesh and the effectiveness of the government’s industrial policies.
