The 32ndMeeting of the State Single Window Clearance & Monitoring Authority (SSWC&MA) was held here today under the chairmanship of Chief Minister Thakur Sukhvinder Singh Sukhu approved 42 industrial investment proposals with a proposed investment of Rs. 5877.01 crore having potential to generate 13355 employment opportunities in the state.
The meeting is 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.
The approvals granted during the meeting reaffirm the state government’s strong commitment to foster a progressive and inclusive industrial ecosystem. The state government is committed towards enhancing the ease of doing business through adoption of streamlined digital single-window mechanisms.
The sectoral spread of proposals reflects increasing diversification of Himachal Pradesh’s industrial base, with proposals from Pharma, Automobile, Textiles, Chemicals, Electrical & Electronics, Plastic & Packaging based, Food Processing, Cosmetics, Steel etc.
On the occasion, Chief Minister Thakur Sukhvinder Singh Sukhu emphasized the state government’s focus to promote labor-intensive industries that can generate maximum employment opportunities for the youth of Himachal Pradesh, and commitment to creating a progressive industrial ecosystem that balances economic growth with environmental sustainability.
He directed the department to notify the New Himachal Pradesh Industrial Policy within next two months, thereby enabling Himachal Pradesh to compete with other neighboring states. During the meeting Industries Minister Harshwardhan Chauhan highlighted the state’s investor-friendly environment and said 'Himachal Pradesh is rapidly emerging as an attractive investment destination across multiple sectors especially the defense and Pharma.
Through proactive policies, robust infrastructure and efficient single-window clearances, the government was ensuring ease of doing business for investors.' From the present data of the last 3 years the industrial investment conversion rate is 57 percent, which is much above the national average rate of 32-35 percent.
Chief Secretary Kamlesh Kumar Pant, Principal Secretary Finance Devesh Kumar, Secretary Finance Dr. Abhishek Jain, Secretary to Chief Minister Rakesh Kanwar, Secretary Labour and Employment Priyanka Basu Ingty, Secretary, Environment, Science & Technology and Climate Change Sushil Kumar Singla, Director Industries Yunus and other senior officers also attended the meeting.