04 Mar

Indo-Spanish Joint venture olive oil extraction unit proposed in Himachal Pradesh

Himachal Pradesh will welcome the proposed Indo-Spanish joint venture olive oil extraction unit establishment in the interiors of the state to give boost to the professional cash crop cultivation.

Chief Minister Prem Kumar Dhumal today, after discussing the JV proposal to set up olive oil extraction unit in the state, said the border areas of the state had already received the industrial units to its capacity and there was not much scope to set up more industrial units in such areas.

He said investors were being pursued to invest in the interiors of the state where similar incentives and other benefits were available beside cheap land and floating power facilities.

The state government was endeavouring to disperse industrial units to rest of the state where it had not made any presence so far, he said.

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