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HIM MSME FEST–2026: INVESTOR MEET AT SHIMLA SECURES 37 MEMORANDA OF COMMITMENT WORTH RS. 10,000 CRORE

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Face2News/Shimla

As a key highlight of HIM MSME FEST–2026, the Government of Himachal Pradesh organized a high-level Investor Meet at the historic Peterhof, marking a significant milestone in strengthening the State’s industrial and investment ecosystem. The event reaffirmed Himachal Pradesh’s emergence as a preferred destination for sustainable, future-ready investments.

The Investor Meet was chaired by the Hon’ble Chief Minister, Sh. Sukhvinder Singh Sukhu, and witnessed active participation from leading CEOs and investors from across the country. During the meet, a total of 37 Memoranda of Commitment (MoCs) were signed, involving proposed investments of approximately ₹10,000 crore across priority sectors. These commitments are expected to significantly enhance industrial output, attract capital inflows, generate employment opportunities, and promote balanced regional development within the State.

Addressing the gathering, the Hon’ble Chief Minister assured investors of full policy, administrative, and institutional support from the State Government. He emphasized that Himachal Pradesh is committed to providing a transparent, investor-friendly, and stable policy environment. The Chief Minister also held constructive and forward-looking discussions with CEOs and investors, exchanging views on investment opportunities, facilitation mechanisms, and long-term industrial growth in the State.

Industry Minister Harshvardhan Chauhan expressed gratitude to the Hon’ble Chief Minister for his progressive and liberal outlook in promoting industrial development in the State. He assured that the Department of Industries would work with full dedication to translate the Chief Minister’s vision into tangible outcomes through robust policy execution, investor facilitation, and continuous monitoring of committed projects.

The proposed investments align with the State’s long-term industrial development strategy and the vision of Atmanirbhar Himachal. Key sectors covered under the MoCs include Food Processing, Pharmaceuticals, Defence Manufacturing, Green Mobility, Solar Energy, and other Renewable Energy segments. These sectors have been identified for their strong growth potential, high value addition, export orientation, and contribution to sustainable and green industrialization.

The Additional Chief Secretary (Industries), Sh. R. D. Nazeem, highlighted that the signing of Memoranda of Commitment reflects growing investor confidence in the State’s governance framework and ease of doing business. He reiterated the Government’s commitment to single-window facilitation, time-bound approvals, and effective project implementation to ensure timely operationalization of investment commitments.

The session also witnessed participation from senior officials, including Director of Industries Dr. Yunus and Additional Director Sh. Tilak Raj Sharma, who briefed investors on industrial infrastructure, land availability, incentive frameworks, and MSME-friendly policies. Detailed deliberations were held on institutional support and convergence with central government initiatives.

From an economic perspective, the proposed investments are expected to accelerate industrial diversification, strengthen the revenue base, integrate local MSMEs with national and global value chains, and generate large-scale direct and indirect employment.

The Investor Meet under HIM MSME FEST–2026 underscores the Government of Himachal Pradesh’s commitment to industry-led growth, cooperative federalism, and alignment with national industrial priorities. The signing of 37 Memoranda of Commitment amounting to ₹10,000 crore marks a decisive step toward positioning Himachal Pradesh as a hub for sustainable, innovation-driven, and inclusive industrial development.

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