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Wednesday, 11 November, 2020, 10 : 45 AM [IST]

Himachal Pradesh CM invites US firms to invest in state’s tourism sector

The bilateral relations between India and the United States have developed into a “global strategic partnership”, based on shared democratic values and increasing convergence of interests on bilateral, regional and global issues, thus creating an opportunity to reinvigorate bilateral ties and enhance cooperation in various spheres.

This was stated by Himachal Pradesh Chief Minister Jai Ram Thakur while interacting with the United States Ambassador to India, Kenneth I. Juster in Simla, reports The Tribune.

Himachal is bestowed with immense natural beauty and grandeur, thereby providing ample opportunities to entrepreneurs to invest in various sectors in the state. He said a serene atmosphere and eye-catching valleys of the state allured tourists to the hill state frequently.

The topography of Himachal was quiet similar to Colorado and California, and these offered immense opportunities in mutual cooperation in the field of tourism.

He said US companies could invest in ski resorts, ski lifts, development of ski slopes in the Chanshal valley of Shimla district, development of international water sports activities in the Pong Dam reservoir in Kangra district and development of a theme park at Jhatingari and a ropeway up to Shikari Mata in Mandi district.

Thakur said Himachal also had immense potential in horticulture and allied sectors. There was also a vast scope of investment in other sectors such as establishing cold storages, CA stores, pack houses and processing units.

He said he had personally participated in a webinar with the US-India Business Council on June 26 and had a detailed discussion with delegates regarding investment opportunities in the industrial sector.

Kenneth Juster said India and the US shared strong cultural and trade relations for decades together. He said he would help in showcasing the huge potential available in Himachal for investment. (Source: The Tribune)

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