Himachal Pradesh's Commitment to Industrial Growth: Key Announcements from CM Sukhu

At the Him MSME Fest-2026 in Shimla, Chief Minister Thakur Sukhvinder Singh Sukhu outlined significant initiatives to enhance industrial growth in Himachal Pradesh. Key announcements included the signing of 37 MoUs worth ₹10,000 crore, plans for a new industrial policy, and commitments to sustainable energy solutions. The CM emphasized the state's vision to become a major economic hub through green industrialization and improved infrastructure. With a focus on job creation and support for entrepreneurs, the event highlighted the government's proactive approach to fostering a robust industrial ecosystem. Read on to learn more about the exciting developments in Himachal Pradesh's industrial landscape.
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Himachal Pradesh's Commitment to Industrial Growth: Key Announcements from CM Sukhu

Chief Minister's Vision for Industrial Development

S Gopal Puri
Shimla

During the Him MSME Fest-2026 held at Peterhoff, Shimla, Chief Minister Thakur Sukhvinder Singh Sukhu reiterated the government's dedication to fostering a strong industrial ecosystem in Himachal Pradesh while engaging with CEOs and entrepreneurs.


Major Announcements



  • 37 MoUs signed totaling ₹10,000 crore aimed at new ventures.

  • Upcoming industrial policy to be unveiled shortly.

  • 24-hour uninterrupted power supply at competitive rates for industries.

  • Replacement of 22,000 taxis with electric vehicles through a subsidy initiative.

  • Tender for green hydrogen buses to be released soon.

  • Approval for 200 five-star hotels to enhance tourism and hospitality sectors.

  • Development of a world-class city “Him Chandigarh” near Chandigarh.

  • Bulk Drug Park in Una has been approved, anticipated to draw ₹8,000–10,000 crore in investments and generate 15,000–20,000 jobs.


CM's Vision for Economic Growth


The Chief Minister highlighted that Himachal Pradesh aspires to emerge as a significant economic hub through:



  • Green industrialization and renewable energy initiatives.

  • Growth driven by digital technologies and artificial intelligence.

  • Promotion of rural industrialization and the textile sector.

  • Enhanced logistics and infrastructure, including the Baddi-Chandigarh railway line.

  • Improved connectivity with projects like the acquisition of land for Kangra airport (to be finalized by March 31).


He assured entrepreneurs of comprehensive government support and encouraged them to finalize implementation agreements swiftly.


Advancements in Industrial Infrastructure


Ongoing developments include:



  • MSE Pharma Lab

  • MSME Technology Center

  • Gas connectivity in key industrial zones

  • Skill development centers in Baddi and Una

  • CIPET (Central Institute of Petrochemicals Engineering & Technology)


Insights from the Event



  • Industry Minister Harshvardhan Chauhan: Announced the introduction of liberal policies and streamlined procedures to foster industrial growth, job creation, and economic advancement.

  • Additional Chief Secretary R.D. Nazim: Provided insights into innovative initiatives aimed at promoting industry.

  • Commissioner of Industries Dr. Yunus: Extended a warm welcome to dignitaries and attendees.


The event saw participation from Mayor Surinder Chauhan, Deputy Secretary of NITI Aayog Arvind Kumar, senior officials, and other notable guests.