By IANS
Shimla : Factories that were shut down in Delhi after a Supreme Court order that banned industrial units in residential areas of the capital are being relocated in Himachal Pradesh.
As many as 28 factory owners from Delhi had applied for land in the hill state to open their units and benefit from tax holidays and surplus power. The state industries department has accepted their applications and agreed to allocate the land.
"The state government has already identified some 10,000 sq metres of grassland on the edge of Theog town to allow 28 entrepreneurs to set up the units," said a senior official of the department.
Theog is located on the Hindustan-Tibet road at an altitude of over 8,000 ft about 32 km from this capital city. The official said the new units are mainly involved in packaging and adhesive manufacturing.
An investment of about Rs. 500 million will be made to set up the 28 units, which are expected to generate at least 500 jobs.