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Ranbaxy, a pharmaceutical major and FMCG manufacturer Proctor and Gamble (P&G) are among nine companies that have been allowed to set up units in Himachal Pradesh.
"Ranbaxy and Procter and Gamble (P&G) Monday got permission from the state government to set up units in the state," industries director Manoj Kumar said.
While the third unit of Ranbaxy will be set up in Solan district on an outlay of Rs.34 crore, P&G will commence its second unit in Baddi with an investment of Rs.18 crore.
"We have cleared nine proposals that total an investment of Rs.148 crore," Kumar said.
The Bharatiya Janata Party (BJP) government has cleared more than 1,500 industrial proposals worth around Rs.10,000 crore in the past 18 months of its tenure.
Himachal Pradesh has 38 industrial areas and 15 industrial estates.
