Himachal Pradesh

In a bold move toward environmental sustainability, the Himachal Pradesh government, led by Chief Minister Sukhvinder Singh Sukhu, has announced an ambitious target of replacing 3,000 petrol and diesel vehicles with electric vehicles (EVs) in 2025. This initiative aims to transform the state’s transportation infrastructure, contributing to a cleaner, greener environment while providing self-employment opportunities.

State-owned energy giant SJVN has announced an interim dividend payment of Rs 121.33 crore to the Himachal Pradesh government for the fiscal year 2024-25. This payment is part of a larger Rs 451.93 crore interim dividend declared by the company, with the Government of India receiving Rs 248.55 crore and public shareholders receiving Rs 82.05 crore. SJVN continues to expand its footprint in the energy sector, with ambitious plans to increase its installed capacity to 25,000 MW by 2030 and 50,000 MW by 2040.

In a strategic initiative aimed at reshaping India’s workforce readiness, SBI Funds Management (SBIFM) has entered into a collaborative partnership with the Ambuja Foundation to launch state-of-the-art skill training centers across key regions in Himachal Pradesh and Gujarat. The endeavor targets the upskilling of over 3,600 young individuals over the next three years, aligning them with the evolving needs of sectors such as banking, financial services, insurance (BFSI), manufacturing, and service industries.

IHG Hotels & Resorts has recently announced an agreement to develop a 130-room InterContinental hotel in Kasauli, Himachal Pradesh, set to open in the first quarter of 2029. This development marks another significant step in the company’s expansion strategy in India, where IHG has established a strong presence. The partnership with So Hotels LLP underscores IHG's confidence in the growing appeal of North India as a prime destination for high-end hospitality, particularly in the hill-station sector.