By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
Reading: Himachal: HPMC achieves record profit of Rs 5 crore, expands operations with new initiatives – World News Network
Share
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > National > Himachal: HPMC achieves record profit of Rs 5 crore, expands operations with new initiatives – World News Network
National

Himachal: HPMC achieves record profit of Rs 5 crore, expands operations with new initiatives – World News Network

worldnewsnetwork
Last updated: April 1, 2025 12:00 am
worldnewsnetwork 1 month ago
Share
SHARE

Shimla (Himachal Pradesh) [India], April 1 (ANI): Himachal Pradesh Revenue, Horticulture, and Tribal Development Minister Jagat Singh Negi on Tuesday announced key developments for the state’s horticulture sector, outlining achievements, initiatives, and future plans.
Addressing a press conference following the 217th meeting of the Board of Directors of the Himachal Pradesh Horticultural Produce Marketing & Processing Corporation (HPMC), Negi highlighted the corporation’s financial performance, ongoing projects, and expansion strategies.
Minister Negi emphasized HPMC’s financial success, saying that the corporation has recorded an all-time high profit of Rs 5 crore in the current financial year. The corporation also achieved its highest-ever production of 2,000 metric tons of apple concentrate.
“Today, the Himachal Pradesh Agriculture Marketing Committee (HPMC) held its 217th meeting. This was my first meeting with the Board of Directors, and I am pleased to announce that HPMC has long been serving the state’s horticulturists and farmers. It has earned a strong reputation nationwide for its initiatives under the Marketing Intervention Scheme (MIS), including the procurement of apples and other produce,” said Negi.
HPMC has also ventured into apple cider vinegar and apple wine production while introducing ready-to-serve juices in 250ml, 500ml, and 1000ml packs, now being sold in Delhi and Jaipur metro stations.
Negi emphasized the importance of infrastructure expansion, revealing that HPMC plans to utilize its vast land assets across the country to generate revenue. The corporation is set to monetize properties in key metropolitan cities, including Mumbai, Delhi, Kolkata, and Chennai, through commercial leasing and development projects.
“HPMC owns prime land in several cities, including 15 bighas in Kolkata, which is expected to generate upfront revenue exceeding Rs 100 crore and an annual rental income of over Rs 2 crore. We are finalizing tenders to ensure optimal utilization of these properties,” he said.
Additionally, the board has decided to outsource Cold Atmosphere (CA) storage facilities and grading-packing centers through a tender process, ensuring their efficient operation by private entities. HPMC is also set to construct CA storage units using geothermal technology, with a pilot project already initiated in Kinnaur’s Tapri region.
HPMC is collaborating with an Iceland-based company to develop geothermal-powered cold storage facilities, utilizing hot spring energy. The initiative includes a fruit and vegetable dryer with a capacity of 500 kg per day, demonstrating promising results.
“This geothermal project has the potential to revolutionize cold storage solutions across India, reducing dependence on electricity while also supporting central heating systems for homes.” Negi added.
HPMC has also launched an online service platform, enabling direct sales of horticultural products to consumers. The initiative has received positive responses and high customer ratings.
He said with the Government Support and Future Roadmap, Under the Market Intervention Scheme (MIS), the Himachal Pradesh government has allocated Rs 30 crore to HPMC for the procurement of apples from farmers. Minister Negi reassured that the government is committed to ensuring timely payments to farmers and enhancing support services.
He further announced new product launches in South India, particularly in Chennai, to strengthen HPMC’s market presence.
“Our board meeting has resulted in several important decisions, including infrastructure expansion, product diversification, and technological advancements. We are determined to provide better facilities and services to farmers and horticulturists in the state,” he said.
With these initiatives, HPMC is poised to strengthen its market position while ensuring sustained benefits for the farming community of Himachal Pradesh. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

32 airports closed, security heightened as India-Pak tension escalates – World News Network

EaseMyTrip’s Nishant Pitti calls for travel boycott of Turkey, Azerbaijan over their blatant support to Pakistan – World News Network

“CWC stands as a strong pillar behind Indian army”: Congress leader Ragini Nayak – World News Network

Indian Army retaliates strongly in Jammu Sector following drone attacks by Pakistan: Defence sources – World News Network

“No need to panic”: Kishtwar’s MLA Shagun Parihar amid tensions between India, Pakistan – World News Network

Share This Article
Facebook Twitter Email Print
Previous Article US Dept of State welcomes release of citizen Faye Hall from Taliban’s captivity – World News Network
Next Article Vivienne Westwood’s fashion show in Mumbai: Kareena, Aditya Roy Kapur, Twinkle Khanna mark stylish presence – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -

Latest News

India targets at least 4 Pakistani airbases amid escalating tensions: Sources – World News Network
National 3 hours ago
Surface-to-air missile systems activated in J-K’s Srinagar, heavy engagement ongoing with Pakistan – World News Network
National 3 hours ago
Taiwan detects heightened military activity around itself – World News Network
World 3 hours ago
‘Terrorism when West targeted, neutrality when Non Western nations targeted’, Expert shuns reporting of Western media on Pahalgam attack – World News Network
World 3 hours ago

Sports

India’s Anahat Singh to feature in World Squash Championships 2024-2025 – World News Network
Sports
“I feel extremely proud of our Indian Army”: Rohit Sharma praises Indian Armed Forces – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • National
  • Videos
  • Gujarati

Popular Category

  • Hindi
  • Lifestyle
  • Marathi
  • National
  • Science
  • Sports
  • Tech
  • World

Entertainment

Pranav Mohanlal’s horror thriller with ‘Bramayugam’ makers is titled ‘Dies Irae’ – World News Network
Entertainment
Varun Dhawan, Parineeti Chopra urge citizens to stop spreading fake news amid India-Pakistan tensions – World News Network
Entertainment
Copyright © 2023 World News Network. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?