Himachal Pradesh Current Affairs - 2019

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International Lavi fair being organised in Himachal Pradesh

The four-day-long International Lavi fair is being organised in Rampur district of Shimla, Himanchal Pradesh from 11 to 14 November 2019. It was inaugurated by Himachal Pradesh Governor Bandaru Dattatreya. The governor also inaugurated ‘Kinnauri market’ and an exhibition organised by various government departments.

About International Lavi fair

The Lavi Fair, is almost 400 years old and dates back to time when Raja Kehari Singh of Rampur Bushahr state signed a treaty to promote trade with Tibet. For centuries this fair has remained an important trade fair between India and Tibet. It has been a unique example of glorious, social, cultural, economic history and legacy of Himalayan state of Himachal Pradesh.

Every year, the main attraction during the fair is sale and purchase of Chamurthi horses– an endangered species of horse which traces its origin to the Tibet region. Chamurthi horses  are also known as the ‘ship of the cold desert’.

The Lavi fair has its own historical importance and is famous not only for trading activities but also for its age old long traditions, which even today remains as vibrant as ever. It plays an important role in preserving the rich cultural heritage of state and restoring old glory.

The fair provided a good opportunity for promotion and sale of woollens, dry fruits and other traditional crafts and products, besides benefiting the traditional craftsmen and farmers. Such trade fairs also provide self-employment opportunities to the rural people.

Rising Himachal Global Investors’ Meet 2019

The State Government of Himachal Pradesh is organizing Rising Himachal Global Investors’ Meet 2019, a flagship business event, at Dharamshala on 7 -8 November 2019. The event will be attended by diplomats, leaders from senior policy makers, corporate sector development agencies and investors from across the globe. The event will also be attended by Union Commerce and Industry and Railway Minister, Piyush Goyal, who will highlight about government investment and policies for promoting investment in Himachal Pradesh and hill states of India.

About Rising Himachal Global Investors’ Meet 2019

The Global Meet will showcase investment opportunities and policy & regulatory environment in 8 focus sectors for boosting manufacturing and employment generation in Himalayan State. These 8 focus sectors include- (1) agri-business and post-harvest technology, (2) housing and urban development, (3) manufacturing and pharmaceuticals, (4) civil aviation, hydro and renewable energy, (5) wellness, tourism and hospitality, (6) healthcare and AYUSH, (7)  IT-ITeS and electronics, (8) education and skill development.

The Rising Himachal Summit is promoted by Invest India, the National Investment Promotion and Facilitation Agency through the India Investment Grid (IIG), a Union government’s initiative to showcase investment opportunities across states and sectors in India on a single interactive platform. Invest India under the Union Ministry of Commerce and Industry, helps investors looking for options and investment opportunities in India.

During the two days Global Investors’ Meet there will also be a session on ‘Growing economic ties between Invest India and United Arab Emirates (UAE)’.