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HP Agro Industries Corporation records sale of Rs 94.44 crore
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Tuesday, 08 April, 2025, 08 : 00 AM [IST]
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Our Bureau, Mumbai
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Horticulture Minister Jagat Singh Negi presided over the 261st meeting of the board of directors of HP Agro Industries Corporation Ltd. It was apprised in the meeting that the corporation recorded a sales turnover of Rs 94.44 crore, with a gross profit of Rs 4.90 crore (before audit) and a net profit of Rs 1.64 crore (before audit) during the financial year 2024-25.
The minister lauded the efforts of the employees of the corporation for this achievement. He emphasised the need to strengthen all operational activities of the corporation in the interest of farmers across the state. Apart from this, the corporation must adopt proactive measures to enhance its functioning.
He said that the board has approved the utilisation of 45.65 kanal of vacant land at Kandrori in Kangra district for production and manufacturing of sugarcane and orange-based products, which would go a long way in benefitting farmers. He directed the officials to prepare the comprehensive proposal at the earliest in this regard.
Jagat Singh Negi also stressed the need to accelerate the process of amalgamating HP Agro Industries Corporation Ltd., with HPMC and instructed to rigorously pursue the matter be with the Ministry of Corporate Affairs.
Secretary, horticulture C Paulrasu, director, agriculture Kumud Singh, managing director, HPAIC Rima Kashyap, other board members and senior officials were present in the meeting.
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