The Himachal Pradesh government has cleared a proposal for setting up two industrial units which are likely to bring in investments worth Rs 215 crore. The Rs 196 crore unit of Indian Tecnomac company will manufacture aluminum granules and quick lime which is likely to generate 624 jobs.

The Rs 19 crore project of Panacea Biotech would expand its operations in the state and would open 52 jobs vacancies, a spokesman for the state government said.