Shimla, Oct. 10 -- The Himachal Pradesh State Cooperative Marketing and Consumers Federation Limited (HIMFED) will set up a honey processing plant in Nagrota Bagwan and explore the feasibility of establishing new petrol pumps as part of its business diversification and expansion strategy.

The proposals were taken up at a meeting of HIMFED's board of directors, chaired by its chairman Maheshwar Chauhan in Shimla on Friday.

With the aim of diversifying HIMFED's business and developing new revenue streams, a proposal to set up a honey processing plant at Nagrota Bagwan was discussed. The potential for promoting honey processing and value addition through this project was considered.

Furthermore, a proposal to assess the feasibility and pr...