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 prospects of establishing new petrol pumps to expand the organisation's commercial activities was also tabled. "This initiative aims to broaden the scope of HIMFED's business and generate additional sources of income," an official said.htc...