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Global Investors Summit : CM Pushkar Singh Dhami said – Will Achieve Investment target of Rs. 2.5 lakh crore

Curtain raiser of Global Investors Summit Uttarakhand held in Delhi

ITC proposed investment of Rs. 5000 crore

MoU for investment of Rs. 1000 crore with Mahindra Holidays and Resort India Limited and Rs. 1600 crore with e-Kuber was signed

Global Investor Summit will be organized in Uttarakhand in December on the tagline of “Peace to Prosperity”

New Delhi, 14 Sept (City Times): (Global Investors Summit) – On the occasion of curtain raiser of Global Investor Summit, ITC proposed an investment of Rs. 5000 crore to the Uttarakhand government. An MoU for investment of Rs. 1000 crore was signed with Mahindra Holidays and Resort India Limited and Rs. 1600 crore was signed with e-Kuber. The agreement on such a big investment proposal on the very first day shows how keen investors are about Uttarakhand and how ready the government is also. 

Mahindra Holidays and Resorts India Limited is going to set up 4 or 5 resorts at different places in Uttarakhand in the next three months with an investment of Rs. 1000 crore. This will open employment opportunities for 1500 people. This is the largest investment by Mahindra Holidays & Resorts India Limited in any state in the entire country. 

Curtain raiser program was organized at Hotel Taj Mahal in New Delhi regarding the Global Investor Summit to be held in Uttarakhand in the month of December. Uttarakhand Chief Minister Pushkar Singh Dhami participated in the program as the chief guest.

While giving information about Destination Uttarakhand-Global Investors Summit-2023 in his address, the CM said that Uttarakhand is fast emerging as a young state where there are immense opportunities for industries. Along with ease of doing business, there is also peace of doing business in the state. There are almost no incidents of labour dissatisfaction in the industries operating in the state of Uttarakhand.  (Global Investors Summit)

CM Dhami said that the government is working with the vision of creating an easy business environment along with world-class infrastructure in Uttarakhand. Along with implementing special policies, attractive financial incentives have been arranged to promote investment in various sectors in the state. These policies mainly include Tourism Policy-2023, MSME Policy-2023, Start-up Policy-2023, Logistics Policy-2023, Policy-2023 for establishment of private industrial estates. 

Chief Minister Pushkar Singh Dhami said that the government is determined to develop Uttarakhand as the fastest growing economy in the country with natural heritage. To strengthen the economy of the state, Strong Uttarakhand Mission has been launched, under which a target has been set to double the SGDP of the state in the next 5 years. Uttarakhand Global Investors Summit-2023 is being organized by the state as a link to achieve this goal. 

The Chief Minister said that more than 1200 such Acts have been identified in the state, which are currently unusable and about 500 of these Acts are being repealed through the Single Repeal Act. He said that at present a land bank of about 6000 acres is available in Uttarakhand for setting up industries in various sectors.

There has been continuous improvement in rail, road and air connectivity in the state. Direct air service has become available from Dehradun Airport to various cities. Dehradun and Pantnagar airports are also being expanded.

As part of the development and upgradation of the railway network, the construction work of Rishikesh – Karnaprayag railway line is in progress. To facilitate the Char Dham Yatra in the state, the construction work of all-weather road is also in progress.  (Global Investors Summit)

The Chief Minister said that the entrepreneurs of the state are our brand ambassadors and they have the maximum participation in increasing investment in the state. Our government is working on the basis of simplification, solution, solution and satisfaction and this is possible only when their problems are solved by continuously communicating with the industry associations. He said that effective steps have been taken towards establishment of Aroma Park in Kashipur, Plastic Park in Sitarganj, Electronics Manufacturing Cluster in Kashipur and Amritsar Kolkata Industrial Corridor.

The Chief Minister said that for the convenience of tourists and devotees, facilities are being developed through innovation at all places in the state. A policy has also been set to promote exports. The Chief Minister said that our aim is to develop all the mythological places of the state. Like Chardham Adikailash, a circuit of temples of Kumaon region is being made under the Manaskhand Temple Mala Mission. In this, religious tourism will be further promoted in the state.

The Chief Minister said that it is a good fortune for all of us to work in Devbhoomi. The environment of the state is completely favorable for entrepreneurs. 71 percent of the land area of Uttarakhand is covered with forests. Along with health and wellness, it is also a source of energy. He said that after the Kedarnath disaster, today it has become a grand Kedar. Soon rope-way will be constructed for Kedarnath and Hemkund Sahib.

The Chief Minister said that in the hilly areas of the state, one city each will be established in Garhwal and Kumaon divisions. Along with the construction of Ganga Corridor in Haridwar Rishikesh, the foundation stone has been laid for the construction of a ghat at Haripur near Kalsi for the Aarti of Yamuna like Harki Pauri during the Mahabharata period.

The Chief Minister said that Uttarakhand has achieved GI tag in 09 products produced/manufactured in the state. These GI tags include Kumaon Bureau Oil, Munsiyari Rajma Bhotiya Dan, Epan Ringal, Copper Products, Dhulma, Bay Patta and Basmati Rice. Nettle (nettle grass) by the State Government. Application for GI tag has been made in some other products like Pichhoda, Artistic Candle Mask and Temple Replica.

The Chief Minister said that for investment promotion and promotion in the state, a dedicated Investor Facilitation Cell has been established at the Industries Directorate level, which is providing dedicated handholding support as a ‘one stop shop’ for investors/businessmen. The facility of a dedicated relationship manager is being provided to entrepreneurs with capital investment of more than Rs. 5 crore. Online single window clearance portal https://investuttarakhand.uk.gov.in/ has been established in the state for investors to get required approval/permission/approval for setting up industries.

CS Dr. S.S. Sandhu said that Uttarakhand is a better destination for entrepreneurs to invest. Being close to Delhi NCR, this distance will soon be covered in 2 & 1/2 hrs. due to development of better road infrastructure. Similarly, due to upgradation of road infrastructure in Haridwar, Kotdwar, Rudrapur, Kashipur, Tanakpur, the distance here too can now be covered in less time. Uttarakhand is also favourable for industries from environmental point of view. There is no water dispute in our state and there is adequate availability of electricity. People are getting attracted towards the state due to its better ecosystem.  (Global Investors Summit)

ACS Mrs. Radha Raturi said that the policy has been prepared after studying the policies related to industry and investment of various states of the country. She said that in order to attract more and more entrepreneurs to the state, attention is being given to development of industry-friendly policies and facilities. 

International road shows will be organized in London, Singapore, Taiwan

The Uttarakhand government is fully prepared for successful organisation of Uttarakhand Global Investor Summit. The first international road show to be held abroad regarding the summit will be held in London from 25 September to 28 September 2023. Chief Minister Pushkar Singh Dhami will also participate in it. After that, there will be road shows in Singapore and Taiwan in the first week of October. Foreign investors will be attracted to invest in Uttarakhand through road shows in Dubai and Abu Dhabi from 16 to 20 October.

A team of officials from the state government will also go to road shows abroad. After this, the first road show in the country will be held in Delhi on 03 October, followed by 6 more road shows, which will be held in Ahmedabad, Chandigarh, Mumbai, Bengaluru, Chennai and Hyderabad. A target of investment of at least Rs. 2.5 lakh crore has been set by the state government through the investors summit. (Global Investors Summit)

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