Global Investor Summit: Industrial houses propose huge investments in Uttarakhand

Excelsior Correspondent
NEW DELHI, Sept 15: A curtain raiser of Global Investor Summit was organised in New Delhi here today, in which many big industrial houses of the country proposed huge investments in Uttarakhand.
The program was organized at Hotel Taj Mahal in New Delhi regarding the Global Investor Summit which is going to be held in Uttarakhand in the month of December.
On the occasion Uttarakhand Chief Minister Pushkar Singh Dhami was the chief guest.
During the programme, ITC proposed an investment of Rs. 5000 cr to the Uttarakhand Government. Mahindra Holidays and Resorts India Limited is going to set up 45 resorts at different places in Uttarakhand in the next three months with an investment of Rs. 1000 cr. 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.
A 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.
Speaking on the occasion, CM Dhammi 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.
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.
He said that the Government is determined to develop Uttarakhand as the fastest growing economy in the country with natural heritage.
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.
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.