Destination Uttarakhand aims to establish State as investment hub
Friday, 08 December 2023 |PNS | DEHRADUN
The stage is all set for the grand opening of the Global Investors Summit-2023- Destination Uttarakhand today. In presence of a galaxy of dignitaries that includes ambassadors of many countries, Union ministers and prominent industrialists, Prime Minister Narendra Modi will formally inaugurate the two-day summit at the imposing campus of Forest Research Institute (FRI) in Dehradun. More than one thousand investors, delegates and representatives of the industry will take part in the summit for which the Uttarakhand government has taken a target to attract investments worth Rs 2.5 lakh crore. One of the key features of the event is that the State has already signed Memoranda of Understanding (MoUs) worth Rs 2.5 lakh crore and the State government is now endeavouring for grounding of these agreements. In the inaugural session, PM Modi will initiate grounding of projects worth Rs 44,000 crore. Grounding of 16 projects of infrastructure and tourism will be done on the day one of the summit. After attending the inaugural programme the PM will return to New Delhi.
The State government has kept the theme ‘peace to prosperity’ for the summit. Chief Minister Pushkar Singh Dhami said that all preparations for the Global Investors Summit have been completed. He said that the summit is being organised to establish Uttarakhand as the new destination of investment. The CM said that the government had taken an investment target of Rs 2.5 lakh crore from the summit and this target has already been achieved. He said that the process of more MoUs with representatives of the industry is in progress. The CM said that the State government is working diligently for creating employment opportunities by attracting investment and promoting local products.
The inaugural ceremony is expected to be attended by three union ministers, seven cabinet ministers of Uttarakhand, former CMs, MPs, MLAs and many other dignitaries. The inaugural session will be addressed by eight prominent industrialists. The session will also be attended by ambassadors/ head of missions of Spain, Slovenia, Nepal, Cuba, Greece, Austria, Japan and Saudi Arabia.
As part of the preparations for the summit, the State government organised four international road shows in London, Birmingham, Abu Dhabi and Dubai. Apart from it five domestic road shows in Delhi, Chennai, Bengaluru, Ahmedabad and Mumbai were also held to woo the investors.
MoUs worth Rs 26,575 crore were signed in the Delhi road show while MoUs of Rs 12,500 Crore were inked in Britain. In the road shows held in UAE, MoU of Rs 15,475 crore were inked. The government signed MoU of Rs 10,150 crore in Chennai, Rs 4600 crore in Bengaluru, Rs 24000 crore in Ahmedabad and Rs 30,200 crore in Mumbai. The government also organised regional conclaves in Haridwar and Rudrapur while district level mini conclaves were organised in all the 13 districts. The government is focusing on tourism and hospitality, Ayush and wellness, manufacturing, pharmaceuticals, food processing, real estate, pump and storage sector, green and renewable energy and automobile sectors in the summit.
