BI News,Mumbai: The grand road show of Uttarakhand Global Investor Summit 2023 in Mumbai witnessed the signing of Memorandums of Understanding (MoUs) worth about Rs 30,200 crore, further bolstering the state’s efforts to attract investments. This brings the total MoU value from all road shows to more than Rs 1.24 lakh crore.
LIVE: Addressing in Mumbai Roadshow “The Uttarakhand Global Investors Summit 2023”#InvestInUttarakhand https://t.co/K1UhTYQnEX
— Pushkar Singh Dhami (@pushkardhami) November 6, 2023
Uttarakhand’s Chief Minister, Pushkar Singh Dhami, took an active role in the Mumbai Roadshow, engaging with industrial groups from various sectors eager to invest in the state. The primary objective is to double the Gross State Domestic Product (GSDP) of Uttarakhand within the next 5 years.
Some key firms that inked MoUs in Mumbai include Imagica (theme park), Atmantan (resort), ACME (solar cell manufacturing), CTRLs (data center), Perfetti, and Nsure renewable energy. Meetings were also held with prominent entities like JSW Sports, Godrej chemicals, Estar food, and V Arjun logistics park.
Under the leadership of Chief Minister Pushkar Singh Dhami, the government has conducted a series of international road shows in London, Birmingham, Abu Dhabi, and Dubai, along with domestic road shows in Delhi, Chennai, Bengaluru, Ahmedabad, and Mumbai. These efforts have resulted in significant investment agreements, including Rs 26,575 crore in Delhi, Rs 12,500 crore in the UK, and Rs 15,475 crore in the UAE, among others.
Jharkhand Government Launches “Abua Bir Abua Disom Campaign” to Distribute Forest Land Rights
Investment MoUs mainly focus on sectors such as tourism and hospitality, AYUSH wellness, manufacturing, pharmaceuticals, food processing, real estate and infrastructure, pumped storage, green and renewable energy, and the automobile industry.
Chief Minister Pushkar Singh Dhami emphasized the importance of Mumbai in India’s economic development and highlighted the spiritual significance of Uttarakhand. He invited all investors to participate in the Global Investment Summit scheduled for December 8-9.
#WATCH | Mumbai: On the upcoming Uttarakhand Global Investors Summit 2023, Uttarakhand CM Pushkar Singh Dhami says, “…Mumbai is the financial capital of the country…People participated in large numbers in the road show today…Many agreements were signed…So a big investment… pic.twitter.com/QQhCT0iQV8
— ANI (@ANI) November 6, 2023
Dhami stressed the need for collaboration between Mumbai and Uttarakhand, acknowledging their complementary roles in economic development. He also reiterated Uttarakhand’s goal of doubling its GSDP within the next 5 years, a part of the Strong Uttarakhand Mission.
The Chief Minister explained that increased industrial investment in Uttarakhand would create sustainable employment opportunities. The state has received investment proposals exceeding Rs. 1 lakh crore, demonstrating both national and international enthusiasm for investing in Uttarakhand. He highlighted the state government’s commitment to improving the Ease of Doing Business and creating investor-friendly policies.
The summit saw the participation of Chief Secretary Dr. S.S. Sandhu, Secretary Dr. R. Meenakshi Sundaram, Secretary Industries Mr. Vinay Shankar Pandey, Director General Industries Mr. Rohit Meena, Director General Information Mr. Banshidhar Tiwari, and representatives of various industrial groups.
The Uttarakhand Global Investor Summit-2023, scheduled for December 8-9, holds a significant place in this mission to promote investment and development in the state.
