Published On:December 11 2023
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"Uttarakhand Global Investors Summit Garners Investment Proposals Exceeding ₹3.5 Lakh Crore"
The recently concluded Uttarakhand Global Investors Summit in Dehradun has exceeded all expectations by attracting investment proposals totaling more than ₹3.5 lakh crore, well beyond the targeted ₹2 lakh crore, as announced by Union Home and Cooperation Minister Amit Shah.
Speaking at the closing ceremony held at the Forest Research Institute in Dehradun recently, Minister Shah hailed the event as the beginning of a new era for Uttarakhand, emphasizing its potential to set a global example of environmentally conscious industrial development.
"The objective of making Uttarakhand a separate state was to facilitate rapid development, and under the leadership of Chief Minister Pushkar Singh Dhami, significant progress has been achieved," noted Minister Shah. He commended the state's initiatives, including the Chardham Yatra system, infrastructure development, and strategic plans for border areas. Shah highlighted Uttarakhand's transformation into a policy-driven state with nearly thirty investor-friendly policies, crediting the transparent governance promoted under Prime Minister Narendra Modi's leadership.
Chief Minister Pushkar Singh Dhami expressed his commitment to creating an investor-friendly environment in Uttarakhand, stating, "Uttarakhand is striving to meet all parameters to attract industry, including enhancing ease of doing business, implementing a single-window clearance system, simplifying complex regulations, and diligently managing the budget." Dhami emphasized the state's dedication to formulating straightforward and transparent policies across various sectors to ensure a hassle-free experience for industrialists.
The overwhelming response from the investor community underscores Uttarakhand's potential as a favorable destination for business and sets the stage for robust economic growth in the region. The state's proactive approach to industrial development and its commitment to transparency have positioned Uttarakhand as an attractive investment hub, ready to harness the vast opportunities that lie ahead.
HBL