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    Uttarakhand gears up for prosperity: Global Investors Summit inaugurated by PM Modi

    Synopsis

    This year the state government has set a target of 100 percent grounding. Prime Minister Shri Narendra Modi will launch grounding of projects worth ₹44000 crore during the inaugural session of the Global Investor Committee.

    GIS
    Prime Minister Shri Narendra Modi inaugurated the “Uttarakhand Global Investors Summit 2023” on 8th December, post which he returned to Delhi. More than a thousand investors and delegates from across the country and the world participated in this Global Investors Summit held at Forest Research Institute, Dehradun on 8th and 9th December. The theme of the Global Investors Summit was “Peace to Prosperity” this time. Chief Minister Shri Pushkar Singh Dhami had mentioned that all preparations for the Global Investors Summit had been completed by the state government. This event was organized by the government with the aim of establishing Uttarakhand as a new investment destination. The state government had set a target of investment of Rs 2.5 lakh crore in the Global Investors Summit, and the set target was accomplished. Apart from this, the work of signing MoUs with industrial groups was in progress. CM mentioned that the government was continuously working to create employment in the state through investment and promote local products.

    Before organizing the Global Investors Summit, 4 international and 5 domestic road shows were organized by the Uttarakhand government. Four international road shows were held outside the country in London, Birmingham, Abu Dhabi, Dubai, while the state government conducted road shows across the country in Delhi, Chennai, Bengaluru, Ahmedabad, and Mumbai. On September 14 and October 4, the Dhami government signed an investment agreement of ₹ 26,575 crore in Delhi, on 26 and 27 September, ₹ 12,500 crore in Britain, on 17 and 18 October, ₹ 15,475 crore in UAE. Apart from this, investment proposal agreements worth ₹ 10,150 crore were signed in Chennai on 26 October, ₹ 4,600 crore in Bengaluru on 28 October, and ₹ 24,000 crore in Ahmedabad on 1 November. Whereas on November 5, MoUs worth Rs 30,200 crore were signed in the Mumbai Road Show. Along with this, a “regional conclave” was organized by the state government in Dehradun-Haridwar district in Haridwar and Nainital-Udham Singh Nagar in Rudrapur. Apart from this, a “District Label Mini Conclave” was also organized in all the 9 districts so that other small and big entrepreneurs of the state could also be encouraged to invest. Investors with whom investment MoUs had been signed by the state government mainly included the tourism hospitality sector, AYUSH wellness sector, manufacturing sector, pharma sector, food processing, real estate-infra, pumped storage sector, green and renewable energy, and automobile sector.

    Many special guests, including 3 Union Ministers and prominent industrialists, attended the inaugural session of this event. In which, along with three Union Ministers of the Government of India, 7 Cabinet Ministers of the State Government, all former Chief Ministers, MPs, MLAs, and many special guests were also present. The inaugural session included 8 prominent industrialists of the country as key speakers. Global Investors Summit 2023 was attended by 15 HE Ambassadors/Heads of Mission – Spain, Slovenia, Nepal, Cuba, Greece, Austria, Japan, Saudi Arabia, etc. Apart from this, prominent industrialists, etc., were also present.

    Projects worth Rs 44 thousand crore were grounded
    This year, the state government had set a target of 100 percent grounding. Prime Minister Shri Narendra Modi launched the grounding of projects worth ₹44,000 crore during the inaugural session of the Global Investor Committee. In which 16 projects related to the manufacturing sector, tourism infrastructure sector were included. The grounding of ₹44,000 crore on the very first day of the Global Investor Committee in Uttarakhand gave further impetus to the economic pace of the state. This was the first time that grounding of a project on such a large scale was initiated.


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