Uttarakhand signs agreements for investments worth Rs 1.24 lakh crore after presentations

The Uttarakhand government has signed MoUs worth Rs 30,200 crore with industry groups from various sectors at the Mumbai show. So far, MoUs worth over Rs 1.24 lakh crore have been signed from all shows.

Uttarakhand Chief Minister Pushkar Singh Dhami attended a show organized for the Global Investor Summit in Mumbai today. At the event, he met major industry groups of the country and discussed investment opportunities in Uttarakhand. He also invited all investors to the Uttarakhand Global Investor Summit-2023 to be held from December 8 to 9.

The Chief Minister said that Mumbai is not only the economic capital of the country but also an important part of the unique''India's development history. "While Mumbai is the economic capital of the country, Uttarakhand is the spiritual capital of the country, so interaction and partnership between these two regions is very important," he said.

Dhami added that Maharashtra, especially Mumbai and Uttarakhand complement each other. Explaining his statement, the BJP leader said that modern technology and managerial skills along with spiritual strength and peace are necessary for the development of any nation.

Till now, offers worth over Rs 1 lakh crore have been received from the Department of Development Services for relief, indicating that''Entrepreneurs not only from the country but also from abroad are keen to invest in Uttarakhand,' he said. Dhami added that the state government has made unprecedented progress in the facilitation of doing business in Uttarakhand by adopting the principles of simplification, permission and satisfaction coupled with the principle of active management and timely implementation. He highlighted how the one stop system of getting approvals, licenses etc. and new policies have made the state attractive to investors.

Under the leadership of Chief Minister Dhami, four international shows have already been held abroad in London, Birmingham, Abu Dhabi and Dubai. The state government has also held shows across the country in Delhi, Chennai, Bangalore, Ahmedabad and''Mumbai.

On September 14 and October 4, the Dhami government signed an agreement to invest Rs 26,575 crore in Delhi, agreements worth Rs 12,500 crore in the UK were signed on September 26 and 27, and deals worth Rs 15,475 crore in the UAE were signed on October 17 and 18.

In addition, investment agreements worth Rs 10,150 crore were signed in Chennai on October 26, Rs 4,600 crore in Bangalore on October 28 and Rs 24,000 crore in Ahmedabad on November 1.

The state government has so far signed MoUs mainly in the tourism and hospitality sector, AYUSH welfare sector, manufacturing sector, pharmaceutical sector, food processing sector, real estate and infrastructure, storage energy sector, green and