CM holds road show in Bengaluru to woo investors

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To promote Uttarakhand as a new destination of industry and to woo the investors, the Chief Minister Trivendra Singh Rawat held a road show in Bengaluru on Wednesday.  The show was organised in the run-up to the Destination Uttarakhand-Investors Summit’ scheduled on October 7 and 8 in Dehradun.

Speaking at the road show,  CM Rawat highlighted the investor-friendly environment of the State. “Uttarakhand is full of natural beauty where you will get spiritual happiness along with adventure and bio-diversity. We are now focused on improving connectivity with the rest of the country and soon we will have railway route which will only take 3.5 hours to reach Dehradun from the national capital. There is also a friendly bureaucracy in Uttarakhand. I assure you that whatever are the requirements of the investors, we will attend and will make sure that all our officials also follow the same practice,” he said. 

Terming Uttarakhand as a fast-emerging economy, Rawat said that the economic growth rate of the State is higher than national average and the per capita income has witnessed a jump of Rs 16,177 this year as compared with the last year.

The State Principal Secretary, Industries, Manisha Panwar said that the State has a vast investment potential with tremendous opportunities for commerce. “Our vision is to establish the State as a business destination that is sustainable and inclusive by adopting policies best suited for steady operations. From huge industry potential to inexpensive electricity, the State has a well-developed infrastructure that nurtures entrepreneurship,” she said.

The director, Information Technology Development Agency (ITDA), Amit Sinha said that the State has a dedicated policy on Information and Communication Technology and has accorded ‘Industry’ status to the sector. He claimed that the State has all the potential to be another Silicon Valley of India.

The Chief Secretary Utpal Kumar Singh, the director general and commissioner Industries,  Sowjanya and other senior officers of the State were also present on the occasion.

Key participants

Representative of Tirupur Exporters and Manufacturers Association, Intel, IBM India Private limited, Jindal Nature care, CII Karnataka, Bhoruka Power Corporation ltd, Flipkart Internet Private limited, Alliances and Revenue, Ola (ANI Technology), Rajesh Exports, Meritor India, Tata Power Solar, GA Software Technologies, Bayern International, and Mahindra Electric were present on the occasion.

Investors Summit 2018

The summit to be organised on October 7 and 8 would focus on sectors like Food Processing, Horticulture, Floriculture, Herbal and Aromatic, Tourism,  Hospitality, Wellness and AYUSH, Pharmaceuticals, Automobiles, Natural Fibres, IT, Renewable Energy, Biotechnology and Film Shooting, for expediting industrial development in the State. The Investment Promotion and Facilitation Centre in the Directorate of Industries has started functioning as the secretariat to the event. The State aims to attract investment to the tune of Rs 40,000 crores from the summit.

Daily Pioneer
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