Setting up of a textile unit by Yoyogo company in SIIDCUl Sitarganj by Jahushia Okai prompted luoyang Chambers of Commerce to scot for business opportunities in Uttarakhand.
This company has decided to make an investment of Rs 600 crore and work on I phase of this textile unit is under progress. The members of the delegation also called upon the Chief Secretary of state, S Ramaswamy and informed that the Chamber has 300 members.
The CS told the delegation that the entire process of the setting up an industrial unit in the state is made online and the government has made it mandatory to clear the proposals within a time period of 15 days. He said that state has best infrastructural facilities for investment. Ramaswamy assured the delegation that to meet their requirements a separate Chinese Investment Enclave would be set up in the state. He said that all information about the industrial policy of the state would be translated in Chinese language for the benefit of those intending to invest in the state. The Chinese are particularly interested to invest in Pharma, textile, winery, solar energy, skill development and manufacturing units in the State.