The Uttarakhand Government is also taking part in the sixth edition of CII Invest North 2017 –which began in Mumbai recently. The event connects businesses across sectors with the northern states of India.
Addressing the special plenary session, the Uttarakhand Finance Minister Prakash Pant said that the State’s stable local political environment facilitates businesses and is one of its key factors to attract investments in the state. He said Uttarakhand shares borders with several Northern states which also works to its advantage.
Hailing the efforts of Government of India towards ease of doing business, Pant said EoDB was on the top of the state government’s agenda and it was working towards improving on the several parameters to boost growth. Talking about the progress in various sectors, Pant said that the government will connect with industrialists to promote health services in the State. The state government is also mulling options to promote medical tourism and has already started telemedicine and tele-radiology services, he said.
State Infrastructure and Industrial Development Corporation of Uttarakhand limited (SIIDCUl) managing director R Rajesh Kumar made a presentation on investment climate, policies and investment opportunities in the state. Elaborating about the possibilities of setting new businesses in the state, Kumar said that Uttarakhand had land banks and can give land to investors at subsidised rates. The state was also developing some new air strips under the regional connectivity scheme of the Government of India to improve connectivity and boost business activities.
Speaking about the investment scenario in the state, he said the State Government was holding talks with companies from Thailand and China, approaching them for investments. Kumar also spoke about the strong tourism sector of the state and said the government is developing a new airport for facilitating the pilgrims for Char Dham Yatra.