Uttarakhand Chief Minister Pushkar Singh Dhami embarked on a mission to bolster his state’s economic prospects by engaging with representatives from prominent industrial conglomerates during his visit to London on Tuesday. The discussions centered on potential investments in Uttarakhand as part of the preparations for the forthcoming state Global Investor Summit scheduled to take place in Dehradun in December.
During his interactions, Chief Minister Dhami extended a warm invitation to potential investors to participate in the Global Investor Summit in Uttarakhand. As a significant milestone, the Uttarakhand Government, in the presence of the Chief Minister, inked a Memorandum of Understanding (MoU) valued at Rs 2,000 crore with the renowned Poma Group.
The MoU was formally signed on behalf of the state government by Secretary of Industries Vinay Shankar Pandey. Chief Minister Dhami underscored the abundant investment opportunities within Uttarakhand, particularly emphasizing the state’s potential for eco-friendly tourism, given its unique geographical characteristics. Notably, the Poma Group holds a prominent global position in ropeway manufacturing.
Highlighting the longstanding association between Poma Group and Uttarakhand, the Chief Minister acknowledged the company’s contributions, including technical support for the Auli Ropeway in Chamoli district. Presently, Poma Group is actively involved in technical support for ropeway projects in Dehradun-Mussoorie and Yamunotri.
Moreover, Chief Minister Dhami disclosed that Poma Group had expressed its interest in investing in technical support and establishing a Center of Excellence for ropeway technology in Haridwar and other significant religious and tourist destinations within the state.
Furthermore, he emphasized that the state government’s vision encompasses not only tourism but also concerns for ecological preservation and economic development. A vital aspect of their approach is to strike a balance between development and environmental sustainability.
Addressing potential investors in London, Chief Minister Dhami highlighted the city’s stature as a major hub for the service sector, attracting significant investments in tourism, information technology, and healthcare. He underscored the distinct agricultural climate in Uttarakhand, making it an ideal region for organic product cultivation. The Global Investor Summit is seen as an effective means to facilitate the export of Uttarakhand’s products to international markets.
Additionally, Chief Minister Dhami noted the United Kingdom’s leadership in healthcare and life sciences and juxtaposed it with Uttarakhand’s reputation as India’s pharmaceutical hub. The state is home to three pharma clusters housing over 300 operational industries.
In conclusion, the Uttarakhand Chief Minister’s visit to London served as a pivotal step in strengthening ties with potential investors, underlining the state’s commitment to sustainable development and its allure as a prime investment destination.
Also Read: EAM Charts Transition from Non-Alignment to ‘Vishwa Mitra’ at UN
Catch all the Latest Business News, Breaking News Events, and Latest News Updates on NewsX
