Uttarakhand Govt signs Rs 30,200 Cr worth MOU’s in Mumbai

Mumbai: The Uttarakhand Government signed a whopping number of MOUs worth Rs 30,200 crores with industrial groups during its roadshow “Uttarakhand Global Investor Summit 2023” that was held in Mumbai recently.

Uttarakhand has so far signed MOUs totally worth Rs 1.24 lakh crore in several roadshows covering Mumbai, Delhi, Chennai, Bengaluru and Ahmedabad, besides holding four roadshows abroad in London, Birmingham, Abu Dhabi and Dubai.

The industries signing the MOUs included:  Tourism, Hospitality, AYUSH wellness, Manufacturing, Pharma, Food Processing, Real Estate Infra, Pumped Storage  sector, Green and Renewable Energy, and Automobile sector.

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The Uttarakhand Chief Minister Pushkar Singh Dhami had addressed the gathering of industrialists from different sectors during the roadshow in Mumbai.

Describing Uttarakhand as the country’s “spiritual” capital, Dhami said that the State has set a target of doubling its GSDP within the next 5 years for which the “Strong Uttarakhand Mission” had been started, besides the “Uttarakhand Global Investors Summit-2023” to be held on December 8-9 this year.

Noting that investment in the industrial sector would ensure sustainable employment opportunities for Uttarakhand, the Chief Minister said that besides receiving over Rs one lakh crore worth investment proposals, the State was making unprecedented progress in “Ease of Doing Business” by adopting the core principles of “Simplification, Resolution and Satisfaction” alongside adopting the ‘Pro-Active Governance’  and ‘Timely Implementation’ formula for effective administration given by the Prime minister in 2015.

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While the system of window for approvals like licences etc had been improved in the State, a “one-stop-shop” system been started for approvals towards establishment and operations of business, he said, adding that many new ‘investor-friendly’ policies had been started or simplified as part of a strong policy framework.

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