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Uttarakhand Govt Inks MoUs Worth Rs 5,450 cr With Industry Groups In Dubai

Updated: Oct 18, 2023 02:03:58pm
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Uttarakhand Govt Inks MoUs Worth Rs 5,450 cr With Industry Groups In Dubai

Uttarakhand, Oct 18 (KNN) Uttarakhand government has signed investment MoUs worth Rs 5450 crore with various industry groups in Dubai in the presence of the Chief Minister Pushkar Singh Dhami.

Chief Minister Dhami, who is currently in Dubai met with representatives of various industry groups in the road show organized for the Uttarakhand Global Investor Summit 2023. He invited all the industrial houses for the summit to be organized in Dehradun on December 8-9.

As per the official statement, state government has inked MoUs worth Rs 5,450 crore with industry groups related to tourism, education, infra, real estate. So far, Rs 2 thousand crores have been invested in Dubai with Sir Biotech and Hyatt India, Rs 950 crores with Carmilla Nutrition Technology Group for pharma production, Rs 800 crores with GTC Group, and Flow Conglomerate Group for investment in real estate, infra and tourism sectors.

An MoU of Rs 500 crore, Rs 700 crore for the manufacturing sector with Exley Group and an investment MoU of Rs 500 crore with Sharaf Logistics have also been signed. Secretary Industries Vinay Shankar Pandey signed the MoU on behalf of the state government.

During the meeting, CM said that under the guidance of Prime Minister Narendra Modi, an investment-friendly system has been developed in Uttarakhand and a lot of work has been done in the field of infrastructure in the state.

Uttarakhand Cabinet Minister Dr Dhan Singh Rawat said in his address that the state government is continuously making active efforts to develop the state as a most suitable destination for investment. In this series, the state of Uttarakhand has appeared among you with its limitless possibilities, read the statement from the CMO.

The state government is continuously making efforts in the direction of ease of doing business. Uttarakhand is in the achiever's category. The state has taken specific initiatives toward reforming labour laws. Similarly, continuous improvements and simplification have been made in the direction of providing land to investors.  

(KNN Bureau)

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