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Investment MoUs (Memorandums of Understanding) worth Rs 4,600 crore were signed between the Uttarakhand government and 18 companies from different sectors enthusiastic to invest in the state during a road show organised in Bengaluru on Saturday.
After the Bengaluru roadshow, investment MoUs worth Rs 69,300 crore have now been signed so far in UAE, Britain, Delhi and Bengaluru against a total target of investments worth over Rs 2.5 lakh crore during the Investors Summit scheduled in Uttarakhand for December 8 and 9 this year. This includes MoUs worth Rs 15,475 crore signed in UAE, Rs 12,500 crore in Britain, Rs 26,575 crore in two different programs organised in Delhi, and MoUs worth Rs 10,150 crore at a Chennai roadshow.
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आज बेंगलुरु में माननीय कैबिनेट मंत्री श्रीमती @rekhaaryaoffice जी के साथ आगामी माह में होने जा रहे इन्वेस्टर सम्मिट की तैयारियों के संबंध में बैठक मे शामिल हुआ। जहाँ विभिन्न क्षेत्रों की कंपनियों से 4600 करोड़ के MOU साइन हुए!
माननीय मुख्यमंत्री श्री @pushkardhami जी के नेतृत्व… pic.twitter.com/0usU05kHCA
— Subodh Uniyal (@SubodhUniyal1) October 28, 2023
Companies that signed MoUs on Saturday include Bharat Semiconductor Society, Hayes Precision Products Limited, Redwood Group, KEC Agritech, Himalayan Basket and Silage Agro. Other companies include Inspire for skilling and women entrepreneurship, Zeroharm for medical cannabis, Nishant Aromas essential oils, Kumaon Himalayan Beverages Limited, Nutriarch Pvt Ltd, DE Pedro Sugar Industries (Hospitals), Skylark Drones, CDSE Incubators, Trilokesh Exports for lab-grown diamonds and Urban Sector (electric buses manufacturing).
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Addressing investors in Bengaluru, Uttarakhand Cabinet Minister Rekha Arya said, “After Uttarkahand’s coming into existence as a separate state, there has been global growth in sectors like food processing, beverages, textile and apparels, paper and its products, pharma, electrical, electronics, FMCG, fabricated metal products, plywood, rubber and plastic products, chemical products, packaging etc. And investment has been made by major industrial houses of the country.”
She said the state government has identified focus sectors for investment like tourism and hospitality, AYUSH and wellness, film shooting and food processing, automobiles, pharma as well as upcoming segments like renewable energy. Arya added industrial groups like Tata, Ashok Leyland, Bajaj, Hero Honda, and Mahindra have plants established in the state, and Haridwar and Pantnagar have developed as major auto hubs of the country. She also claimed Uttarakhand is establishing itself as a pharma hub.
Addressing the programme, Cabinet Minister Subodh Uniyal said there was resolve to make Uttarakhand a leading state in the field of AYUSH. He said by giving prominence to ayurveda, yoga and naturopathy, tourists will get the opportunity to avail the benefits of these treatments.
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