UGIS 2023 : The Uttarakhand government, under the leadership of Chief Minister Pushkar Singh Dhami, has formalized a memorandum of understanding (MoU) for a substantial ₹2,000 crore investment with the Poma Group in London. The MoU was executed by Vinay Shankar Pandey, the Secretary of Industries, representing the Uttarakhand government.
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CM Dhami underscored the unique geographical conditions of the state and its abundant potential for eco-friendly tourism investments.
UGIS 2023 Update : Usha Bracco Sign MoU to investment of ₹1,000 crore in Uttarakhand.
About the Poma Group
The Poma Group stands as a global frontrunner in ropeway construction and has a history of engagement in Uttarakhand, including its contributions to the Auli ropeway project in Chamoli district. Presently, the Poma Ropeway is lending technical support to projects such as the Dehradun-Mussoorie ropeway and the Yamunotri ropeway.
CM Dhami disclosed that the Poma Group has expressed its eagerness to offer technical assistance for ropeway projects and establish a Center of Excellence at various religious and tourist destinations, including Haridwar.
He emphasized the state government’s unwavering commitment to harmonizing development and environmental preservation. Investments like ropeway projects in Uttarakhand not only enhance tourism accessibility but also carry ecological advantages while concurrently creating employment prospects for the local populace.
CM Dhami actively participated in meetings during the London roadshow for the Global Investors Summit in Dehradun. During these interactions with prominent industrial entities from London, he explored potential investment opportunities in Uttarakhand. CM Dhami extended a warm invitation to all investors to attend the Global Investor Summit scheduled for December this year in Uttarakhand.
Spotlight on London’s Significance.
In his address to investors in London, CM Dhami acknowledged London’s stature as a pivotal service sector hub. He expressed the state government’s keen interest in welcoming global investors to contribute to Uttarakhand’s industrial progress.
Britain boasts a global reputation in innovation and technology and enjoys access to a skilled workforce. Uttarakhand has also achieved recognition for its contributions to innovation and technology within India. Britain’s stronghold lies in healthcare and life sciences, particularly biotechnology, pharmaceuticals, and medical technology—areas where Uttarakhand has established a prominent presence.
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Uttarakhand is renowned as India’s pharmaceutical hub, hosting over 300 pharmaceutical industries. The real estate sector in Uttarakhand offers a myriad of opportunities, reminiscent of major cities such as London and Manchester.
The event was attended by Dr. R. Meenakshi Sundaram, Secretary to the Chief Minister, Rohit Meena, Director General of Industries, along with other members of the delegation and investors.”
For Invest and Policy Related Information Visit Official Website :- https://investuttarakhand.uk.gov.in/
Who Will Invest ₹ 2,000 Crore in Uttarakhand ?
Poma Group Investing ₹ 2,000 Crore in Uttarakhand .
When Will UGIS 2023 Organised ?
UGIS 2023 Will be Organised 8th and 9th December .