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Friday 24 Aug 2018 03.15 PM

Government of Uttarakhand Roadshow Generates Huge Interest among Karnataka Business Community in Bengaluru

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Government of Uttarakhand, today organized a roadshow in Bengaluru, Karnataka in the run up to the ‘Destination Uttarakhand: Investors Summit’ scheduled from October 7-8, 2018. The maiden investor summit, which will be organized at Dehradun will be inaugurated by Hon’ble Prime Minister of India, Shri Narendra Modi.

Shri Trivendra Singh Rawat, Hon’ble Chief Minister of Uttarakhand and Mr. Utpal Kumar Singh, Chief Secretary, Government of Uttarakhand addressed the roadshow. Some of the senior Government of Uttarakhand officials that also addressed the gathering at Bengaluru included Ms. Manisha Panwar, Principal Secretary, Industries, Ms. Sowjanya, Director General & Commissioner Industries and MD, SIIDCUL, Government of Uttarakhand and Mr. Amit Sinha, Director, Information Technology Development Agency (ITDA), Government of Uttarakhand. In addition to the Government of Uttarakhand officials, various industry leaders and experts that graced the occasion include Mr. Bartheraja, Secretary, Tirupur Exporters and Manufacturers Association, Mr. Krishna Kumar, Mr. Nataraj Timmaraju Strategy, Manager Intel; Mr. Chaitanya N Sreenivas, HR Head - India & South Asia, IBM India Pvt Ltd; Mr. Pragun Jindal, Patron, Jindal Naturecare; Mr. S Chandrasekhar, Past Chairman CII Karnataka & MD & CEO, Bhoruka Power Corporation Ltd; Mr. Sanjiv Saddy, Senior Vice President, Flipkart Internet Pvt Ltd; Mohit Shewakramani, Senior Manager - Alliances and Revenue, Ola (ANI Technology); Mr. Rajesh Mehta, Chairman & Mr. Siddharth Mehta, Director, Rajesh Exports; Mr. Thimmaiah NP, MD & CEO, Meritor India ; Mr. Arul, CTO & Executive Vice President, Tata Power Solar; Mr. Ganesan Kaliyan, Founder & CEO, Mr. Santosh Kumar TS, Business Development Manager, South, GA Software Technologies; Mr. John Kottayil, Executive Director, Bayern International; Ms. Soorya, DGM, IESA and Mr. Satish Rajagoapalan, Business Development and Strategy Head, Mahindra Electric among others.

The key agenda of the roadshow was to share the investment opportunities in Uttarakhand and to seek active participation for the ‘Destination Uttarakhand-Investors Summit 2018’. The roadshow received encouraging response and generated huge interest among the investors. The delegation from Uttarakhand Government, highlighted the 12 focus sectors of the state, which include Food Processing, Horticulture & Floriculture, Herbal & Aromatic, Tourism & Hospitality, Wellness & AYUSH, Pharmaceuticals, Automobiles, Natural Fibers, IT, Renewable Energy, Biotechnology, Film Shooting.

Speaking at the Roadshow, Shri Trivendra Singh Rawat, Hon’ble Chief Minister of Uttarakhand said, “We are pleased to organize this roadshow with a focus on these 12 sectors, in the run up to the Destination Uttarakhand Investors Summit, which will be organized at Dehradun in October. We are taking concrete steps to make the most of the investment opportunities present in the state and transform them into employment opportunities for the people of Uttarakhand. We aim to establish the state as an investment hub, with an investor friendly environment and its ease in doing business.”

Addressing the industry leaders at the roadshow Ms. Manisha Panwar, Principal Secretary, Industries said, “Uttarakhand has a vast investment potential with tremendous opportunities for commerce. Our vision is to establish the state as a business destination that is sustainable and inclusive by adopting policies best suited for steady operations. From huge industry potential to inexpensive electricity, the state has a well-developed infrastructure that nurtures entrepreneurship.”

Mr. Amit Sinha, Director, Information Technology Development Agency (ITDA), Government of Uttarakhand said, “The Government of Uttarakhand is going all out in its efforts to promote the IT sector in the State. We have a dedicated policy on Information and Communication Technology & Electronics Policy 2016-25 and have accorded ‘Industry’ status to the sector”. He further went on to describe the vast opportunities available for the Silicon Valley of India in Uttarakhand, including establishment of Electronics Manufacturing Cluster, Incubation Centre and rural BPOs among others. The State has come out with Uttarakhand Start-Up Policy- 2018 to attract Start-Up investments and to nurture students passing out of various technological Institutes. Additionally, Government of Uttarakhand has entered into a Memorandum of Understanding (MOU) with INVEST INDIA, the National implementing body of Startup-Ecosystem in India to build and develop a successful startup ecosystem in the State.

In order to attract investment into the various sectors of the state and thus contribute to the development of the economy as a whole, the Government of Uttarakhand has made several strides in matters of State policies. In addition to the State MSME Policy 2015 and Mega Industrial & Investment Policy 2015, dedicated sector policies have been drafted to boost the industrial climate and act as a facilitator of business. The Single Window Clearance System facilitates speedy clearances in all major sectors.

Uttarakhand is rich in natural resources, especially water and forests with many glaciers and dense forests, which makes it an ideal destination for adventure, leisure and wellness tourism. The state also has a vast potential in Naturopathy, Ayurveda, Yoga, Unani, Siddha and Homeopathy.

Uttarakhand has a well-established industrial base of long-standing and reputed business houses, with a large number of ancillary units in Udham Singh Nagar, Haridwar, etc. Major players have set up their units in Uttarakhand due to congenial business environment with their state-of-the-art operating practices being fed into the local production environment. The state offers a plethora of investment opportunities in the identified focus sectors, making it an ideal destination for thriving business.

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Friday 24 Aug 2018 03.15 PM
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