Uttarakhand Investors’ Summit To Attract Rs 20,000 Crores

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Dehra Dun : Chief minister Trivendra Singh Rawat said that going by the response to his road shows across the country and his meeting with Bollywood bigwigs in Mumbai, the investors’ summit scheduled later next month in Uttarakhand could attract an investment of Rs 20,000 crores.

“The interest that one could see visibly amongst the entrepreneurs across the country and the film fraternity to invest in this state, indicate that investment could go beyond this amount. But since we do not want to part with agricultural land we are looking to a realistic amount”, he added.

He said that while the Ambanis have expressed interest in investing in the state, film producers are keen to shoot in the picturesque locales that Uttarakhand has to offer, as they have been given a no tax offer by the state government.
Promising all support to entrepreneurs in the state, Rawat said that investors should make the most of the state’s ease of doing business, proximity to the national capital, cheap availability of quality power, single window clearance system and prevailing law and order situation.

“We are approaching industrialists with detailed reports on business opportunities in the 12 focus sectors that we have projected ranging from tourism to renewable energy. These reports will be provided tom them so that they can take the final call”, he said that.

The chief minister claimed that clearances would be made available in record time and efforts were not only to attract industrialists to invest in the state, but also to open up more avenues for the local people, which in turn would help to curb migration.

A journalist with over 40 years of experience, Jagdish Bhatt is Editor Hill Post (Uttarakhand). Jagdish has worked with India's leading English dailies, which include Times of India, Indian Express, Pioneer and several other reputed publications. A highly acclaimed journalist, Jagdish is a recipient of many awards, latest being the 2011 Development Journalism Award. He lives in Dehra Dun.

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