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With Investors Summit, a new era begins for investment in state: Chief Minister

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· Chief Minister releases nine different policies
· So far, investment proposals of Rs 74,000 crores received, whereas MoU worth Rs 60,000 crores signed
Dehradun: Chief Minister Mr. Trivendra Singh Rawat released nine policies prepared by various departments to encourage investment in the state at a programme organized at Media Center, Secretariat on Friday. These include, Mega Industrial Investment & Employment Promotion Policy 2018, Uttarakhand Solar Energy Policy, Uttarakhand Ayush Policy 2018, Biotechnology Policy 2018-23, Power Generation from Pirul and other types of Biomass Policy-2018, Uttarakhand Aroma Policy 2018, for establishment of Optical Fiber and Mobile Tower Guidelines Policy, Uttarakhand Electric Vehicle Manufacturing E.V. Usage Promotion and Related Services Infrastructure Policy 2018 and Uttarakhand Tourism Policy 2018.
On this occasion, Chief Minister said that for the Investors Summit in Dehradun on 7th and 8th October, road shows were organized at various major places in the country.


During these road shows, many important suggestions from the leading industrialists and industrial organizations were received. Also, the policies for investment in other states were studied in-depth. New policies were formulated while identifying various potential areas for encouraging investment in Uttarakhand. Among these, the suggestions received from entrepreneurs have also been included.

Chief Minister said that comprehensive homework has been done for the Investors Summit. All necessary provisions have been made to promote the investment. A cabinet meeting has been held 5 times in a month. Though, usually cabinet meeting is held twice in a month.


Chief Minister said that initially there was estimate of MoU of Rs 40,000 crores. But through the contact established with the entrepreneurs from road shows organised at different places, we have very positive response. The result of this is that till now, investment proposals worth Rs 74,000 crore in the state have been received, whereas MoU to the tune of Rs 60,000 crore have been signed.

Chief Minister said that “Uttarakhand Destination: Investors Summit 2018” will be the beginning of a new era from the investment point of view in the state. The development of hill areas is the priority of the state government. Investments in solar energy, food processing, herbal, organic, Ayush and tourism will benefit the people of hill areas mainly.


Entrepreneurs have shown great interest in these areas. Local people will be given priority projects upto 5 MW in Solar Power Policy. Power Generation from Pirul and other types of Biomass Policy-2018 will be important for the livelihood of the people of hill areas.

Chief Minister said that we have enough land for the establishment of industrial units. Some other areas have also been selected. In the hill districts, already small industrial estates are established. The district officials have been asked to select more land. Chief Minister said that there is a lot of work going on in the state on the All Weather Road and rail connectivity. Highway connectivity is also getting increased. Response time has reduced in opening the roads during the rains.

On this occasion, Chief Minister’s Industrial Advisor Mr. K. S. Panwar, Additional Chief Secretary Dr. Ranveer Singh, Principal Secretary Shmt. Manisha Panwar, Secretary Mr. Amit Negi, Mr. R.K. Sudhanshu, Mr. Dilip Jawalkar, Mr. Arvind Hayanki etc. were present.