Investors summit effect-391 projects worth over Rs 17000 crore brought on ground
Two day ‘Uttarakhand Industrial Summit- 2019’ to be held on September 27 and 28 at Haridwar.
From Rs 124000 Crore worth Memorandum of Understanding (MoU) reached between state government and entrepreneurs during last year’s Investors Summit, 391 projects worth Rs 17246 Crore so far have reached grounding (execution) level. The chief minister Trivendra Singh Rawat told media persons at state secretariat here on Tuesday that strict follow up measures were taken up by the state government on the MoUs signed during the Investors summit organised in Dehradun on October 7 and 8, 2018. Appreciating the efforts to bring the projects on ground, the CM said that about 47000 people would get jobs in these projects once they become operational. He said that the state government in association with the Confederation of Indian Industry (CII) would organise a two day ‘Uttarakhand Industrial Summit- 2019’ on September 27 and 28 at Haridwar. The CM informed that the entrepreneurs who entered into the MoUs during last year’s summit would also be invited in the Industrial summit in Haridwar and deliberations on bringing more projects on ground would be held. He added that during the event, the entrepreneurs who have done grounding of their projects would be felicitated. In the inaugural session, a conference on Future of Manufacturing would be held. Similarly sessions on sustainable packaging and waste management, smart manufacturing and green manufacturing would be held.
An exhibition would also be held during the summit in which 45 exhibitors from Uttarakhand, Maharashtra, Delhi NCR, Karnataka, Haryana, Odisha and Chandigarh would take part.
A vendor development programme would be organised on second and concluding day of the summit.
The principal secretary, Industries and Micro Small Medium Enterprises (MSME), Manisha Panwar said that grounding of projects was decided on five factors of purchase or lease of land, receipts of required approvals, and award of tenders after expression of interests, start of construction work and order for purchase of machinery. She clarified that any project is considered on the list of grounding if any one of the above mentioned five parameters is fulfilled. In response to a question, she said the grounding of projects indicate that recession has not affected the investment and industrial environment in Uttarakhand. Prominent industrialist Neeraj Munjal said that the summit would focus on knowledge sharing and the local industry would get immensely benefited from it.
The cabinet minister Harak Singh Rawat, officers of department of industries and CII were also present on the occasion.
Wednesday, 25 September 2019 | PNS | Dehradun
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