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U’khand emerging as leading investment hub: Dhami

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CM participates in PHDCCI’s annual session in New Delhi

Garhwal Post Bureau

New Delhi, 9 Oct: Chief Minister Pushkar Singh Dhami participated in the Annual Session of the PHD Chamber of Commerce & Industry (PHDCCI) here today. Addressing the 120th Annual Session of PHDCCI, Dhami claimed that Uttarakhand is rapidly emerging as the country’s leading destination for investment and industrial growth. He asserted that the state’s proactive policies and conducive business environment have made it one of the most promising regions for entrepreneurs and investors.

Reminding the gathering of the ‘success’ of the Global Investors’ Summit held in Dehradun, Dhami stated that investment agreements worth Rs 3.56 lakh crores were signed, out of which projects worth nearly Rs 1 lakh crore have already begun materialising on the ground. The CM credited this achievement to the state’s investor-friendly approach, noting that Uttarakhand provides a robust Single Window System (SWS) and more than 30 dedicated policies to encourage investment. The CM also shared that new industrial parks and townships are being developed in Kashipur, Sitarganj, Pantnagar, and Rudrapur to strengthen the manufacturing ecosystem. He also reminded that Uttarakhand has been recognised as an ‘Achiever’ in the Ease of Doing Business rankings and a ‘Leader’ in the Startup Index.

Dhami said that his government’s aim is to establish Uttarakhand as the most ‘Investment Friendly State’ in India. To nurture emerging entrepreneurs, the state has established U-Hub and launched a Rs 200 crore Venture Fund to support startups. He also shared details regarding various infrastructural and policy initiatives undertaken by his government, including the development of a Smart Industrial Township over 1,000 acres in Kichha and the establishment of ‘Plug and Play’ factories in Rudrapur, Selaqui, and Haridwar by SIDCUL for MSMEs. He also listed upcoming projects such as an Aroma Park in Kashipur, a Plastic Park in Sitarganj, an Electronics Manufacturing Cluster in Kashipur, and a Multi-Modal Logistic Park in Pantnagar.

The CM said that the government has introduced a Mega Industrial Policy to attract large-scale industries and simplified clearances through over 30 sectoral policies including the MSME Policy. An investment promotion agency named UK-SPICES has also been created to assist investors through the “Nivesh Mitra” facility. To promote local products, the ‘House of Himalayas’ initiative is successfully unifying the state’s organic and traditional goods under a single brand. Geographical Indication (GI) tagging is also being used to ensure global recognition for products made by Women Self-Help Groups.

On this occasion, Dhami also lauded the PHD Chamber for its 120 years of outstanding contribution to India’s economic development and enterprise promotion. He credited Prime Minister Narendra Modi’s visionary leadership for creating a strong foundation of ‘Reform, Perform, and Transform’, which has significantly boosted investor confidence. The CM pointed out that India has become the world’s third-largest startup ecosystem, propelled by initiatives such as Startup India, Make in India, and Digital India, which have made UPI a universal payment tool even for small traders.

Dhami remarked that even UK Prime Minister Keir Starmer has acknowledged India’s trajectory towards becoming the world’s third-largest economy by 2028 and its emergence as the most reliable global investment destination.

Those present at the session included PHDCCI President Hemant Jain, Vice Presidents Anil Gupta and Rajeev Juneja, former President Sanjeev Agarwal, UCOST Director General Durgesh Pant, and several prominent representatives from the industrial and business community.