Uttarakhand govt inks MoUs for Rs 2,600-crore investment

DEHRADUN: On the occasion of the curtain-raiser event of the Uttarakhand Global Investors Summit in Delhi on Thursday, the state government signed an MoU worth Rs 1,000 crore with Mahindra Holidays and Resort India Limited, marking the largest investment by the firm in any state of the country. The company will establish upto five resorts at different locations in the Himalayan state.

Furthermore, another MoU worth Rs 1,600 crore was signed with e-Kuber. In addition, ITC has proposed an investment of Rs 5,000 crore in the state. CM Pushkar Singh Dhami had set an investment target of Rs 2.5 lakh crore for the Investor Summit to be held in Dehradun in the second week of December. In addition to promotional efforts in various cities across the country, roadshows will be held in abroad as well.

The first international roadshow will take place in London from September 25 to 28 and will be attended by CM Dhami. This will be followed by roadshows in Singapore and Taiwan in the first week of October, similar roadshows are planned in Dubai and Abu Dhabi from October 16 to 20.

Stressing on the summit's tagline "Peace to Prosperity" Dhami said, "To strengthen Uttarakhand's economy, we have set a target to double the state's SGDP in the next five years."