PM inaugurates ‘Uttarakhand Global Investors Summit 2023’

Dehradun:8/2/23:The Prime Minister, Shri Narendra Modi inaugurated ‘Uttarakhand Global Investors Summit 2023’ being held at Forest Research Institute, Dehradun, Uttarakhand today. Shri Modi also took a walkthrough of the exhibition and unveiled the Ground Breaking Wall. Prime Minister Modi also launched a book Sashakt Uttarakhand and the brand House of Himalayas. The theme of the Summit is ‘Peace to Prosperity’.

Industry leaders also expressed their views on the occasion. Shri Pranav Adani, Director Adani Group and  Managing Director (Agro, Oil & Gas) said that Uttarakhand has become one the most attractive destinations for private sector investment because of the state’s approach to its growth and development in recent times with an unbeatable combination of single-point clearances, competitive land prices, affordable power and efficient distribution, highly skilled manpower and proximity to the national capital and a very stable law and order environment. Shri Adani elaborated on his plans to expand in the state and bring in more investment and jobs.  He thanked the Prime Minister for his constant backing of the state of Uttarakhand and said that the people of India have reposed unprecedented confidence and trust in him.

Shri Sajjan Jindal, Chairman and Managing Director of JSW highlighted the Prime Minister’s connections with the state of Uttarakhand which Shri Jinal experienced during the development projects of Kedarnath and Badrinath. He praised the efforts of the Prime Minister for changing the face of the nation and mentioned the parameters of GDP growth and India soon to become the 3rd largest economy in the world.

Shri Sanjiv Puri, Managing director of ITC, recalling the success of the G20 Summit, praised the Prime Minister’s global statesmanship and his advocacy for the cause of the Global South. He said that a slew of purposeful policy initiatives in the last few years has placed India favourably in a world faced with multi-dimensional challenges. Transformation of many sectors in the economy and GDP numbers speak for themselves, he said. The leadership has created a situation where globally, this decade and, some are saying, the century belongs to India.

Founder of Patanjali and Yoga Guru Shri Baba Ramdev referred to the Prime Minister as the visionary of ‘Viksit Bharat’ and a family member of the 140 crore citizens of India as well as the world. He highlighted the Prime Minister’s goal of achieving a 5 trillion dollar economy and mentioned the contributions of Patanjali in bringing in investments and creating employment opportunities.

Shri Kalyan Chakrabarti, CEO of Emaar India thanked the Prime Minister for providing direction, vision and foresight for the development of the country. He conveyed the corporate world’s commitment to be a partner in the journey of India becoming a Viksit Rashtra. He also pointed out new vibrancy in the India-UAE relationship. Emaar’s headquarters is in the UAE. Shri Kalyan Chakrabarti also highlighted the positive change that has come in the global outlook towards India. He mentioned several policy reforms like GST and the fintech revolution that are creating new opportunities for the industrial world.

Shri R Dinesh, Chairman of TVS Supply Chain Solutions reiterated the company’s commitment to the visionary leadership of the Prime Minister. He mentioned the contributions of the organization in Uttarakhand’s growth story and gave examples of manufacturing units of tyre and auto components, and services in the logistics and auto sector.

Addressing the gathering, the Prime Minister expressed his happiness for being in Devbhoomi Uttarakhand and remembered his utterance about the third decade of the century being the decade of Uttrakhand.  Shri Modi said that it is a matter of satisfaction that the statement is being realized on the ground. The Prime Minister complimented the state government and all those involved in the successful rescue project of workers from the tunnel at Silkiyara.

Reiterating his close association with Uttrakhand, the Prime Minister said that Uttrakhand is a state where one feels divinity and development simultaneously. The Prime Minister recited one of his poems to further elaborate the feeling.

The Prime Minister said that a strong wind of change is blowing in India. An aspirational India has been created in the last 10 years.  A large chunk of the previously deprived population is being connected to schemes and opportunities. Crores of people who have come out of poverty are giving new momentum to the economy. Both neo middle class and Middle class are spending more “We have to understand the potential of India’s middle class. This power of society in Uttarakhand is also creating a huge market for you”, Shri Modi added.

Referring to his clarion call from the Red Fort about strengthening the National Character, the Prime Minister exhorted everyone, “Whatever we do, it should be the best in the world. Our standards should be followed by the world. Our manufacturing should be on the principle of zero impact, zero defect. We now have to focus on how to increase export-oriented manufacturing.” He said ambitious PLI campaigns display a resolution of creating an ecosystem for critical sectors. He emphasized the need for strengthening local supply chains and MSMEs by new investment.

Concluding the address, the Prime Minister remarked that the present is an unprecedented time for India, its companies and its investors. “India is going to become the third largest economy in the world in the next few years”, he stated as he credited the combination of stable government, a supportive policy system, mentality of reform and transform and confidence in development. “This is the time, the right time. This is India’s time”, the Prime Minister said as he appealed to the investors to walk with Uttarakhand and participate in its development journey.

Governor of Uttarakhand, Retd. Lt. Gen Gurmit Singh, and Chief Minister of Uttarakhand, Shri Pushkar Singh Dhami were present on the occasion among others.

Background

‘Uttarakhand Global Investors Summit 2023’ is a step towards establishing Uttarakhand as a new investment destination. The two-day summit is being held on 8th and 9th December, 2023 with the theme –  “Peace to Prosperity”.

Thousands of investors and delegates will attend the summit from across the world. It will witness the participation of Union Ministers, Ambassadors of various countries along with leading industrialists, among others.