Global Investors Summit 2023: In a significant move to boost investment in Uttarakhand, Prime Minister Narendra Modi inaugurated the Uttarakhand Global Investors Summit 2023 at the Forest Research Institute. The two-day summit aims to position the hill state as a prominent investment destination, with a focus on signing MoUs valued at ₹3 lakh crore. Additionally, the launch of the House of Himalayas brand seeks to promote local products and enhance the income of self-help groups.
Promoting Investment in Uttarakhand
The Uttarakhand Global Investors Summit 2023, a long-anticipated event, has attracted over a thousand investors and delegates from India and abroad. The primary objective is to showcase Uttarakhand’s potential as a lucrative investment hub, fostering economic growth and development.
House of Himalayas Brand Launch
As part of the summit’s initiatives, Prime Minister Modi unveiled the House of Himalayas brand. This strategic move is geared towards promoting locally sourced products and empowering self-help groups, contributing to the economic upliftment of the region.
Exceeding Investment Targets
The initial goal was to secure MoUs worth ₹2.5 lakh crore during the summit, but the response has been overwhelmingly positive. The accumulated commitments have surpassed expectations, reaching approximately ₹3 lakh crore. The success can be attributed to extensive roadshows held in India’s metro cities, as well as international locations like London, Birmingham, Dubai, and Abu Dhabi in preparation for the summit.
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