Investors meet CM Rawat meets businessmen at Bengaluru road show today

  • | Tuesday | 21st August, 2018

These policies provide a roadmap to boost the industrial climate and act as a facilitator of commerce for the business community. Given the city’s expertise in the IT sector, Uttarakhand has a lot to offer to the business community of Karnataka. The CM’s outreach meeting was part of the promotional tour to invite businessmen to attend the two-day ‘Destination Uttarakhand: Investors Summit’ commencing October 7.The Uttarakhand government is scheduled to take out a road show in Bengaluru on Wednesday. From food processing to IT, the state provides subsidies on equipment’s for setting up industries. It will be the first road show in the promotional series and will be followed by similar road shows in different cities including Mumbai, Hyderabad, Delhi and Lucknow.

Dehradun: Chief minister Trivendra Singh Rawat on Tuesday met with several business houses in Karnataka and informed them about the advantages of investing in the Himalayan state and the facilities being provided by the government. The CM’s outreach meeting was part of the promotional tour to invite businessmen to attend the two-day ‘Destination Uttarakhand: Investors Summit’ commencing October 7.The Uttarakhand government is scheduled to take out a road show in Bengaluru on Wednesday. It will be the first road show in the promotional series and will be followed by similar road shows in different cities including Mumbai, Hyderabad, Delhi and Lucknow. The maiden investor summit to be held in Dehradun will be inaugurated by PM Modi.The businessmen with whom Rawat met included Vikram Kirloskar, Ravi Raghavan, Siddharth Mehta, Chandru Kalro, T T Jagannathan, K Shankaran, Arun Aggarwal, Anand Padmanabhan and Venkatesh.In the meeting at Bengaluru, Rawat said that the key agenda of the roadshow is to share the investment opportunities in Uttarakhand and to seek active participation for the ‘Destination Uttarakhand-Investors Summit 2018’. “During the roadshow, a delegation from Uttarakhand government will highlight investment opportunities in 12 focus sectors of the state, which include food processing, horticulture, herbal; aromatic, tourism; hospitality, wellness; ayush, pharmaceuticals, automobiles, sericulture; natural fibers, it, renewable energy, biotechnology and film shooting.Sharing details, the CM said, “We met senior representatives from the business community in Bengaluru and explored various collaboration opportunities. Given the city’s expertise in the IT sector, Uttarakhand has a lot to offer to the business community of Karnataka. Our vision is to establish the state as a business destination that is sustainable and inclusive by adopting policies best suited for steady operations. We aim to seek participation of the Karnataka business community for the investors summit.”The CM further added, “To attract investment in the identified focus sectors, we have drafted various policies that facilitates ease of doing business in the state. These policies provide a roadmap to boost the industrial climate and act as a facilitator of commerce for the business community. The MSME Policy 2015 allows interest subsidies and rebates for all sectors. There are rebates that allow entrepreneurial growth in the state. The Mega Industrial and Investment Policy 2015 allows subsidies on equipment’s utilized in all sectors. From food processing to IT, the state provides subsidies on equipment’s for setting up industries. Single-window Clearance System facilitates a fast and easy clearance system in all major sectors.”

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