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PM Modi Inaugurates Uttarakhand Global Investors Summit 2023

Estimated reading time: 4 minutes

Prime Minister Shri Narendra Modi inaugurated the highly anticipated ‘Uttarakhand Global Investors Summit 2023’ at the Forest Research Institute in Dehradun. The event witnessed significant announcements, including the launch of the brand ‘House of Himalayas’ and the unveiling of the book ‘Sashakt Uttarakhand.’ Industry leaders expressed their views, highlighting Uttarakhand’s potential as a thriving investment hub.

Key Announcements:

  • Carbon-Neutral Port Operations: PM Modi shared the Adani Group’s commitment to achieving carbon neutrality in port operations by 2025 and Net Zero for Adani Ports and Special Economic Zone (APSEZ) by 2040.
  • Renewable Energy and Mangrove Plantations: Gautam Adani, Chairman of the Adani Group, proudly announced plans for the world’s largest green energy park in the Rann desert, generating 30GW of power. The conglomerate also emphasized expanding renewable energy manufacturing ecosystems and increasing mangrove plantations.
  • Global Recognition for India: PM Modi reiterated India’s global standing, showcasing the country’s resilience and success in areas like COVID-19 vaccine development and economic policies. He emphasized India’s capability to become the third-largest economy globally.
  • Investment Pledges: Industry leaders such as Pranav Adani, Sajjan Jindal, Sanjiv Puri, Baba Ramdev, Kalyan Chakrabarti, and R Dinesh announced substantial investments and projects in Uttarakhand across various sectors.

Industry Perspectives:

  • Adani Group’s Expansion Plans: Pranav Adani highlighted Uttarakhand’s appeal for private sector investments, acknowledging the state’s growth-friendly approach. He expressed plans to bring in more investment and jobs, thanking the Prime Minister for continuous support.
  • JSW’s Commitment: Sajjan Jindal praised PM Modi’s leadership and emphasized JSW’s commitment to investing approximately Rs 15,000 crores in Uttarakhand. He acknowledged the ‘Clean Kedarnath Project’ and applauded the government’s focus on improving connectivity to pilgrimage sites.
  • ITC’s Appreciation: Sanjiv Puri of ITC lauded the G20 Summit’s success and praised PM Modi’s global statesmanship. He commended India’s transformation in various sectors, highlighting the positive change in the global outlook towards the country.
  • Baba Ramdev’s Vision: Baba Ramdev referred to PM Modi as the visionary of ‘Viksit Bharat’ and pledged future investments of over Rs 10,000 crores, creating more than 10,000 jobs. He urged corporate houses to set up units in Uttarakhand and praised the state’s development across multiple sectors.
  • Emaar India’s Recognition: Kalyan Chakrabarti, CEO of Emaar India, acknowledged PM Modi’s foresight for the country’s development. He highlighted the positive change in global perception towards India and mentioned the new vibrancy in the India-UAE relationship.
  • TVS Supply Chain Solutions’ Plans: R Dinesh, Chairman of TVS Supply Chain Solutions, reiterated the company’s commitment to PM Modi’s visionary leadership. He outlined the organization’s plans to further invest in the manufacturing sector, creating over 7,000 jobs.

PM Modi’s Vision for Uttarakhand:

Addressing the gathering, PM Modi expressed his satisfaction at being in Devbhoomi Uttarakhand and recognized the successful rescue project at Silkiyara tunnel. He reiterated his close association with Uttarakhand, describing it as a state where divinity and development coexist.

PM Modi conducted a SWOT analysis on the nation, emphasizing the abundance of aspirations, hope, self-confidence, innovation, and opportunities. He underscored the benefits of a double-engine government and highlighted the unprecedented investments by the Government of India in Uttarakhand.

The Prime Minister showcased the state’s untapped potential and urged investors to explore and create opportunities, particularly in sectors like tourism, agriculture, and infrastructure. He encouraged a ‘Wed in India’ movement and envisioned Uttarakhand becoming a global wedding destination.

Towards a Greener Future:

PM Modi congratulated the Uttarakhand Government for launching the ‘House of Himalayas’ brand, promoting local products globally. He emphasized the importance of exploring global markets for local products and engaging with women’s self-help groups and farmer-producer organizations.

The Prime Minister urged investors to identify local products with global potential, contributing to the ‘Vocal for Local’ and ‘Local for Global’ initiatives. He commended the Lakhpati Didi Abhiyan and expressed his resolve to create two crore lakhpati did from rural regions, with the initiative gaining momentum through the House of Himalayas’ brand.

PM Modi highlighted India’s unprecedented time for growth and invited investors to participate in Uttarakhand’s development journey. He underlined the nation’s strengths, stability, and transformative policies, declaring it as India’s time. The Uttarakhand Global Investors Summit 2023 sets the stage for unlocking the state’s potential, showcasing it as a dynamic and promising investment destination.

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