MOU signed in London with POMA company for investment of Rs. 2000 crores in Uttarakhand.

While the Uttarakhand Global Investors Summit is in progress in Buckingham in London at Hotel Taj with the entire prestigious event being held under the leadership of Uttarakhand chief minister Pushkar Singh Dhami, a good start was made today in the presence of the latter when a company of Britain namely POMA group has signed a MOU with the government of Uttarakhand in CM ‘s presence to provide technical support in the installation of ropeways in Uttarakhand worth Rs 2000. This first signing of MOU is being considered as a healthy step in generating fund for Uttarakhand with regard to the Uttarakhand Global Summit that will take place in the month of December in the Himalayan State. Today Pushkar Singh Dhami participated in the UIGS in London in which about one hundred leading Industrialists, corporate honchos and eminent personalities participated. The chief minister met several leading chiefs and owners of the top business houses of Indian origin working and settled there and those of British origin including Industrialists of Britain. He interacted with them to find potential possibilities of foreign investment in Uttarakhand and acknowledged quite an encouraging response. The memorandum of understanding was signed by the Industrial secretary of Uttarakhand Vinay Shankar Pandey with POMA company. The chief minister also extended personal and state government’s invitation to a the investors requesting to attend the Uttarakhand Investors Global Summit in the Himalayan state. According to chief minister Pushkar Singh Dhami there are unlimited scope and possibilities for ecotourism industry in Ukhand in view of its geographical conditions. POMA group has earned name and fame in terms of its technological expertise in Ropeway industry having already played vital role in providing its services in Auli Ropeways, Joshimath. In addition to this the POMA Ropeways are also providing technical support to Dehradun Mussoorie Ropeways and, Yamunotri Ropeways project. According to the chief minister the POMA company, after their contributions in the above areas have expressed its desire to work in Haridwar, and other religious destinations of Uttarakhand in various future ropeway projects providing their services of technical excellence. The chief minister was very clear that he is focussing on environment safety and development centric projects and Ropeways are one of the best projects in Uttarakhand as it not only lead to good earning but also provide employment opportunities. Addressing the investors in London chief minister Dhami said that London is a great opportunity centre for service sector , therefore Influential n big investors are working here in the fields of tourism, information technology and health care. Being a hilly region Uttarakhand’s agricultural climate is quite differently from other states . In today’s world from Europe to countries of other parts of the globe there is tremendous demand of organic food/ products. He expressed the optimism that due to the ongoing summit and demands Uttarakhand will be able to ensure that its organic products are more efficiently exported to various countries of the globe. The chief minister also spoke on the extreme possibilities of pharmaceutical industries prospering in Uttarakhand urging the investors to invest in pharma industries. He said that there are 3 pharma clusters in Uttarakhand in which more than 300 industries are functioning. In addition Uttarakhand’s real estate business also opens avenues for infrastructural development and expansion including commercial establishment. He added that Lanchester and London are the best examples of prospering pharma and real estate businesses. Chief minister Dhami while appealing the investors to come to Uttarakhand to provide infrastructural and developmental contribution by way of quality construction, renovation and innovation he said that Uttarakhand is coming out with two modern townships in which the investors dealing in construction, real estate can play a very vital role. He said the foreign investors contribution will not only lead to the state’s development, industrial and infrastructural including in other vital areas, they will also be benefitted from the multi dimensional point of view.