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Uttarakhand Investors Summit 2018: PM Narendra Modi says India to become primary engine of world growth

Uttarakhand Investors Summit 2018: Prime Minister Narendra Modi inaugurated the Uttarakhand Investors Summit 2018 on Sunday morning – an event from which the state eyes an investment of around Rs 20,000 crore in sectors including food processing, horticulture and floriculture, tourism and hospitality among others

Uttarakhand Investors Summit 2018: PM Narendra Modi says India to become primary engine of world growth
Trivendra Singh Rawat said that his government is providing incentives to investors and have a single window clearance, which clears proposals within 15 days. (Source: PTI)

Uttarakhand Investors Summit 2018: Prime Minister Narendra Modi inaugurated the Uttarakhand Investors Summit 2018 on Sunday morning – an event from which the state eyes an investment of around Rs 20,000 crore in sectors including food processing, horticulture and floriculture, tourism and hospitality among others. Speaking to media a day before the event, state chief minister Trivendra Singh Rawat said that his government is providing incentives to investors and have a single window clearance, which clears proposals within 15 days.

The state had also organised a roadshow in five cities including Bangalore, Hyderabad, Ahmedabad, Mumbai and Delhi to attract investment in the state, in association with Confederation of Indian Industry (CII). The 12 focus sectors of the state include, food processing, horticulture and floriculture, herbal and aromatic, tourism and hospitality, wellness and AYUSH, pharmaceuticals, automobiles, natural fibres, information and technology, renewable energy, biotechnology and film shooting.

Live Blog

Uttarakhand Investors Summit 2018 LIVE Updates here –

13:50 (IST)07 Oct 2018
PM Modi wishes luck to Uttarakhand

Prime Minister Narendra Modi wished luck to the state for the Investors Summit and concluded his speech.

13:44 (IST)07 Oct 2018
‘Healthy competition between states’

PM Modi says it is good to see that all the states are trying to outperform each other in various fields. He added that some of the Indian states have more potential than many countries in the world. He said all these states need to realise their potential.

13:41 (IST)07 Oct 2018
PM Modi on various schemes

Prime Minister says Housing for All, Power for All, Clean Fuel for All, Health for All, Banking for All and other schemes by the government are helping it reach the target.

13:34 (IST)07 Oct 2018
PM says India’s tax system improved

PM Modi said his government has improved the tax system in the country and is trying to make it more swift and transparent. “Doing business has become easier due to Insolvency & Bankruptcy Code. The banking system has also got strengthened,” he added.

13:32 (IST)07 Oct 2018
PM Modi on Ease of Doing Business

The prime minister says that in the last two years, Centre and state governments have taken more than 10,000 steps which have helped India gain more than 42 points in Ease of Business. He added that the country will become primary engine of world growth.

13:28 (IST)07 Oct 2018
PM Modi talks about Ayushmaan Bharat

PM Modi said Ayushmaan Bharat will help in building hospitals in tier II and tier III cities. The prime minister added that it will also help in improving the infrastructure of medical schools.

13:25 (IST)07 Oct 2018
PM Modi on infrastructure sector

Prime Minister Narendra Modi says that in the last one year, India’s infrastructure has grown. He said the government is working for the modernisation of 400 railway stations.

13:20 (IST)07 Oct 2018
PM Modi speaking at the event

Prime Minister Narendra Modi is now speaking at Uttarakhand Investors Summit. He has welcomed everyone present at the event.

12:39 (IST)07 Oct 2018
Kenji Hiramatsu, Japanese Ambassador at Summit

“Japan and Uttarakhand have a strong relationship; we have been financing forest resource management since 2014 and will continue to support environmental preservation in Uttarakhand.” – Kenji Hiramatsu, Japanese Ambassador to India.

12:24 (IST)07 Oct 2018
Czech Republic & Japan partners for Summit

Czech Republic & Japan are partner countries for 1st Destination Uttarakhand summit. Both the countries are represented by their Hon’ble Ambassadors, Mr Milan Hovorka & Mr Kenji Hiramatsu respectively.

12:07 (IST)07 Oct 2018
PM Modi inaugurates summit

PM Narendra Modi has inaugurated the Uttarakhand Investors Summit in Dehradun.

11:54 (IST)07 Oct 2018
Visuals from Dehradun

PM Modi has reached the venue for the summit – 

11:43 (IST)07 Oct 2018
PM Modi reaches Dehradun

Prime Minister Narendra Modi has reached Dehradun for Uttarakhand Investors Summit. He is accompanied by Chief Minister Trivendra Singh Rawat.

11:10 (IST)07 Oct 2018
Uttarakhand government to meet film fraternity

The Uttarakhand government delegation will meet the film fraternity to apprise them of the several incentives including 50 per cent discount on rest houses, tax concessions for films with more than 50 per cent or more outdoor shooting among others.

10:24 (IST)07 Oct 2018
What Trivendra Singh Rawat said

“Tourism is a major driver of economic growth and livelihood promotion in our state, with services sector contributing over 34 per cent to the total gross state domestic product (GSDP) in the year 2015-16. We are very serious about developing this, and recently gave it industry status to help investors avail incentives under Micro, Small and Medium Enterprises (MSME) and mega industrial policy.”

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First published on: 07-10-2018 at 10:20 IST