Uttarakhand government signs MoUs worth Rs 5450 cr with industrial bodies in Dubai

Several MoUs, worth Rs 5,450 crore, were signed between the government of Uttarakhand and various industrial groups in Dubai in the presence of Uttarakhand chief minister Pushkar Singh Dhami. The industrial groups that are part of the agreement belong to tourism, education, infrastructure and real estate sectors.

So far, MoUs worth Rs 2,000 crore by Sir Biotech and Hyatt India, Rs 950 crore by Carmilla Nutrition Technology Group for pharma production, Rs 800 crore by GTC Group and Flow Conglomerate Group for investment in real estate, infra and tourism sectors have been singned. An MoU of Rs 500 crore and Rs 700 crore for manufacturing sector with Exley Group and investment an MoU of Rs 500 crore with Sharaf Logistics have been signed. Secretary, industries, Vinay Shankar Pandey signed the MoUs on behalf of the state government. CM Dhami invited all the industrial houses to the Uttarakhand Global Investor Summit 2023, to be held in Dehradun on December 8 and 9.