Uttarakhand to offer ready solutions to attract potential solutions, says Shri Pushkar Singh Dhami at the PHDCCI’s 116th Annual Session

No. PR- 114

October 1, 2021

New Delhi

Uttarakhand to offer ready solutions to attract potential solutions, says Shri Pushkar Singh Dhami at the PHDCCI’s 116th Annual Session

Uttarakhand has been witnessing massive growth in the past few years and is once again opening its arms for potential investors to invest in the State, stated Hon’ble Chief Minister of Uttarakhand, Shri Pushkar Singh Dhami. He was speaking at the virtual session organized in the 116th Annual Session of the PHD Chamber of Commerce and Industry titled “Is India 1 Nation or 30 States in Sustainability, Agriculture, Food Processing, Manufacturing and Exports?”

He stated that the road connectivity is all set to improve with Delhi – Dehradun connectivity cutting short to just two hours in the near future. He also explained that their Government is also in talks with the Union Railway Ministry to improve railway transportation in the State.

Welcoming the industry representatives in the State, the Hon’ble Minister promised to hold deliberations with them at least once a month. The Government of Uttarakhand has been continuously working to facilitate the industries and businesses in the States through effective policies, infrastructure connectivity, among others, he said.

Hon’ble Minister appreciated and congratulated PHD Chamber for playing an important role in taking industry and trade ahead. Shri Sanjay Aggarwal, President, PHD Chamber, in his welcome address, said that the States of Indian economy have a prominent role to play in India’s economic and socio growth story. The economic growth of a country has to follow decentralised planning and it should be in-scripted at the development of grass root level, he said. He highlighted that each State is progressing on various fronts be it skilling, socio-economic, financial, entrepreneurship or innovation. Further proactive policy reforms and flexible norms could drive the States on a higher growth trajectory, going ahead.

Shri Gautam Bali, Managing Director, Vestige Marketing Pvt. Ltd., said that in today’s global economy, any development in one corner has an impact on the other. He highlighted about the opportunity in front of India to become the supply chain hub of Indo-pacific region. India is poised to become a US$ 5 trillion economy by 2026 and a US$ 10 trillion economy by 2032-33. He opined that combined and cooperative efforts of the Central and State are crucial to enhance economic growth. He suggested that the focus should be on developing central feedback mechanism, boosting exports, adopting global best practices, investing in technology, among others.

Shri Sanjiv Puri, CMD, ITC Ltd. said that India is a diverse country in terms of natural endowments, location, access, size and culture. This multifaceted diversification creates unique opportunities for each State. He emphasized on the importance of the agriculture value chains as immense population depends on this sector. In this regard, he suggested to focus on climate smart agriculture, promoting food processing at a larger scale, among others.

Shri. Alok Kirloskar, Director, Kirloskar Brothers Limited & MD, SPP Pumps Ltd., said that the significant amount of progress has been witnessed in the areas of logistics, infrastructure, power, among others. He opined that there is a need to focus on the climate change aspect, attracting middle sized companies, enhancing plug-n-play infrastructure, facilitating intellectual property (IP) registrations, among others.

Shri Manish Bhatnagar, Managing Director, SKF India Limited, said that to achieve a US$ 5 trillion economy size, there is a requirement of development in the entire country and not just a few States. He mentioned that focus is required on capitalizing the growth momentum in manufacturing sector, enhancing healthcare industry, and identifying sectors of promising growth, going ahead

Shri Pradeep Multani, Senior Vice President, PHD Chamber, extended his gratitude to esteemed guests, delegates, PHD Chamber Managing Committee Members, media and sponsors. He concluded the session by highlighting that the success in each State reaps a multiplier effect towards the national development in a holistic way. He emphasized on the need of sharing the best practices and capacity development among the States to amplify ease of doing business and accelerate the overall economic momentum.

The 116th Annual Session of PHD Chamber of Commerce & Industry is supported by Vestige | Konard Adenauer Stifung | DCM Shriram | JK Tyre | Paramount Cables | Radico | Marble City | KVS Premier | Uflex | Apeejay Stya | Blossom Kochhar | Bry-Air | Jaipuria Institute of Management | The Malt Company | MV Cotspin Limited | Eaks Auto | Hindustan Tin Works | Sage Middle East to India | Victor Agencies | Sahai Group of Companies | Speciality Merchandising Services.



Media Division

PHD Chamber of Commerce and Industry