Uttarakhand Summit 2023: 10 MoUs with Netherlands Companies

The Uttarakhand Global Investors Summit 2023, held on December 8 and 9, was a landmark event for the state, which aimed to establish itself as a new investment destination with the theme ‘Peace to Prosperity’. The summit was inaugurated by Prime Minister Narendra Modi and addressed by Union Home Minister Amit Shah in the presence of Chief Minister Pushkar Singh Dhami and other dignitaries.

Netherlands Delegation

One of the highlights of the summit was the participation of a delegation from the Netherlands, led by Dr. Vikas Chaturvedi, CEO of Valuecent Group, Founder Chairman of ICAI Netherlands, and Chairman of India-Dutch Financial Corridor (IDFC). Dr. Chaturvedi said: “I am convinced our team was able to present how The Netherlands can be a great partner for Uttarakhand in many sectors.” The delegation included representatives from various sectors such as aviation, smart mobility, infrastructure, water, food and agri, sports and tourism.

10 MoUs Signed

During the summit, a series of Memorandums of Understanding (MoUs) were inked between the Government of Uttarakhand and Netherlands companies in the presence of Chief Minister Dhami. These MoUs covered diverse sectors and aimed to foster collaboration, innovation and development in the state. Some of the MoUs signed were:

  • Kiremko India (Food Processing Technology) signed an MoU for knowledge sharing and suggesting ways to the farmers for growing seeds.
  • Living Peace Projects signed an MoU with the state to revitalize two of the key rivers i.e. Bindal and Rispana, which have turned into two big drains.
  • Nauvata Energy Transition signed an MoU for Plastic Circularity- Chemical Recycling of single-use plastics and multilayer plastics to produce purified pyrolysis oil that can be used as a Cracker feed in the Refinery or for Bitumen blending in road construction.
  • Ridder NL (Climate Automation & Fertigation Solutions for precision Agriculture under controlled climate conditions & Inside High-tech greenhouse for profitable horticulture) signed an MoU with respect to Innovation and Horticulture Solutions.

The MoUs signed during the summit marked a significant step towards channeling investments into the heart of India. The scenic state of Uttarakhand, with its untapped potential and strategic location, has become a focal point for international investors seeking growth opportunities. The partnership between Uttarakhand and Netherlands is expected to bring mutual benefits and prosperity for both sides.

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