Discusses investment opportunities in UT Ladakh
STATE TIMES NEWS
NEW DELHI: A delegation comprising members of the People of India Chamber of Commerce and Industry (PIOCCI) led by its Secretary General, Kirti Sharma and Lalit Mahajan, called on the Lieutenant Governor of Ladakh, Kavinder Gupta, in New Delhi to discuss foreign investments and boosting economic development in the Union Territory.
The meeting aimed to explore collaborative opportunities for promoting foreign investments across diverse sectors in Ladakh.
The PIOCCI delegation highlighted PIOCCI’s success in facilitating business ties and project collaborations with overseas Indians across sectors, such as technology, agriculture, education, healthcare, tourism, and green energy.
They also informed the LG about PIOCCI’s plan to soon organise a Global Investment Summit exclusively focused on Ladakh.
The LG highlighted Ladakh’s immense investment potential. He specifically mentioned key areas, including eco-tourism & sustainable Hospitality, renewable energy (leveraging high solar irradiance), agro-based industries (organic farming, medicinal herbs), handicrafts & cultural exports, and education & skill development.
The LG highlighted the region’s strategic importance and assured potential investors that the Government of India is dedicated to creating a favourable business environment through attractive incentives, ease of doing business, infrastructure development, and policy stability.
The LG expressed full support for initiatives that bring socio-economic transformation to Ladakh. He encouraged the diaspora and Indian industrialists to view Ladakh as ‘an emerging hub of sustainable innovation and strategic investment,’ with a vision to make it ‘a model of inclusive, eco-sensitive, and high-impact development.’ He also invited entrepreneurs, global investors and the Indian diaspora to explore investment avenues in Ladakh.
