Investment Opportunities Showcased: Global Investors Gather to Highlight Himachal's Investment Prospects
The Rising Himachal Global Investors' Meet 2019, held in Dharamshala from November 7-8, 2019, showcased key investment opportunities in sectors such as IT/ITeS, electronics system design & manufacturing (ESDM), electric vehicles, tourism, pharmaceuticals, and agro-based industries. The event aimed to attract investments aligned with the Himachal Pradesh Industrial Investment Policy and sectoral policies promoting technology and green energy.
Himachal Pradesh positioned itself as an emerging hub for information technology and related services, offering incentives under its 2019 IT/ITeS policy. The state also promoted electronics manufacturing and design to boost local industry and employment. The Electric Vehicle Policy launched in 2022, also highlighted at this event, encourages investments in EV manufacturing and infrastructure.
Leveraging its scenic landscapes, Himachal Pradesh targeted eco-tourism and adventure tourism expansion. The pharmaceuticals and agro-based industries sectors were key to the state's industrial growth plans, emphasizing sustainable and value-added products.
The meet served as a platform for global investors to explore opportunities in a mix of traditional and emerging sectors focusing on technology-driven growth, sustainability, and leveraging Himachal Pradesh’s natural resources and strategic location.
In preparation for the event, Invest India organized international road shows in Germany, Netherlands, and UAE, as well as domestic road shows, conclaves, and ambassadors' roundtables. Invest India also prepared a list of 25 companies across four sectors to potentially invite to the Global Investors Meet and shared details of relevant stakeholders in Himachal Pradesh's target markets.
Parallel sectoral sessions on Ease of Doing Business, tourism, wellness, and AYUSH were also scheduled to take place during the event. Invest India will provide an on-site registration facility for the India Investment Grid (IIG) portal during the Summit, show promotional videos, and offer collaterals on investment opportunities.
The Global Investors' Meet was attended by diplomats, corporate leaders, policy makers, development agencies, and investors from around the world. The event was co-chaired by Anurag Thakur, Ahmed Albana, and Virendra Kanwar for the session on 'Growing economic ties between Invest India and UAE'. The Commerce and Industry and Railway Minister, Piyush Goyal, also attended the event.
In addition, Invest India conceptualized a Startup Grand Challenge for hosting a live Challenge for Startups from Himachal Pradesh. The Global Investors' Meet 2019 was a significant step towards fostering economic growth and investment in Himachal Pradesh.
- Discussions about sports and athletics were not explicitly mentioned during the Rising Himachal Global Investors' Meet 2019, but the state heavily emphasizes sustainable and value-added products, a key aspect that could potentially attract investments in sports gear or eco-friendly sports facilities.
- Amidst the focus on technology-driven growth, tourism, and industry development, Himachal Pradesh is also positioning itself as an emerging hub for adventure sports, given its scenic landscapes, making it an attractive destination for investments in the sports industry.
