MOU worth Rs. 7350 crore investment signed in pharma sector

 In the presence of Chief Minister Mr. Trivendra Singh Rawat,  Secretary Health Nitish Jha and Association of Pharmaceutical Manufacturers, Uttarakhand signed a Memorandum of Understanding (MOU) with Mr . R.K. Jain regarding investments worth Rs. 7350 crore in different sectors of Pharma sector at Chief Minister’s residence on Saturday.  Another MOU was signed between  Anil Marwah, President,  Uttarakhand Industries Welfare Association and Sudhir Nautiyal, Director, Industry for establishing 25 units worth Rs. 300 crores at different places in the state under MSME. The units to be established under MSME will be at Rishikesh, Selaqui, Bhagwanpur, Pauri and Kotdwar.

Chief Minister said that the small and medium enterprises being established in different areas of the state strengthens the local economy and also helps local youth to get employment and eradicating unemployment. The firms that have set up industry includes Prerna Center for Learning and Development Pvt. Rs 30 crore, Rishidham Forest Retreat Pvt. Ltd, Himgiri Packaging Solution, Osho Flexible Limited, Osho Industries Limited, Osho Laminators L.L.P (each Rs 20 Crore), New Wood Industries and Sri Krishna Industries Rs 15 Crore, GVKC Fashions Rs 14 Crore, along with other industries making investment of Rs 10 and Rs 5 crore.

Chief Minister’s Industrial Advisor Mr. K. S. Panwar, Technical Advisor Mr. Narendra Singh, Secretary Nitesh Jha, Deputy Director Mr. Anupam Dwivedi, General Secretary of Industries Association Mr. Pawan Aggarwal, Vice President Mr. Sunil Uniyal, Chairman of Doon Chapter Mr. J. P.Garg etc. were present on this occasion.