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Chief ministers urge Indian diaspora to invest in home state

Chief ministers urge Indian diaspora to invest in home state
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First Published: Wed, Jan 09 2008. 04 34 PM IST
Updated: Wed, Jan 09 2008. 04 34 PM IST
New Delhi: Trade and investment opportunities in a resurgent India were the highlights of Day two of the 6th Pravasi Bharatiya Divas, which saw five chief ministers share their state’s unique strengths and future strategies as they tapped investment, vying for the attention of overseas Indian investors.
Pranab Mukherjee, external affairs minister asked states and the NRI forum to come together in education, healthcare, energy sustainability, research and development as these sectors will “mar or make our future development.”
Sheila Dikshit, chief minister, Government of NCT, Delhi described the capital city state as the hub of health and education with state-of-the-art infrastructural facilities. She urged PIOs to invest in infrastructure development.
Narendra Modi, chief minister, Gujarat, lcredited NRIs as being the “true ambassadors of the nation” who had contributed in pushing the growth rate of the state at 10.6% - highest in Asia. He informed that Gujarat was focusing on port-led industrial and infrastructural development along with development in agriculture and services. Welcoming the Prime Minister’s recommendation for a PIO University in India, he said his state was ready to start the mission.
V.S. Achuthanandan, chief minister, Kerala, spoke about investment opportunities in tourism and IT & IteS while Bhupinder Singh Hooda, chief minister, Haryana, identified thrust areas in infrastructure, agro and food processing, IT and automobiles.
Madhu Koda, chief minister, Jharkhand, said that the government had signed MoUs with leading steel and power companies and was committed to infrastructure development in PPP mode. He asked NRIs to invest in industries, technical education and health. Gautam Singh, minister of Industries, Bihar presented investment opportunities in the mineral rich region, and outlined new industrial policies to attract investment in the state.
Kamal Nath, commerce minister gave the example of China where SMEs, not the large corporations led growth initiatives. While SMEs received immense support of the diaspora the Chinese government was supporting their large enterprises. The Minister urged the Indian Diaspora to lend their intellectual and entrepreneurship resources to build the Indian SME sector and engage it with the SMEs worldwide.
Jointly organized by Ministry of Overseas Indian Affairs, Government of NCT of Delhi, and CII in New Delhi from 7-9 January, 2008
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First Published: Wed, Jan 09 2008. 04 34 PM IST