With the scheduled month for Jammu and Kashmir’s maiden Investors’ Summit nearing, the authorities are ready to hold as many as six outreach roadshows across the country, in a bid to spread the word about the event and also to garner huge investments in the region.
“After the successful pre-summit investors’ meet cum curtain raiser event, the authorities are bracing up for the first domestic roadshow on 17 of this month. It will be held simultaneously in Bangalore and Kolkata,” reveals Ravinder Kumar, MD, SIDCO/JKTPO.
Jammu and Kashmir Trade Promotion Organisation (JKPTO) has been selected as the nodal agency for the event.
The so-far proposed schedule for the roadshows is as – 17 February (Bangalore, Kolkata), 21 February (Mumbai), 2 March (Hyderabad), 5 March (Chennai), and 9 March (Ahmadabad).
When asked about the international roadshows, Kumar says, “The international roadshows have also been proposed, but we are waiting for the approval from the higher authorities.”
Further, the dignitaries from the Union Territory of Jammu and Kashmir, who are most likely to participate in the aforementioned roadshows are Commissioner Secretary Industries and Commerce Department, MD SIDCO/JKTPO, HODs of different departments including Handicrafts and Handlooms, industrial delegations both from Jammu and Kashmir divisions, industry specific authorities pertinently from the identified fourteen focus areas such as Secretary Tourism, Secretary Horticulture, Secretary Health and so on.
Notably, the fourteen focus areas identified for the J&K Global Investors’ Summit which is to kick off in April or May this year, are – Agriculture & Mulberry production for silk, Agro & Food Processing, Education & Skill Development, Film Sector, Handloom & Handicraft, Horticulture & Post Harvest Management, Logistics Sector, Pharmaceuticals Sector, Manufacture Sector, Infrastructure & Real Estate, IT & ITES, Healthcare Sector, Milk Poultry & Wool Production, Renewable Energy, Tourism & Hospitality.
The roadshows will serve as a platform for the officials and industrial delegations from J&K to raise awareness about the Investors’ Summit and J&K’s untapped potential in a person-to-person, interactive format and reach those investors that one may not have been able to otherwise. These roadshows will help bring customers, prospects, and partners together for thought leadership, demonstrations, and networking.
“The roadshows will help us determine investor interests, which will be followed by detailed discussions, Expressions of Interests (EOIs), sight-seeing and formal proposals for investment. The Curtain Raiser, and the investment in crores it managed to attract, has already given us the much-needed leg-up,” MD SIDCO/JKTPO mentions.
The pre-summit investors’ meet cum curtain raiser was held as a prelude to the J&K Global Investors’ Summit 2020, on 20 January, 2020, in New Delhi. It managed to attract Rs 9000 crore investment, in addition to the Rs 13000 crore investment proposed prior to the event, taking the total proposed investment to Rs 22000 crores, as reliably learned by The News Now.
“We are hopeful of getting more investment proposals in the roadshows. It is important that we prefer good investments that go with our eco-system,” he remarks.
He adds, “The interested investors and entrepreneurs can visit the official website to register themselves for the Investors’ Summit, and also to view the string of policies drafted for the fourteen focus areas.”
Also: Read my article at THE NEWS NOW
6 domestic roadshows from Feb 17, international events await approval
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