Uttarakhand Chief Minister Vijay Bahuguna, who is on a week long visit to South Africa, has appealed the Indian business community to invest in the hill state, saying it has a “sound law and order and an industry friendly policy”.

The chief minister told the Indian business community in South Africa about the incentives being given to investors under SIIDICUL-II and the industry friendly features of the state government’s hill policy.

Bahuguna highlighted the achievements of his government during the last nine months of his tenure and told them that with a sound law and order and an industry-friendly policy, Uttarakhand could offer an ideal investment climate to entrepreneurs, an official release said here claiming that investors evinced keen interest in investing in the state.

The chief minister called on South African President Jacob Zuma in Pretoria and conveyed Christmas greetings to him.

He also participated in the 106th conference of the African National Congress, where Zuma expressed his gratitude to India for the role it had played in the country’s fight against apartheid.

(This article was published on December 22, 2012)
XThese are links to The Hindu Business Line suggested by Outbrain, which may or may not be relevant to the other content on this page. You can read Outbrain's privacy and cookie policy here.