The Confederation of Indian Industry, in a first of its kind initiative, is organising a conclave to showcase the investment potential of North India and revive investments in the eight states in this region.

The initiatives comes in the wake of the northern states falling behind states in the southern and western region in terms of reaching out to potential investors both in India and overseas.

The two-day event will be flagged off in the National Capital Region on November 3, with representatives from Delhi, Haryana, Himachal Pradesh, Jammu & Kashmir, Punjab, Rajasthan, Uttar Pradesh, Uttarakhand and Chandigarh coming together to unveil the potential in their respective states.

Richard Rekhy, Co-Chairman of Invest North 2012 and Head of Advisory, KPMG India, said this was for the first time that CII was organising an investors meet with the state governments supporting the event.

Usually, it is the other way around, with the State Government organising investors meet, with CII support for such events.

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