The existing Industrial Policy was framed in the back-drop of potentialities and
expectations of the newly created State of Uttarakhand. The policy focused on the
sectors where Uttarakhand has inherent advantages e.g., Tourism, Hydro-power,
Floriculture, Agro and Food processing, Handloom, Khadi and Village Industries etc.
The Hon’ble Prime Minister of India during his visit to Nainital in March 2002
announced that a special package of incentives would be given to promote Industrial
Development in Uttarakhand to offset the constraints that hampered this process. The
package was formally declared on 7th January 2003. In the light of this package and
seeing the interest already evinced by potential entrepreneurs, drawing lessons from
the experience of our existing Industrial Policy and experience of other States, taking
note of inputs received from the various stake holders and keeping in view the ground
realities of liberalization, and allied trends of economic reforms, the State
Government has found it expedient to formulate a New Industrial Policy.
The aim is to provide a comprehensive framework to enable a facilitating,
investor friendly environment for ensuring rapid and sustainable industrial
development in Uttarakhand and, through this, to generate additional employment
opportunities and to bring about a significant increase in the State Domestic Product
and eventual widening of the resource base of the State. This will be termed as the
New Industrial Policy 2003, and shall remain in force for a period of 5 years.
| VISION |
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To create high quality world class infrastructure facilities in the State and
enhance, in particular, connectivity to the National Capital Region (NCR) and
other leading markets. |
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To provide single window facilitation in the State to expedite project
clearances and provide an investor friendly climate. |
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To provide and facilitate expeditious land availability for setting Industrial
ventures and Infrastructure projects. |
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To promote and encourage private sector participation in the development and
management of infrastructure projects such as Industrial Estates/Areas, Growth
Centers, IIDCs, Special Economic and Commodity Zones and Parks, Theme
Parks, Tourism infrastructure, development of new tourist destinations,
Airports/Helipads/Airstrips, Roads, generation, transmission and distribution
of power, and projects in the area of Horticulture, Floriculture, Bio-technology
etc. |
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To provide assured, good quality, uninterrupted and affordable power for
industries. |
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To simplify and rationalize labour laws and procedures in tune with the current
day requirements, while ensuring that the workers get their due share in the
economic prosperity of the State. |
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To promote, in particular, Small scale, Cottage and Khadi and Village
Industries and Handicrafts Silk and Handloom sectors, assist them in
modernization and technological up-gradation and provide the necessary
common facilities and backward and forward linkages, including product
design and marketing support so as to make them globally competitive and
remunerative. |
|
To address problems of sickness and incipient sickness in Industry, particularly
SSIs and facilitate required restructuring and rehabilitation, etc. in coordination
with the Banks and financial institutions. |
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To promote Industries based on local resources particularly in the Areas of
Agriculture, Horticulture, Agro & Food Processing and Floriculture. |
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To promote planned and scientific exploitation of the mineral resources of the
State and maximize value addition within the State. |
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To promote leading edge technologies and sunrise industries in the State in the
areas of Information Technology and Bio-Technology. |
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To promote public/private sector involvement in generation of power and
strengthening of the transmission and distribution network. |
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To promote Tourism as a focus area and develop Uttarakhand as a premier
global tourism destination. |
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To provide special attention for setting up industries in remote areas. |
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To develop and strengthen air, road, rail and other connectivity. |
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To develop Uttarakhand as a premier education and research centre by
leveraging the presence of world-class Research and Technical Institutes
existing in Uttarakhand. |
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Download Industrial Policy 2003 (English) |
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Download Industrial Policy 2003 (Hindi) |
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