Advertisement
Ladakh Lieutenant Governor Kavinder Gupta recently interacted with representatives from the People of India Chamber of Commerce and Industry (PIOCCI) in New Delhi to discuss strategies for boosting foreign investments and economic development in the Union Territory. During the meeting, PIOCCI revealed its plans to organize a global investment summit specifically focused on Ladakh. Having recently assumed office on July 18, LG Gupta emphasized Ladakh's immense potential across sectors like eco-tourism, renewable energy, and agro-based industries, assuring potential investors of a favorable business environment backed by government incentives and support for socio-economic transformation.
Ladakh Lieutenant Governor Kavinder Gupta recently met with a delegation from the People of India Chamber of Commerce and Industry (PIOCCI) in New Delhi. The discussion centered on exploring avenues for promoting foreign investments and accelerating economic development across the Union Territory. Advertisement
Gupta, who officially assumed the office of Lieutenant Governor of Ladakh on July 18, 2025, during a ceremony in Leh, held the meeting with PIOCCI's Secretary General, Kirti Sharma, and other representatives. A Raj Bhavan spokesperson stated that the meeting aimed to explore collaborative opportunities for drawing foreign investments into various sectors within Ladakh. PIOCCI, a global business networking platform for the Indian diaspora, has a track record of facilitating business ties and project collaborations with overseas Indians across diverse sectors such as technology, agriculture, education, healthcare, tourism, and green energy.
The delegation also informed LG Gupta of PIOCCI's plans to organize a dedicated global investment summit focused exclusively on Ladakh. This initiative aligns with the Union Territory?s growing prominence and strategic importance.
Lieutenant Governor Gupta highlighted Ladakh's immense investment potential. He specifically pointed out key areas that require greater attention, including eco-tourism and sustainable hospitality, renewable energy (leveraging Ladakh's high solar irradiance), agro-based industries such as organic farming and medicinal herbs, handicrafts and cultural exports, and education and skill development. These sectors align with Ladakh's unique geographical and cultural advantages.
Gupta emphasized the region's strategic importance and assured potential investors that the Government of India is committed to creating a favorable business environment. This commitment includes offering attractive incentives, ensuring ease of doing business, enhancing infrastructure development, and maintaining policy stability. The LG expressed full support for initiatives that would bring socio-economic transformation to the Union Territory, which was carved out from the erstwhile state of Jammu and Kashmir in 2019. He extended an open invitation to entrepreneurs, global investors, and the Indian diaspora to actively explore the diverse investment avenues available in Ladakh.
Source- PTI
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
