Dehradun, July 19 -- In a first-of-its-kind initiative, the Uttarakhand government is set to organise a grand Investment Festival in Rudrapur on Saturday to mark the successful grounding of industrial investments worth over Rs.1 lakh crore, said officials. The event will be held at the Sports Stadium in Rudrapur from 12 noon and will witness the presence of Union Home Minister Amit Shah as the chief guest. Chief Minister Pushkar Singh Dhami will preside over the ceremony, which aims to publicly present the real-time progress of investments committed during the Global Investors' Summit (GIS) held in Dehradun in December 2023. Chief minister Pushkar Singh Dhami said, "The investment agreements made during the summit are now swiftly being translated into reality, generating employment and giving a boost to the state's economy. Uttarakhand is extending all possible support to industries and has emerged as a favoured destination for investors owing to its strong infrastructure, peaceful environment, and investor-friendly policies" Officials said this event is being hailed as an unprecedented move by any Indian state to transparently showcase the actual implementation of industrial investment proposals following a major summit. The state government regards this as a historic occasion to boost investor confidence and underline Uttarakhand's emergence as a preferred investment destination. Representatives from newly established industries, senior government officials, and other dignitaries from across the country are expected to take part in the celebration. Officials said Global Investors' Summit 2023 attracted 1,779 Memorandums of Understanding (MoUs) amounting to Rs.3,57,693 crore. Since then, investment proposals worth more than Rs.1 lakh crore have already been grounded, with projects across various sectors beginning to take shape on the ground. The state expects over 81,000 new jobs to be created as a result of these investments. Officials said the Investment Festival is intended to reaffirm the state government's commitment to fostering a robust investment ecosystem and to encourage more companies to establish operations in Uttarakhand, thereby accelerating economic growth and employment generation across the state....