The Uttarakhand government signed a Memorandum of Understanding for a Rs 2,000 crore investment with the Poma Group.

The MoU was signed on behalf of the government by Vinay Shankar Pandey, Secretary, Industries.

CM Pushkar Singh Dhami stated that, given the state's geographical conditions, there is enormous opportunity for investment in eco-friendly tourism in Uttarakhand.

Poma Group is a leading group in the field of ropeway construction across the world. The group has worked for Auli-ropeway of Chamoli district in the state. Currently, it is also providing technical support in the Dehradun-Mussoorie and Yamunotri ropeway projects.

The CM said the state government is looking for different ways of investment in which there is a balance between development and environment.

In such a situation, on the one hand, options like ropeway will provide convenience to the tourists in the state, while on the other hand, it will prove to be better from the environmental point of view, along with increasing the livelihood opportunities of the locals.