Healthcare, Heritage, Tourism, Knowledge based industries to be new drivers for growth in Delhi – Amit Yadav, CMD, DSIIDC

“Delhi is heading towards more of services and less of manufacturing with focus on Knowledge based industries, Healthcare, Heritage, Tourism etc said Mr Amit Yadav, Commissioner-cum-Secretary, Industries; Commissioner VAT and Chairman & Managing Director, DSIIDC, Government of NCT of Delhi at a Session on ‘Advantage Delhi: Enabling Business Environment & Projects for Investment’ held as part of the 3rd Edition of CII Invest North Conclave organized by Confederation of Indian Industry (CII) here today.

Mr Amit Yadav, Commissioner cum Secy, Industries, Commissioner VAT & CMD DSIIDC,
Govt of NCT of Delhi adressing the CII Invest North Deli session

Mr Yadav shared his views regarding advantages of Delhi:

· Delhi is a complete city and offers physical Infrastructure, impressive green cover, is well-connected and is coupled with good governance.

· Having 100 per cent telecom penetration Delhi provides immense opportunities for e-commerce.
· Great scope for healthcare industry – city requires over 14000 hospital beds to meet demand
· There are investment opportunities with proposed Rapid Railway Transport System (RRTS) connecting Alwar, Sonepat and Meerut.
· Opportunities exist in the heritage and tourism sector. Entire Delhi has been proposed to UNESCO as a heritage site.
· Online VAT registration has been started as a measure to impart good governance.
· MSME Facilitation Councils will pave the way towards a business friendly environment for MSMEs.
· Initiatives have already been taken for affluent disposal. However, 11 common affluent treatment plants are working at 25 per cent of their capacities. Industry is guilty for bypassing affluent treatment.
· Delhi government will look towards setting up an industrial hazardous waste site outside the boundaries of Delhi.
· The government is also looking towards skill development by means of partnership with various industries in starting vocational courses in ITIs. Delhi Government also has plans of setting up a world class skill centre.

Mr Arjun Wallia, Chairman, CII Delhi State Council and Group Founder & Chairman, The Walsons Group and Securitas India said that Delhi is the epicentre of trade. The state has the advantage of being a cosmopolitan city having multi-linguistic and multi-cultured people. It has excellent road and rail connectivity, as well as good power situation, said Mr Wallia. He mentioned about the business friendly Industrial Policy 2010-2021. He also informed that the Regional Council is working on MSME, education, skill development and environment.

Mr Anil Khaitan, Chairman and Managing Director, Sunil Healthcare Ltd remarked that Delhi has got a tremendous potential for investment opportunities. He expressed his concern there has been a significant decrease in industrial investments from INR289 crores in 2008-09 to INR 83 crores in 2012-13. He stressed on the need to have better infrastructure, availability of industrial land, affordable housing, focus on renewable energy to propel Delhi’s growth.

Dr Alka Kaul, Vice Chairperson, CII Delhi State Council and Director, Horizon Industrial Products Pvt. Ltd. proposed a formal vote of thanks and listed strengths of Delhi as an investment