- The government of Uttarakhand has formalized a Memorandum of Understanding (MoU) with the ropeway construction firm Poma Group in London.
- This agreement, involving an investment of Rs 2,000 crore, is in line with the upcoming December Global Investors Summit.
- The MoU was endorsed on behalf of the Uttarakhand government by the Secretary of Industries, Vinay Shankar Pandey.
- A government communique highlighted Poma Group’s previous engagements in Uttarakhand.
- At present, Poma Ropeway is offering technical assistance for the ropeway projects connecting Dehradun to Mussoorie and another leading to Yamunotri, as per the statement.