New Delhi: Lieutenant governor TS Sandhu Friday chaired a session with leading industry representatives about strengthening Dwarka’s emergence as a major economic and commercial hub. It focused on policy and infrastructure interventions to improve ease of doing business, facilitate investments and make it a preferred destination for investors.Addressing those from real estate, infrastructure, hospitality and healthcare sectors, the LG said, “Dwarka’s industrial development should remain clean, sustainable and non-polluting while creating large-scale employment opportunities for the local workforce. Focus should be on promoting labour-intensive industries so that the sub-city’s economic growth directly benefits the people of Delhi.”Describing Dwarka as one of Asia’s largest planned sub-cities, Sandhu said its proximity to the Indira Gandhi International Airport, strong connectivity and evolving urban infrastructure make it well-positioned to attract investments from commerce, hospitality, healthcare, education and technology sectors. Industry representatives suggested creating a more investor-friendly ecosystem through better infrastructure, research and innovation facilities, a streamlined single-window clearance mechanism and simplified approval processes.“For this, planning and development norms, including the floor area ratio, need to be reviewed and rationalised in line with emerging urban requirements. Besides, there is a need for sector-specific policy measures to enhance Delhi’s competitiveness as an investment destination,” he said.DDA vice chairman N Saravana Kumar said the authority has made land available to support future investments and is working with stakeholder agencies to streamline approval processes. He added that the recently approved transit-oriented development policy has established a committee that brings together all agencies concerned to provide seamless, single-point and time-bound approvals for eligible projects.
