Promoting Uttar Pradesh as a land that successfully straddles both worlds — a land of Lord Ram, a land of expressways, a state with five international airports, and the nation’s cultural and spiritual capital that is fast becoming a growth engine — Chief Minister Yogi Adityanath on Tuesday announced the Uttar Pradesh Global Investors Summit (GIS), to be held February 10-12 next year in Lucknow, and urged investors to find UP as their next big destination.
According to him, UP has set a target to attract investments in the amount of Rs 10 lakh crore through the GIS.
Before the summit, Adityanath announced that the state government would conduct roadshows in 18 countries and seven major domestic cities to “invite industrial investors to participate”.
UP’s Chief Minister Adityanath stated that more than 40 countries had been approached for support, of which 21 have “expressed their enthusiasm” to participate. The United Kingdom, the Netherlands, Denmark, Singapore, and Mauritius have confirmed their participation in the GIS as partner countries.
“Through our zero-tolerance policy toward crime and criminals, we have ensured the security of our investment partners,” he stated as an assurance to investors that his government has established the rule of law in the state. In his view, UP’s business climate has significantly improved due to practical policy assistance and infrastructure development. According to him, the state has undertaken several reforms to facilitate the ease of doing business.
As pointed out by the Chief Minister, the state government has launched the Atal Industrial Infrastructure Mission, and UP is among the states leading the implementation of the PM Gati Shakti National Masterplan.
The development of the Defence Industrial Corridor is among the development projects undertaken in the state. As part of this initiative, Prime Minister Narendra Modi has already inaugurated the Aligarh node, while land allocation is in progress in the other nodes, Adityantath stated.
According to him, the BrahMos facility in Lucknow and the Bharat Dynamics facility in Jhansi will be established as part of the corridor. As part of the initiative, Adityanath announced that the first medical device park in the state has been inaugurated near the Yamuna Expressway and that Film City, Toy Park, Apparel Park, Handicraft Park, and Logistics Hub are being developed near the Yamuna Expressway.
He stated, “We have more than 24 crore people in our state, making it the largest labour and consumer market in India. As part of the infrastructure development, the government is ensuring connectivity through air, water, road, and railway, increasing logistics access and enabling industries to access local and global markets”.
UP, Adityanath said, has “infinite possibilities” and contributes 8 percent of the nation’s GDP. He aims to become the country’s second-largest economy.
Presenting UP as a “lucrative” investment destination, he pointed out that it offers 25 sectoral policies, good infrastructure, a large number of micro, small, and medium enterprises (MSME), fertile land, and the country’s most significant dairy and sugarcane production. The UP government has implemented Prime Minister Modi’s mantra – reform, perform, and transform – and taken important steps towards economic prosperity over the past five-and-a-half years, Adityanath said.
Inviting investors to join ‘New India’s New Uttar Pradesh’ in its journey towards growth and development, Adityanath invited them to take advantage of the immense opportunities in the state.
