LUCKNOW: Welcoming the business and corporate houses at the UP Global Investors Summit 2023, Chief Minister Yogi Adityanath said in the last six years, Uttar Pradesh has brought about an economic miracle.
The state has already attracted investment proposals worth Rs 32.92 lakh crore through roadshows for the three-day summit, he informed the large gathering.
“Uttar Pradesh is ready to perform the role of the growth engine of the country in line with the Prime Minister’s vision and by imbibing his mantra of Reform, Perform and Transform,” the Chief Minister said.
Job opportunities in UP
Describing the summit as the “mahakumbh’ of investment, he said the investments, which would take place through 18,645 memorandums of understanding (MoUs) signed between the Government and the private sector in diverse sectors, would create 92.5 lakh job opportunities in the state.
Inviting investors to take part in the development of UP, Yogi Adityanath said the state Government had made the environment of the state favourable for industrial development by ensuring better law and order and bringing 25 sectoral policies providing ease-of-doing business for the investors.
The Chief Minister’s remarks came in the presence of the Prime Minister, the Defence Minister, UP Governor, several Union ministers, worldclass policy makers, top leadership of the corporate world, business delegations, academia, think tanks and intellectuals.
Online monitoring of MoUs
Yogi pointed out that Nivesh Sarathi portal, the online system for monitoring the implementation of the MoUs for the convenience of investors, as well as Nivesh Mitra, the online incentive and customer relationship management portal, were proving to be immensely useful in facilitating investments. He said 406 services of 33 state departments were available on the online singlewindow portal Nivesh Mitra.
The Chief Minister also informed the gathering about the preparations that went into organising roadshows in 21 cities of 16 countries and nine cities in different states of the country for the UPGIS by teams led by a group of ministers from Uttar Pradesh.
During its pre-summit roadshows, the state Government got the cooperation of Indian missions abroad, ambassadors, high commissioners, as well as business and industrial organisations abroad.
$1-trillion economy
“With the positive cooperation of all these, we hope to achieve the target of $1- trillion economy of Uttar Pradesh,” the Chief Minister said, adding that all the 75 districts of the state were connected with this investment mahakumbh, with programmes being held in every district.
Introducing the state’s industrial policy and sectoral policy, the Chief Minister said Uttar Pradesh, known as the food basket of India, ranked first in the production of many commodities, including food grains, milk and sugarcane among others.
“Through policy-driven governance, the state Government has formulated around 25 sectoral policies to attract investment in various sectors including IT/ITeS, data centre, ESDM, defence and aerospace, electric vehicles, warehousing and logistics, tourism, textile, MSME, etc.,” he said.
Yogi stressed that several reformative steps have been taken towards creating a holistic ecosystem for industrial development in the state.
Yamuna Expressway
The Chief Minister informed that the state’s first Medical Device Park has been inaugurated near Yamuna Expressway. Similarly, Film City, Toy Park, Apparel Park, Handicraft Park, and logistics hub are being developed in the area, he said.
The other projects being developed include IIT GNL at Greater Noida, Mega Food Park at Bareilly, Trans-Ganga City at Unnao, Plastic Park at Gorakhpur, Garment Park at Gorakhpur and several flatted factory complexes.
Introducing the global industrial world to the state’s world-class infrastructure, industry-friendly policies and better law and order, the Chief Minister called upon them to take advantage of the immense opportunities present in Uttar Pradesh. “Become fellow travellers in our journey of progress while making New India prosperous and powerful,” he exhorted the world business leaders and assured them of all possible assistance at every stage as per the policies of the state Government.
Purvanchal, Bundelkhand
The Chief Minister further said that Purvanchal and Bundelkhand, which were considered backward regions of the state, had also got investment proposals worth Rs 9 lakh crore and Rs 4.28 lakh crore respectively, through the UPGIS 2023.
The sheer scale of investment proposals received by the Uttar Pradesh Government at the UP Global Investors Summit bodes well for the people of the state.
Chief Minister Yogi Adityanath is known for his strong determination and political will. Already, positive notes have come from top industrial tycoons of India, and very soon, Uttar Pradesh is going to emerge as one of the most favourite destinations for new industries.
