New Delhi, Nov 22 (Representative) In a bid to make Uttar Pradesh the growth engine of India’s development, Chief Minister Yogi Adityanath on Tuesday formally announced to organise the UP Global Investors Summit-2023 between February 10 to 12 next year. The CM invited industrial investors from all over the world to invest in UP at an event held at Sushma Swaraj Pravasi Bhartiya Bhawan in New Delhi, in the dignified presence of eminent personalities from the national and international industries, representatives of industrial associations, and representatives of several public sector companies, among others. Yogi said, “UP is currently at the pinnacle of a progressive transformational journey under the guidance of Prime Minister Narendra Modi. The vision of self-reliant India set by the PM is the main pillar of this rejuvenation. UP has set a goal of a 1 trillion dollar economy, following the PM’s plan to grow India’s economy to 5 trillion dollars. “He said, “In this sequence, our government is organising a Global Investors Summit in Lucknow from February 10 to 12, so that the country and the world can benefit from the immense business opportunities available in the state.” The CM said that this Investors Summit would prove useful in providing a unified platform to the global industrial world for cooperation in economic development. “This three-day global conference will be attended by world class policymakers, top leadership of the corporate world, business delegations, academia, think tanks, and intellectuals, who will collectively brainstorm on business possibilities and opportunities for partnership,” he said. He said that UP is inviting investors from all over the world for this unique event with a great purpose and this time the state has set a target of attracting investment of Rs 10 lakh crore through this summit. Giving information about the preparations for the summit, the CM said that so far about 21 countries have expressed their enthusiasm to participate in the grand event. “I am happy to inform you that the Netherlands, Denmark, Singapore, United Kingdom and Mauritius will be participating with us as partner countries in the Global Investors Summit.
Apart from this, the state government is also organising road-shows in 18 countries and 7 major cities across the country to invite industrial investors from all over the world to the summit,” he said. Addressing the Ambassadors and High Commissioners of various countries, the CM said, “All of you should come, participate and make the Global Investors Summit a grand success.” He also thanked the top management of the prestigious public sector units and the officers of the Union government for their cooperation. Yogi said that UP’s business climate has significantly improved over time as a result of offering effective policy assistance and top-notch infrastructure. “For proactive investor connect and handholding, our government has developed a new online system called ‘Nivesh Sarathi’ for signing Memorandum of Understandings (MoUs) and monitoring their implementation, as well as an online Incentive Management System,” he said. Introducing the latest industrial policy and sectoral policy of the state, he said that the UP government has launched various projects in various sectors including IT and ITES, Data Center, ESDM, Defence and Aerospace, Electric Vehicle, Warehousing and Logistics, Tourism, Textile and MSME. “The state has taken several reformative steps towards creating a one time ecosystem for industrial development through policy driven governance by formulating about 25 policies to attract investment,” he said.He said that through this flagship investment summit, the state government aims to strengthen the investment attractiveness of UP among the investor community and create opportunities for all-round development of the state.
The CM said that UP, strategically located near the National Capital Region (NCR), is India’s fourth largest state by area. “Our state is home to 24 crore citizens, making it India’s largest labor and consumer market. The UP government is developing infrastructure at a rapid pace to ensure seamless connectivity through air, water, road and rail networks, which will enhance the accessibility of logistics to enable industries to access global and domestic markets. “He said that being one of the largest economies of India, UP contributes about 8 per cent to the national GDP.” We have provided a competitive, attractive and supportive incentive framework by making structural changes in our policies,” he said. Stating that the new industrial policy of the state provides an alternative based model, which encourages production, employment and exports, the CM said, “Not only this, we are also encouraging new areas including green hydrogen. Our policies encourage investment for setting up industry specific Centers of Excellence), Research and Development (R&D) and testing facilities in the state. “He said that the state government has launched the Atal Industrial Infrastructure Mission and is one of the leading states in implementing the PM Gati Shakti National Masterplan. “Under this masterplan, our government has integrated more than 45 layers important for project planning. UP has India’s largest youth population with 72 universities and 169 industrial training institutes operating across the state. It offers vast opportunities for skill development institutes and exchange programs. For an investor, all this environment is going to create a great investment environment,” he said. The CM said that the government is working on several industrial projects in the state. “The Defence Industrial Corridor is being developed in UP. Under this, out of 6 nodes, Agra, Aligarh, Kanpur, Lucknow, Jhansi and Chitrakoot in Uttar Pradesh, Aligarh node has already been inaugurated by Prime Minister Narendra Modi, while land allotment is in progress in other nodes.
“The CM called upon the global industrial world to take advantage of the immense opportunities present in UP and make New India prosperous and powerful. He invited everyone to join ‘New India’s New UP’ in its journey towards growth and development. On the special occasion, the Chief Minister released a booklet based on various sectoral policies of UP and investment possibilities in the state. The Online Incentive Management Portal and Customer Relationship Management Portal (Nivesh Sarathi) were also formally launched by the CM.Industrial Development Minister of UP Nand Gopal Nandi welcomed and felicitated the dignitaries present in the event. Speaking on the occasion, he mentioned the special facilities available to the investors, possibilities of investment and development of world-class infrastructure facilities in the state. Inaugurating the program, UP Chief Secretary Durga Shankar Mishra introduced the importance of organizing the Global Investors Summit while discussing the industrial investment friendly environment of the state in the last five and a half years under the leadership of Chief Minister Yogi Adityanath. Speaking at the curtain raiser ceremony, Vice President of Confederation of Indian Industries Sanjeev Puri praised the investment friendly environment in UP and said that it is a matter of pride to be the industry partner of UPGIS-2023. “UP Global Investors Summit would prove to be a milestone in the ambitious plan to make UP a 1 trillion dollar economy state,” he said.FICCI President Shubhra Kumar Panda said, “UP is raising the bar in terms of its ambitions, scale, competence, and can-do spirit under the visionary leadership of the Chief Minister Yogi Adityanath.”