Lucknow, Dec 12 (Representative) As many as 52 industry groups have given their official confirmation for investing in UP and participating in the Global Investors Summit to be held in February 2023 as a result of the initial round of roadshows of the ‘Team Yogi’ abroad, an official spokesman said here on Monday. The spokesman said that these include industry groups associated with sectors such as pharmaceuticals, business chambers, business development, investment banks, capital markets, vehicle motor industry, technology, research and design, telecom and food processing. He said that on December 9, Team Yogi held roadshows in Frankfurt, Germany, Toronto, Canada, and Mexico as part of the first phase. “This roadshow aims to realise Chief Minister Yogi’s ambitious goal of attracting investments worth Rs 10 lakh crores through the UP-GIS 23 to boost the state’s economy to 1 trillion dollar,” he said. The spokesman said that through the initial round of roadshows and one-on-one business meetings, Team Yogi, which is conducting roadshows in several nations under the direction of state government ministers, has invited all overseas investors to take part in UP-GIS which has shown fruitful outcomes.
After the first phase of the programme was completed, 52 industry groups agreed to take part in the Global Investors Summit, which would be hosted in Lucknow, the state capital. In addition to this, numerous additional organisations have assured to send representatives, whose final consent will be given later. Team Yogi, under the guidance of CM Yogi Adityanath gave assurances to industrial groups about the favourable and secure climate for investment in UP. This is why more than 50 industry groups consented to participate in this event in its initial stages, and there is a good chance that they will make significant investment announcements during the event. Roadshows and business meetings will be held in many more nations in different phases. Team Yogi has received clear instructions to undertake discussions with investors who might be interested in investing in the state in addition to the roadshow required by the plan.
In this sequence, a list of such other sectors and investors of each country has been made who are keen to invest in the state, and with their arrival, there are possibilities of large-scale growth and employment in that sector. Foreign investors who have given their consent to invest in UP and come to UPGIS include Dhaval Patel from Pharmaceuticals, Arne Aertbelien from Invest Asia, Jeroen Maudens from Corporate Finance, Aditya Sharma from Chamber of Luxembourg, Elena Suárez from Business Europe, Specialist Wim Bosman from Credendo, MD Pascal Kerneis from ESF Indian Association, Selvaraj Alagumalai from Luxembourg, Baron Philippe Vlerick from Chairman BICC&I and a representative from Eurochambres.