Lucknow, Jan 24 (Representative) Team Uttar Pradesh signed memorandums of understanding (MoUs) worth Rs 25,000 crore with 33 entrepreneurs during its seventh domestic roadshow held in Bengaluru on Monday. The team is touring the country under the guidance of Chief Minister Yogi Adityanath to make UP the growth engine of New India and attract investment of Rs 17 lakh crore to the state through the Global Investors Summit 2023 (GIS 2023) to be held in Lucknow next month. In a video message to the investors on the occasion CM Yogi said that the able leadership of Prime Minister Narendra Modi has ushered in a new era of stability and good governance in the country and India has become a favourite destination of investors. Yogi said that UP, which is endowed with rich natural resources, is a leading state in ease of doing business with good governance, zero tolerance towards crime and corruption, largest consumer market, single window portal Nivesh Mitra, as well as investment friendly policies. “UP is the best place to invest in all aspects and is poised to become the second largest economy of the country. As per the resolve of the PM, UP is ready to accelerate India’s economic growth,” he said.
Addressing entrepreneurs during the roadshow, Deputy CM Keshav Prasad Maurya said that this is the best opportunity for investment in the state, adding that the Bharatiya Janata Party (BJP) government was there to stay in UP for the next 25 years. ‘In terms of law and order, UP is today a riot-free and crime-free state. This is the most favourable time to invest in tourism, agriculture, defence, logistics, infrastructure, real estate, health, IT sector. Chief Minister Yogi Adityanath is constantly working hard to make UP the growth engine of India,” he said. Addressing the investors, Cabinet Minister Surya Pratap Shahi said that UP was going to organise the country’s biggest investors’ summit this year. “The relationship between Karnataka and UP is centuries old. The land of Ram, Krishna and Kashi Vishwanath is entering a new era of development today. Entrepreneurs of Karnataka should join this development journey of UP,” he said. It may be noted that this year, through the Global Investors Summit, Chief Minister Yogi Adityanath has set an investment target of 17 lakh crore, out of which MoUs worth more than 15 lakh crore have already been signed. Addressing the investors during the programme, Chief Secretary Durga Shankar Mishra said that UP guarantees every facility that they would need for investment in the state.
He said that Prime Minister Narendra Modi has set a target of making the country a 5 trillion dollar economy and CM Yogi Adityanath has pledged to contribute 1 trillion dollar from UP towards achieving this goal. During the roadshow, information about investment opportunities in UP was given to the entrepreneurs through video films. Infrastructure and Industrial Development Commissioner Arvind Kumar enumerated the opportunities and benefits of investment in Uttar Pradesh through a presentation. Manoj Gupta, Chairman, MKU Limited and Ullas Kamath, Chairman, FICCI Karnataka shared their experiences of investing in Uttar Pradesh. Ullas Kamath said that the development of infrastructure in UP in the last 8 years has been much faster than in China.