UP gets ₹7.12 lakh crore investment proposals

In an official statement, the government said the team had held roadshows in 21 cities in 16 countries ahead of the Global Investors Summit scheduled for February 10-12, 2023 in Lucknow, according to ANI News. rice field.

After returning from the tour on Thursday, the group of ministers unveiled details of the investment proposals received in front of Prime Minister Yogi Adhyanath and shared experiences from the tour.

The premier reviewed preparations for holding a global investor summit with cabinet ministers and government officials from across the state.

Quoted by ANI, CM Yogi said, “This is the first time since independence that the Uttar Pradesh team has gone on a global tour with the aim of inviting investors from all over the world.

The Prime Minister said their action plan to invite investors from around the world to invest in Uttar Pradesh ahead of the Global Investors Summit has received a great response.

“We are delighted that our roadshow in 16 countries has paved the way for over 100 investments. ¥712 crore so far,” he said.

“The investment proposal is worthwhile,” he said, adding that large-scale investments create employment opportunities that directly benefit the state’s youth. ¥400 crore has been received in the UK and USA alone. The success of this overseas roadshow ensures that his 2023 Global Investors Summit in Uttar Pradesh will be a historic event. ”

According to CM Yogi, the Global Investor Summit – 2023 will be a key hub for achieving the goal of making the state a US$1 trillion economy.

He also instructed the authorities to complete the necessary processes with the MoU in contact with ongoing industry groups.

“After January 15th, follow-up visits can be made again to some countries according to requirements. All investors will be invited to the proposed GIS in February and all possible arrangements will be provided. will be done,” he added.

During G2G and B2G conferences abroad, he said many industrial groups will invest in cities such as Gorakhpur, Kashi, Phrayaguraj, Aligarh, Lucknow and Kanpur along with areas such as Noida, Greater Noida in western Uttar Pradesh. said he had expressed his willingness

Sectors in which investors have shown interest include hospitality, food processing, pharmaceuticals and pharmaceuticals, medical devices, chemicals, tourism, distribution warehousing, green hydrogen, EV battery manufacturing, MSMEs, dairy, education, defense and aerospace, Semiconductors, drone manufacturing, etc. , agriculture, textile and steel manufacturing.

Companies such as Dassault, Saffron, Air Liquide, Thomson, Sanmina Corporation, Computing, Silas, HMI Group, Samsung, Ikea, Ericsson, Motherson, NTT Global and Mitsui have expressed interest in investing in Uttar Pradesh. he said.

“A letter of thanks will be written on my behalf to all 16 ambassadors/high commissioners,” he said.

All groups returning from overseas tours submitted detailed reports of their tours to the Prime Minister at a review meeting. They also expressed the need to continue the global tour of Uttar his Pradesh team for investment and were also informed about the expectations of investors.

(with ANI input)

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