Invest in UP, says CM

Chief Minister Yogi Adityanath called upon the country’s industry to contribute towards realising Prime Minister Narendra Modi’s $5-trillion economy goal for India by investing in Uttar Pradesh, through which the path to the prosperous self-reliant India passes.

“The state with the largest population in the country is working diligently to fulfill this resolution as it has potential, vision and immense possibilities. We are providing every necessary assistance and resource to the investors in our state and they must take advantage of this,” he added.

Addressing the country’s leading industrialists, representatives of financial, banking and industrial institutions, businessmen and investors in Mumbai, known as the financial capital of the country, on Thursday, the chief minister invited them all to the Uttar Pradesh Global Investors’ Summit to be held in Lucknow from February 10-12.

Referring to the success of UP roadshows held abroad in connection with GIS-23, the chief minister said that this was the first time after independence when the UP team had visited 21 cities in 16 countries to invite investors and it received tremendous response.

“We received investment proposals worth more than Rs 7 lakh crore during the roadshows.

Regarding the ongoing roadshow in Mumbai for a dialogue with the domestic investors, the chief minister said, “Mumbai is the economic capital of the country, so I myself have come here to invite my near and dear ones. The huge presence of investors in the roadshow is encouraging for ‘Team UP.”

In the programme which lasted for more than one and a half hours, the chief minister explained in detail the possibilities inherent in the commercial, cultural, spiritual and social values, traditions, diversities of Uttar Pradesh from the point of view of investment.

Yogi also highlighted the safe environment in the state along with India’s rise to become the fifth largest economy of the world and presiding over the G-20, a group of 20 powerful countries of the world.

Giving credit to Prime Minister Narendra Modi’s guidance for positive change and creation of an investment-friendly environment in the state, the chief minister said that before 2017 there used to be riots every day in the state. “Today six years have passed but there has not been a single riot anywhere. Everyone would be familiar with the firing incident in Bhatta-Parsaul for land acquisition, but today we have acquired the same land for the fourth phase of construction of Asia’s biggest airport with farmers themselves visiting  the chief minister’s residence to hand over the registry papers.

Inviting investors to come to UP, the chief minister said that there was no dearth of land, the first requirement for industries, in UP.

Uttar Pradesh is the state with the most fertile land, the chief minister said, and added: “We have 11 per cent of the country’s total agricultural land but we produce 20 per cent of food grains. If we make a little effort together, we can alone produce more than 30 per cent of the country’s total requirement of food grains.”

The chief minister said that in this heartland state of India there was no sector, be it agriculture, food processing or dairy, start-up, infrastructure development, defence production etc., where there was no scope for growth. 

Sharing the ongoing efforts for the development of UP, the chief minister mentioned  the opening of expressways, airports and metros and the country’s first waterway, registration of 96 lakh registered MSME units, as well as signing of investment agreements worth Rs 4.68 lakh crore of which projects worth Rs 4 lakh crore came on the ground in five years.

Inviting the industry to UP GIS, the chief minister said, “We have ensured that there is zero human intervention from the government level in the process of industrial projects through Nivesh Mitra and Nivesh Sarathi portals. After signing the MoU, the Chief Minister’s Office directly monitors the progress of the project.”