UP Investor Summit

Renewable power project proposals are beginning to make their presence felt in state investment meets

President Droupadi Murmu will be on a two-day visit to Uttar Pradesh from today to participate in various events including the Valedictory Session of UP Global Investors Summit-2023 in Lucknow

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Prime Minister Narendra Modi said the guarantee to world's prosperity lies with India, as he pitched Uttar Pradesh as a major destination for foreign investment. Welcoming foreign delegates and Indian industry leaders to the three-day Uttar Pradesh Global Investors Summit, Modi linked the world's economic well-being to that of India. The world's prosperity lies in India's prosperity. The guarantee to the world's shining future lies in India's shining future, he said. Inaugurating the inauguration the mega event, the prime minister said India now is driven by an aspirational society. "Today, the aspirations of the society of India are giving a push to the governments. And, these aspirations are also bringing speed to developmental work. Today, India is carrying out reforms not out of compulsion, but out of conviction." Modi said Uttar Pradesh was once known as a BIMARU state, referring to an acronym for Bihar, Madhya Pradesh, Rajasthan and Uttar Pradesh. Bimaru also means sick in ..

Gautam Buddh Nagar, which includes industrial cities of Noida and Greater Noida, has received investment proposals worth Rs 5.86 lakh crore since the announcement of Uttar Pradesh Global Investors Summit in November 2022, according to district officials. The UP Global Investors Summit is scheduled from February 10 in Lucknow and the state government, led by Chief Minister Yogi Adityanath, has set a target of Rs 17 lakh crore investments through the ambitious drive. In the run-up to the GIS, Adityanath had also instructed state officials to hold investment summits at district-level in each of the 75 districts of the state, while road shows are being held in other states and foreign countries as well to attract investments. "The district-level investor summit in Gautam Buddh Nagar was held on January 20 during which investment proposals worth Rs 11,502 crore from around 250 investors were received," Deputy Commissioner (Industries) Gautam Buddh Nagar Anil Kumar said. "So far in Gauta

In the run-up to the event , the Cabinet, including the CM, will hold meetings in domestic and international cities

Investment roadshows to be held at USA, the UK, China, France etc in the run-up to the summit

Krishnamurthy lauded UP chief minister's efforts to partner with the industry to drive inclusive growth in the state

PM Modi or Amit Shah will be the chief guest at the event

1,045 MOUs signed in all, for commitments equalling state's annual budget; Adani tops with promise of Rs 350 bn in 5 years

One of the key reasons why UP has traditionally struggled in attracting corporate interest has been the shoddy state of law and order in the state