Uttar Pradesh govt raises investment summit target by 70% to Rs 17 trillion

Buoyed by the response to the recent roadshows in foreign shores, the Uttar Pradesh (UP) government has increased the investment target for its Global Investors Summit (GIS) by 70 per cent to Rs 17 trillion.

Earlier, the Yogi Adityanath-led government had targeted a net private investment of Rs 10 trillion at the scheduled February 10-12, 2023, summit in Lucknow.

The string of roadshows in December across 16 countries fetched the state investment proposals of over Rs 7 trillion.

“The previous investment targets of all the departments have also been revised,” a government spokesperson said.

The departments of IT & electronics, MSME, energy, housing, and