After rolling out the red carpet for global investors, the Uttar Pradesh government is now gearing up to woo the movers and shakers of the Indian stock markets.
Beginning next month, ‘Team UP’ will fan out in seven top Indian cities to attract big ticket private investment from major companies and groups including Ambani, Adani, Mahindra & Mahindra, Godrej etc.
The high-level meetings with domestic business giants will be held in seven metropolitan cities viz. Mumbai, Delhi, Kolkata, Hyderabad, Ahmedabad, Chennai and Bengaluru.
UP government led by Chief Minister Yogi Adityanath and his cabinet colleagues will confabulate with the top management of more than 40 companies during the domestic leg of the investors’ roadshows.
These events have been organised in run up to the UP Global Investors Summit during Feb 10-12, 2023 in Lucknow. It is likely to be inaugurated by Prime Minister Narendra Modi.
Team Yogi will not only interact with these companies during the roadshows but will also invite them to invest in UP across a string of sectors. The Federation of the Indian Chamber of Commerce and Industry (FICCI) and the Confederation of Indian Industries (CII) have partnered the UP government in this endeavour.
Two UP cabinet ministers, including the deputy CMs, will lead the roadshows in each city. Yogi will himself take the charge in Mumbai, the financial capital of India.
The companies, which are billed to take part in these roadshows include Godrej, Reliance Industries, Mahindra & Mahindra, Tata Group, JSW Group, Asian Paints, Britannia, Aditya Birla Group, Bombay Dyeing, Nestle, Coca Cola, DCM Shriram, SRF, Vardhman, Triveni Engineering, Heidelberg Cement, Sabros, Maruti, Suzuki, Hero MotoCorp, Eicher, Nokia, Ashok Leyland, Sundaram Fasteners etc.
Other firms include Sundaram Clayton, TVS Motors, L&T, Grundfos Pumps, Elgi, Lakshmi Mills, Berger Paints, Exide, Texmaco, RP Sanjiv Goenka Group, Wockhardt, ITC, Eveready, Adani Group, Torrent Group, Hitachi, Rasna, Amul, Oswal Industries, Arvind Mills, ECIL, HP, Amara Raja, Ramke, Lafarge, Marino Foods, Divi Lab, Dell, IBM, Centum Electronics, ABB, Volvo, Toyota, Honeywell, Bosch, Biocon etc.