UP bullish on industrial developmentUP CM Yogi Adityanath

Virendra Singh Rawat / Lucknow

Showcasing ‘Brand UP’ to industry leaders and investors in Mumbai, Uttar Pradesh chief minister Yogi Adityanath today asserted that UP was key to realising the Prime Minister Narendra Modi’s vision of making India a $5 trillion economy.

Claiming that UP offered the country’s largest consumer market, Yogi tried to woo the domestic investors by promising to facilitate all assistance and land for industry.

He also invited industrialists, representatives of financial, banking and industry bodies to the UP Global Investors Summit (GIS) in Lucknow during February 10-12, 2023.

Recalling UP roadshows in 16 countries ahead of the GIS, the CM said investment proposals of more than Rs 7 trillion had already been received by the state government.

He talked about the potential of the commercial, cultural, spiritual and social values, traditions, dimensions of UP from the point of view of investment.

Speaking about the Jewar International Airport in Noida, Yogi said the state had acquired land for the fourth phase of construction of Asia’s biggest airport with farmers willingly giving up their land for the flagship project.

“We have 11 percent of the country’s agricultural land but we produce 20 percent of food grains. With a little more effort, we can alone produce more than 30 percent of the country’s total food grain requirement,” he said.

He underlined UP offered growth opportunities in sectors including agriculture, food processing, dairy, startups, infrastructure development, defence production etc.

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The industrialists and bankers present in the Mumbai roadshow included Niranjan Hiranandani; Darshan Hiranandani; CII President and Bajaj Finserv Limited chairman Sanjeev Bajaj; Kotak Mahindra Bank CEO Uday Kotak; SBI CMD Dinesh Kumar Khara; SIDBI Chairman and MD Shiv Subramaniam Raman; Exim Bank MD Harsha Bangari etc.

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