Ahead of the big ticket Global Investors Summit (GIS) 2023 beginning tomorrow, the Uttar Pradesh government is eyeing massive investment in the sports manufacturing space.
The three-day GIS during Feb 10-12 will position UP as a global investment hotspot across different sectors, and contribute towards the overarching goal of the state becoming a $trillion economy by 2027.
The UP sports department will host a session titled ‘Harnessing Opportunities in the Sports Sector in Uttar Pradesh’ at the GIS venue on Feb 12. Eminent personalities will discuss various sports opportunities in the state.
According to estimates, the sports industry will grow from $27 billion to $100 billion over the next five years. As such, Yogi Adityanath government 2.0 wants to make UP a sports hub. The GIS 2023 is expected to contribute significantly to this end.
Meerut district in UP is world famous for its flourishing sports manufacturing industry.
Meanwhile, some of the prominent speakers at the GIS sports session include Abhinav Bindra, Suresh Raina, Carlos Ezpeleta, Udit Seth, Yannick Colaco, Paul V. Jensen, Dwight Howard etc.
UP has a glorious sports history. Players like Major Dhyan Chand (Hockey), KD Singh Babu (Hockey), Mohammed Shahid (Hockey), SM Ali Saeed (Hockey), Narendra Hirwani (Cricket), Syed Modi (Badminton), Suresh Raina (Cricket) are among the sports legends hailing from the state.
It is expected that the HCL Foundation, Dwight Howard, Rugby India Dream Foundation, Fancode, Moto GP, TransStadia, Abhinav Bindra Targeting Performance, European Business and Technology Center, Vistara, University Sportech, JSW Sports, and HAL State Sports and Fitness will sign MoUs for big investments in the state sports industry.
UP additional chief secretary (sports) Navneet Sehgal said the Yogi government has been proactive in promoting and implementing Prime Minister Narendra Modi’s Khelo India athlete development initiative, as well as developing its own sports strategies.
“It is our goal to see UP at the forefront in sports sector as well along with other fields. The GIS will be helpful based on the existing ecosystem,” he noted.