UP hopes to draw INR 10 trillion in investment!

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Lucknow, India (CU)_ During the upcoming ‘Global Investors Summit’ which is scheduled to take place in January 2023, Uttar Pradesh plans to attract around INR 10 lakh crore worth of industrial investment into the state over the next five years. A government representative stated that the state has become a hub for industrial investment in the country, and Chief Minister Yogi Adityanath has ordered authorities from all ministries to give their best to accelerate the growth to the next level. He also urged the officials to draw more investments into the state.

The chief minister instructed authorities to aim for INR 10 lakh crore in investment during the summit. He also expressed pride over the state’s growth in the recent years. He said, “Imbibing Prime Minister Narendra Modi’s mantra of ‘Reform, Perform and Transform’, Uttar Pradesh is moving fast towards becoming the second largest economy of the country. As of now, it is at the number six. The ‘Uttar Pradesh Global Investor Summit’ is a great opportunity to boost the new aspirations of Uttar Pradesh. The state must work and eye an investment target of Rs 10 lakh crore.”

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According to the chief minister, the first day of the summit will entirely concentrate on the MSMEs. He also stated that the Global Investor Summit of UP should be widely publicized by conducting roadshows in nations such as the United Kingdom, the United States, Canada, the United Arab Emirates, Sweden, Singapore, the Netherlands, Israel, France, Germany, South Korea, Mauritius, Russia, and Australia.

The CM expressed pride over Singapore’s proposal to join Uttar Pradesh as a partner for the Global Investors Summit. He said, “We must send our teams to these countries, so that a conducive environment of UP may be created in countries of significance to the industrial world”.

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