UP Global Investor Summit: CM Yogi Adityanath Plans Roadshows Abroad, Aims Rs 10 Lakh Crore Investment

The preparation for the global summit scheduled in January 2023 has already started and there are chances of Chief Minister Yogi Adityanath visiting one of the foreign countries.

Uttar Pradesh Chief Minister Yogi Adityanath

Source : Getty

Chief Minister Yogi Adityanath has started working towards the action plan of global branding of Uttar Pradesh in view of the Global Investor Summit scheduled next year. The preparation for the summit scheduled in January 2023 has already started, said a press release, according to news agency ANI. There are chances that the UP Chief Minister may also visit one of the countries during a tour, as per the report.

The road shows will be organised by a team of Uttar Pradesh ministers in various countries focused on spreading awareness on the potential and possibilities of business in the state. The target of industrial investment to the tune of Rs 10 lakh crore has been set, as per the statement.

People from the industrial world will be invited who would be aprised about the investment-friendly environment of the state, the press release noted. Apart from this, dialogue with Indians living overseas, especially with people from UP, will also take place on the changing environment and future action plan of the state.

CM Yogi described the Global Investor Summit as a big opportunity to “flight the aspirations of a new UP”.

Which countries will be part of the road show?

Singapore has shown keen interest and wanted to become the first country partner for the UP Global Investors Summit.

It is to be noted that Netherlands, Japan, Slovakia, Finland, Czech Republic, Mauritius, Thailand, Nepal, and Belgium were partners in the 2018 Investor Summit. Along with these countries, road shows are being organised in countries like the UK, USA, Canada, UAE, Sweden, Singapore, Netherlands, Israel, France, Germany, South Korea, Mauritius, Russia and Australia. Ministers are likely to visit countries between September-November.

What is the grand plan for the global summit?

It is being planned that team of a Cabinet minister can include one independent charge (Minister of State) and one Minister of State. Looking at the huge employment opportunities from industrial investment, the Chief Minister has asked for timely changes in the rules to boost the industrial investment environment.

UP will invite investors in Food Processing, Handloom, Powerloom, IT, Bio Fuel, Film and Media, Tourism, Solar Energy, Electric Vehicles, Animation, Visual Effects, Gaming and Comic Industry, Toy Manufacturing, Civil Aviation, Housing and Real Estate ahead of the foreign visits by ministers.

Preparations are being made from villages to metros for the expansion of the land bank in the state.