‘Double-engine’ UP seeks to pull in global investors

Brahmos to Banaras - The Yogi Magic

‘Double-engine’ UP seeks to pull in global investors

Reform-Perform-Transform working well, Yogi says

Yogi Adityanath said nearly Rs 3.5 trillion worth of private investment has actualised on-ground in investor-friendly UP.

By VIRENDRA SINGH RAWAT

LUCKNOW, Dec 11 (The CONNECT) - Uttar Pradesh Chief Minister Yogi Adityanath has made a strong pitch for the state’s military hardware industry at the ongoing Dubai Expo 2020.

In his message, Yogi talked about the prestigious defence manufacturing projects of Brahmos and Akash missiles already in the state kitty.

He asserted UP had taken a lead in defence manufacturing with Brahmos missile, under a joint Indo-Russian venture, proposed to be made at a greenfield plant in Lucknow.

“Moreover, Bharat Dynamics Limited is investing in Jhansi, while Rs 12,000 crore worth of investment has been realised in Aligarh node of the UP Defence Corridor,” he said in his video message yesterday to virtually inaugurate the UP Floor of the Expo’s India Pavilion.

“UP is one of the biggest industrial markets. Under the leadership of Prime Minister Narendra Modi and espousing the Reform-Perform-Transform principle, the state has taken initiatives to transform its industrial landscape,” he underlined.

The state will be showcasing its business attractiveness, sectoral developmental growth and investment opportunities across key sectors such as food processing, tourism, textiles, MSMEs, healthcare, education and start-ups at the Expo 2020 Dubai during the State Week from December 10 to 23 2021.

The CM said the state had launched single window clearance system called ‘Nivesh Mitra’ and a slew of policies, complimented by an improved law and order environment, which helped the state to achieve the 2nd rank in the Ease of Doing Business in 2019-20, in comparison to 14th rank in 2015-16.

He listed the mega expressway, metro, airports, industrial hubs etc to buttress his point of UP offering a mine of investment opportunities for the global investor community.

“Nearly Rs 3.5 trillion worth of private investment has actualised on-ground. UP has the highest number of MSMEs in India,” Yogi said, recalling the flagship One District One Product (ODOP) scheme, which was launched in 2018 to promote indigenous handicraft and industries.

The CM also showcased India’s inland waterways from Haldia to Varanasi even as he positioned Greater Noida as the confluence point of the Eastern and Western Dedicated Freight Corridors with big potential to become a logistics hub.

Recent News

Advertisement