Anand Mahindra meets CM Yogi, discusses possibilities of investment in UP

Lucknow: Chairman of Mahindra Group Anand Mahindra met Chief Minister Yogi Adityanath at his official residence on Monday. In light of the upcoming Global Investors Summit, investment proposals from the group in Uttar Pradesh were discussed during this important meeting.

■ Greeting Anand Mahindra on his arrival in Uttar Pradesh, the Chief Minister said that the Mahindra Group has expertise in various sectors including aerospace, agribusiness, automotive components, construction equipment, defence, energy, agricultural equipment, finance and insurance, industrial equipment, information technology, hospitality, logistics, real estate, retail and education. Uttar Pradesh will greatly benefit from the group’s long experience, technology, research and innovations.

■ Referring to 25 sectoral policies of the state, the Chief Minister said that keeping in mind the needs and expectations of the industry, we have prepared our policies. The state has a huge land bank and open power access. Here the interest of the investors is protected. All these facilities will be made available to the Mahindra Group by the government.

■ Describing the Chief Minister’s industrial development policies as encouraging for the industry, industrialist Anand Mahindra said that Uttar Pradesh’s better law and order, practical sectoral policies, simple system and large population create investment-friendly opportunities for the Mahindra Group. The group is excited to contribute to the development of Uttar Pradesh, the largest state in the nation.

■ Industrialist Anand Mahindra said that investment proposals from the group were discussed in a special meeting with the Chief Minister in Mumbai (Maharashtra) on January 5. The group is preparing a detailed action plan on all those proposals. All those proposals will be implemented in a phased manner under the guidance of the Chief Minister.

■ Chairman of Mahindra Group said that Club Mahindra will be expanded at tourist places to tap the immense possibilities of tourism in Uttar Pradesh. This will help tourists and new means of employment will also be created.

■ Enhancing efforts to incorporate technology in the agriculture sector, Anand Mahindra said the Mahindra group is keen to set up a unit in Uttar Pradesh to manufacture farm machines.

■ Describing the electronic vehicle policy of Uttar Pradesh as encouraging, Anand Mahindra said that the Mahindra group is working on a plan of big investment in the EV sector. From this point of view, Uttar Pradesh is our first choice. A detailed action plan is being prepared for this.

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