At Global Investor Summit Curtain Raiser, international allies see potential in U.P.

Delhi: Positive feedback was received from many countries of the world at the Curtain Raiser Ceremony of the UP Global Investors Summit 2023 held on Tuesday in the national capital Delhi. Representatives of many countries including Japan, Israel and Singapore were present in this program and described UP as an excellent destination for investment. These countries also expressed their commitment towards a strong business partnership with UP.

Singapore and India are already trading partners

Singapore’s High Commissioner to India Simon Wong said the ceremony is a great start for Uttar Pradesh towards achieving its target of a trillion dollar economy. Singapore and India are already trading partners and we are very confident about our engagement with UP. At the same time, Israel’s ambassador to India, Naor Gillon said, “We are already partners in water projects in Bundelkhand with the Uttar Pradesh government.” We are now excited to forge a strong partnership with the Government of UP in areas such as infrastructure, IT, innovation, defense and security.

India is an important partner for Japan

At the same time, Tsuchiya Takehiro, Counselor of Japan’s Economic Section, said that India is a very important partner for Japan. Right now there are 300 different companies in UP, including manufacturing etc. UP is a very good place from the point of view of logistics. The Government of Japan supports every economic cooperation in the development of the state.

Education Advisor to Chief Minister Professor DP Singh said that Uttar Pradesh has taken a leap in various fields, including education and skill development. Education and skill development will play an important role in fulfilling CM Yogi’s target of one trillion dollar economy.

Along with ease of doing business, the state government is now focusing on ease of starting business. UP has become the best state for new industrial projects. The two portals launched by Chief Minister Yogi Adityanath at the Curtain Raiser Ceremony of the Global Investors Summit held in New Delhi on Tuesday are going to be very useful in this regard.

Investment Chariot and Incentive Management System will provide convenience

A new online system called Nivesh Sarathi has been developed for direct connectivity with the investors. Along with this, an online incentive management system has also been developed. This portal will be like a one stop solution center providing convenience to the investors.

Investors will no longer have to go round the departments for getting incentives on investment through the policy of different sectors in the state. How much incentive will be given on which investment, how far the process of giving incentive has reached, in how many days the money will be deposited in the account, answers and information to all these questions will be available online. Direct monitoring of its progress after the MoU will also be easy.

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