World can be benefited from the immense business opportunities available in the state – CM Yogi
Lucknow: Impressed by the favorable environment of Ease of Doing Business and Ease of Starting Business in Uttar Pradesh, a group of Indian entrepreneurs paid a courtesy call to Chief Minister Yogi Adityanath. During the meeting, the industrial team discussed the possibilities of investment in various sectors in Uttar Pradesh, as well as expressed enthusiasm for participation in the Global Investors Summit 2023.
CM Yogi said that the Uttar Pradesh government is organizing a Global Investors Summit in Lucknow from February 10 to 12, 2023. With the aim of increasing the per capita income in the state, it is our endeavor that the country and the world can be benefited from the immense business opportunities available in the state. The CM said that the Uttar Pradesh government is working on several industrial projects in the state.
Industrial development through policy driven governance by formulating around 25 policies to attract investment in various sectors including IT/ITeS, Data Centre, ESDM, Defense & Aerospace, Electric Vehicles, Warehousing & Logistics, Tourism, Textile, MSME, etc. Several corrective steps have been taken in the direction of creating a climate friendly eco system.
In the meeting, Avon Cycle Group proposed an investment of Rs 500 crore, Hero Group Rs 350 crore, WAP Group Rs 2000 crore, Suryansh Group Rs 100 crore before the CM. Expressing happiness over the investment proposals, the CM assured to meet the needs and security of the investors, as well as directed the officers for timely implementation of the investment proposals.
The objective of the meeting held in collaboration with the Atal Purvanchal Industrial Development Council was to invite investors to Uttar Pradesh and facilitate them on a single window basis.
Pankaj Munjal, CMD, Hero Cycles, Omkar Singh Pahwa, CMD, Avon Cycles, Amit Sharma, CMD & CEO, WAP Group, TR Mishra, Boiler Group, Sunil Singh Patel, Suryansh Group, CM Tiwari, ESD Digital Group, etc. were present in the meeting. Industrialists were present.
