Lucknow, 09 December: A delegation of Australian investors on Friday met Uttar Pradesh Chief Minister Yogi Adityanath at his official residence here. During the meeting, the delegation — led by Australia’s Deputy High Commissioner to India Sarah Storey — discussed the possibilities of investment in various sectors in Uttar Pradesh and expressed its enthusiasm for participation in the Global Investors Summit 2023, the state government said in a statement.
The chief minister said the Uttar Pradesh government is organising a Global Investors Summit 2023 in Lucknow from February 10 to 12 next year.
While welcoming the delegation, CM Yogi said, ?It is very pleasant that today a delegation from Uttar Pradesh is discussing the possibilities of investment in UP with the representatives of the industrial world and investors in Germany, a delegation from Australia (group of industrial investors) led by Deputy High Commissioner Sarah Storey is in the state capital to get a firsthand feel of the industrial environment of Uttar Pradesh.
With the aim of increasing the per capita income in the state, it is our endeavour that the country and the world can be benefited from the immense business opportunities available in the state. This Investors Summit will prove useful in providing an integrated platform to the global industrial world to cooperate in economic development. The cooperation of Australian entrepreneurs/investors will be useful in taking this summit to new heights, said the CM.
He said, ?Uttar Pradesh is the largest populated state in India with a population of about 250 million crores. This is the heartland of India. The fertile land here is the basis of the prosperity of this region. We stand first in the production of food grains in India. Sugar and ethanol are mostly produced here. We are number one in the country in the production of various vegetables and fruits. State blessed by nature and God, is today creating a new identity as the growth engine of India’s economy.?
The Chief Minister said that UP is the fourth largest state in India in terms of size. Our state is home to 25 crore citizens, making it India’s largest labor and consumer market. The Government of Uttar Pradesh is developing infrastructure at a rapid pace to ensure seamless connectivity through air, water, road and rail networks, which will enhance the accessibility of logistics to enable industries to access global and domestic markets.
Informing about the excellent connectivity available in the state, the CM said that with 07 functional and 06 under-construction expressways, Uttar Pradesh has world-class road connectivity as an ‘expressway state’. These expressways provide seamless connectivity to manufacturing centers across the state. Uttar Pradesh is going to become the only state in the country to have 05 international airports. The country’s first inland water-way is being developed here.The largest rail network is in Uttar Pradesh.
?We have the most fertile land in the world, the richest water resources. Uttar Pradesh is working on a plan to promote natural farming in the form of zero budget toxic farming. This will be a very useful effort in increasing the income of the farmers,? said CM Yogi.
Uttar Pradesh is a big state, so there are many challenges before us. These challenges encourage us to set big goals for ourselves and work hard. It is a matter of pride for us that our management policy for the global pandemic COVID-19 has been appreciated by many global organizations including the World Health Organisation. Despite all the challenges, today Uttar Pradesh is moving ahead with its big goals as a power surplus and revenue surplus state.
The Chief Minister said that the government is working on several industrial projects in the state. We are doing 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.
He said that the government is working on several industrial projects in the state. One of the two Defense Industrial Corridors being established with the aim of making India self-reliant in the field of defense production is being developed in Uttar Pradesh. Under this, 6 nodes, Agra, Aligarh, Kanpur, Lucknow, Jhansi and Chitrakoot have been identified in Uttar Pradesh. Apart from this, there is immense investment potential in the service and hospitality sector as well.
After answering various queries of the Australian team, the Chief Minister invited everyone to invest in the state. He said that the state government has been protecting the business interests of its investors. Our policies will be to encouraging the global world.
