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UP labelled ‘investment-friendly’; attracts investments from Indo-American industrialists

by Knocksense Team
16.12.2020
in Lucknow
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In a conversation with the Chief Minister of the state, at an Investment and Tourism programme organised under the banner of Uttar Pradesh Association of North America (UPANA), UP-American industrialists, appreciated the government’s policies for industrial development. UP-based industrialists, residing in America, have described the state’s present atmosphere as ‘investment-friendly’ and expressed a desire to work here. A short film focusing on the industrial development of Uttar Pradesh was also screened on the occasion.

Prayagraj Kumbh described as an ‘Intangible heritage of humanity’ by UNESCO

During this virtual conference, the Chief Minister was quoted saying, “In Uttar Pradesh, there has been immense compassion for nature and God. There are rivers like Ganga, Yamuna, and Saryu. Lord Shri Ram took birth in the holy city of Ayodhya. The state also has the land of human civilization development, Kashi, and the oldest city of the world including Mathura and Vrindavan. UP has unlimited opportunities for spiritual tourism and for the development of eco-tourism.”

The CM further added that the Prayagraj Kumbh has been described as an ‘Intangible heritage of humanity’ by UNESCO. The Chief Minister also said that the government is implementing planned efforts to convert these possibilities of UP into opportunities.

At the event, UPANA founder and trustee, Rakesh Aggarwal stated that his organisation is looking forward to participating in the development of the state. Many entrepreneurs who have their hometowns in UP and residing in America, today, want to make industrial investments in UP.

Industrial clusters along expressways to be a good opportunity for the private sector

Describing the development work in UP, the CM mentioned that the state government is currently engaged in building Bundelkhand, Purvanchal, Gorakhpur links and Ganga Expressway-Wedge. These expressways will also foster a speedy pace of development and there are even upcoming notions to develop industrial clusters along these expressways which will be a good opportunity for the private sector.

The Chief Minister even remarked that with a focus on expanding healthcare facilities, the government is making constant efforts to set up medical colleges in all 75 districts of the state. As of 2017, there were 12 medical colleges in the state. Although there are currently 16 such districts that do not have private or public sector medical colleges, the government will soon introduce a new policy, pertaining to this sector.

Counsel General of India, Randhir Jaiswal, residing in New York stated, “Uttar Pradesh is on the path of development today under the leadership of Yogi Adityanath. A new story of industrial development is being written here. UP is a great choice for Indo-American investors.” The founder of a pharmaceutical company, Rakesh Shrotria, who is originally from Sambhal and has lived in the US for 44 years, praised the dedication of the Chief Minister and proposed to set up a pharmaceutical company and cancer hospital in UP.

Similarly, Anil Chopra, chairman, and CEO of Petrotel Group of Companies, originally a resident of Meerut, also expressed his desire to invest in IT industries, education, solar, and wind energy sectors. Anil, living in Texas, proposed to invest Rs 5,000 crore and said that UP has the potential to become a state with a trillion-dollar economy.

Tags: lucknow citylucknow city newslucknow latest newslucknow newsup investment newsuttar pradesh latest newsuttar pradesh news

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