new Delhi. Taking the message of Chief Minister Yogi Adityanath, ‘Team UP’, which went on a global tour to invite entrepreneurs, companies and institutions from all over the world to invest in Uttar Pradesh, has returned to the state with unprecedented success. In the Investors Roadshow organized in 21 cities of 16 countries before the proposed Global Investors Summit in Lucknow on February 10 to 12, 2023, immense enthusiasm was seen among entrepreneurs everywhere to invest in Uttar Pradesh. On Thursday, after returning from foreign tours, the ministerial groups presented details of the investment proposals received before Chief Minister Yogi Adityanath, sharing the experience of their tour.
Expressing happiness over the encouraging results of roadshows abroad, the Chief Minister reviewed the preparations for organizing the Global Investors Summit with the cabinet members and senior officials of the government and also gave necessary guidelines.
Respected Prime Minister has given the mantra of ‘Triple T’ to speed up the pace of development. Triple T stands for ‘Trade, Technology and Tourism’. Uttar Pradesh is continuously moving forward by imbibing these mantras. This is the first time after independence that the team from Uttar Pradesh went on a global tour with a big aim to invite investors from all over the world.
Our action plan to invite investors from all over the world to invest in Uttar Pradesh before the Global Investors Summit has met with overwhelming success. It is a matter of great pleasure that roadshows in 16 countries have paved the way for investment of more than Rs 7 lakh 12 thousand crore so far. Investment proposals worth Rs 4 lakh crore have been received from United Kingdom, United States of America alone. My congratulations to all the members of Team UP.
This success of the roadshow abroad has ensured that the Uttar Pradesh Global Investors Summit 2023 is going to be historic. Extensive investment will create a large number of employment opportunities, which will directly benefit our youth. Global Investor Summit – 2023 will become a major base in fulfilling the goal of making the state an economy of 01 trillion dollars.
Till a few years back, such a global investor invitation could not be imagined in Uttar Pradesh. Today, under the guidance of the Prime Minister, the policy of Team UP is correct, our planning is better. For the Global Investors Summit 2023, we have set an investment target of ₹10 lakh crore. Under the guidance of the Prime Minister, this Investors’ Summit will strengthen ‘Brand UP’ on the global stage.
Maintain constant contact with companies/institutions, industrial groups abroad with whom MOUs have been signed. For the purpose of better follow-up, a dedicated team should be formed under his leadership by nominating a senior officer as the nodal officer for each country. This team will provide every resource according to the needs and expectations of the investors. Necessary process should be completed by communicating with the industrial groups with whom the MoU is under process. After January 15, once again follow-up visits can be made to some countries as per the requirement. All investors should be invited to the proposed GIS in February. There should be proper arrangements for their hospitality.
In view of the future, it is necessary that a desk should be created for each country in Invest UP. This desk will maintain continuous dialogue with the investors of the concerned country. Find solutions to their needs. Will work to shape new possibilities. Today the youth of Uttar Pradesh are in every country of the world. These NRI youth are eager to give benefit of their talent and potential to Uttar Pradesh. We have to provide opportunities to these youths. Migrants of Uttar Pradesh have also formed organizations in many countries. Continuous dialogue-contact should be maintained with these organizations. During the G2G and B2G meetings abroad, many industrial groups have expressed their keenness to invest in the cities of Gorakhpur, Kashi, Prayagraj, Aligarh, Lucknow, Kanpur, etc., along with the areas of Noida, Greater Noida etc. in western Uttar Pradesh. Giving priority to these areas, every resource should be made available according to the needs of the investors.
Hospitality, Food Processing, Drugs & Pharma, Medical Device, Chemical, Tourism, Logistics-Warehousing, Green Hydrogen, EV Battery Manufacturing, MSME, Dairy, Education, Defense & Aerospace, Semiconductor, Drone Manufacturing, Agriculture, Textile, Steel Manufacturing, Horticulture Various industrial groups have given their investment proposals for investment in the sector, waste water treatment, data center, river basin management, etc. Companies like Dassault, Saffron, Air Liquide, Thomson, Saminea Corporation, Computing, Silas, HMI Group, Samsung, Ikea, Ericsson, Motherson, NTT Global, Mitsui, have shown enthusiasm. This investment proposal will become the foundation stone for the bright future of our youth.
With the inspiration and guidance of the respected Prime Minister, wherever Team UP went, there was positive support from the Indian Embassy everywhere. Maintain constant communication with embassies. A letter of gratitude will be written on my behalf to the Ambassadors/High Commissioners of all the 16 countries. Along with the foreign investors, we also have to contact the investors of our country. A new team should be formed for road shows to be held within the country. Independent charge ministers and ministers of state should be included in this. Roadshows to be held within the country should be completed by January 15.
Industrial groups already investing in Uttar Pradesh are our brand ambassadors. We should share their good experiences with other investors. All the groups that had returned from foreign tours presented detailed reports of their tours to the Chief Minister in the review meeting. All the groups expressed the need to continue the global tour of Uttar Pradesh team for industrial investment. Also informed about the expectations of the investors. On behalf of the group that went on Canada-USA tour, Cabinet Minister Dharampal Singh said that Uttar Pradesh is getting the biggest benefit from the personal image of the Chief Minister. People abroad have great respect for the working style and vision of the Chief Minister.
Investors are very impressed with the security system, investment friendly environment here. The whole state will get its benefit. Deputy Chief Minister Keshav Prasad Maurya, who returned from the Netherlands and France tour, told that investors in both the countries have great faith in India and their priority in India is Uttar Pradesh. The Netherlands has a large population of migrants from eastern Uttar Pradesh and Bihar. These people arrived in Suriname a century and a half ago as indentured laborers and are today in the Netherlands. In the coming February, 150 years of their migration are being completed. These people have deep affection for their motherland and are eager to be instrumental in the development of Uttar Pradesh. He told that the perfumes of France are famous in the world, there is a big market for the perfumes of Kannauj here. Efforts have also been made in this regard, the results of which will be seen soon.
On behalf of the group that returned from Australia and Singapore, Minister Swatantra Dev Singh said that all the investors were impressed by the picture of New India’s new Uttar Pradesh in the positive talks held during the roadshow. Various projects were discussed with the assurance of safety and convenience. Interaction with local NRI groups was also held. Big investments in renewable energy, urban development, agro tech, food processing were discussed in the B2G meeting held in Sydney. He said that we will also get the benefit of the free trade agreement signed between India and Australia recently. Singapore is a partner country in GIS, from here many companies are interested in entering the data center sector.
Minister Suresh Khanna, who returned from three cities tour of USA and UK, said that the changing conditions of Uttar Pradesh in these big countries is a matter of discussion for the investors. He said that discussions have been held with Hinduja Group and Rolls Royce for big investments. Hiranandani Group in London shared their good experience with UP. In addition, Saloni Hurt Foundation from San Francisco has decided to give a CSR grant of ₹415 crore to SGPGI Lucknow. Similarly, an MoU has been signed for Jio Thermal Power Technology for an investment of ₹41000 crore. Sify International will invest 8300 crores. Similarly, several big companies in sectors like renewable energy, hotel/hospitality, skill development, logistics, IT/ITES have proposed investment including ₹1000 crore in health ATM manufacturing.
On behalf of the group that returned from South Korea and Japan tour, Minister Jaiveer Singh and Minister Ashish Patel told that most of the technical companies from these countries have been investing in South India. Meeting the Uttar Pradesh team was his first experience. The way for heavy investment has been cleared. On behalf of the group of ministers who returned from Germany, Belgium and Sweden, Nand Gopal Gupta ‘Nandi’ told that the Uttar Pradesh team had gone on such a global tour for the first time, it was very encouraging for the investors. We should make such visits at regular intervals. He informed about the day-wise details of his tours.
Deputy Chief Ministers Brajesh Pathak and Sanjay Nishad, who returned from a tour of Mexico, Brazil and Argentina, told that there is an encouraging atmosphere in all the three countries regarding UP. Mexico has huge potential in food processing and agro and dairy sectors. Zebu Embryo Company has expressed keenness to work closely with the Agricultural University in Mathura. On the other hand, pleasant talks were held with several defense sector companies in Brazil.