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Uttar Pradesh Investors Summit 2018- An Insight

Uttar Pradesh- largest state of India is currently undergoing great facelift and makeover to impress investors, local and overseas.

The UP Summit will be held on Feb 21-22. Prime Minister Narendra Modi will inaugurate this meet on Feb 21.

Apart from repairing roads and decorating walls in Lucknow, the state government has accelerated implementation of new policies in all key sectors, including industry, food processing, and tourism.

Uttar Pradesh Investors Summit 2018 is expecting to get bigger investments from their participating investors.

Why is it so important for U.P.?

Uttar Pradesh Chief Minister Yogi Adityanath wants to woo India’s top industrialists during this two-day investor’s summit.

The government is not leaving any stone unturned to make this summit a grand success and achieve the targeted private investment commitment of Rs. 5 trillion.

One the inaugural day, chief minister would host a veg dinner for industry giants- Mukesh Ambani (Reliance Industries Limited), Ratan Tata (Tata Group), Kumar Mangalam Birla (Birla Group), Shiv Nadar, Gautam Adani and others.

About 5,000 guests, including top industrialists, investors, and bankers from across India and the world, are expected to attend the two-day summit.

Overseas Investment

Mauritius will be 6th partner country to participate in UPIS 2018. Former Prime Minister of Mauritius Anirudh Jagnath is likely to lead a high-level delegation from Mauritius to participate in the investors’ meet.

Other countries to participate in UPIS are Japan, Netherlands, Finland, Czech Republic and Slovakia.

UP chief minister, Yogi Adityanath will meet the partner countries’ delegations separately on Feb 21 and 22 as per the schedule.

During the Mayawati and Akhilesh Yadav governments, investment proposals worth Rs 500 billion were received by the state. However, most proposals proved to be mere photo-ops and never materialized due to the sloppy follow-ups, lousy policy, and perception of bad law and order.

Therefore, UPIS 2018 has become a matter of prestige for Yogi Aditynath, and hence, he has fueled all cylinders to impress participating investors and meet set investment target.

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