UP govt to organise 'Investors Conclave' in New Delhi on Jun12

In a bid to attract investment in infrastructure and industrial sectors in Uttar Pradesh, the state government would organise an Investors Conclave in New Delhi on Thursday.
"In the development agenda of the UP government emphasis is being given on increasing capital investment. This investment should increase in infrastructure and industrial sector. For this an investors conclave is being organised in Delhi on June 12," state's Chief Secretary Alok Ranjan told reporters here today.
"The objective of the conclave is to have an open interaction with the investors during which they will be informed about the policies of the UP government," he added.

He said that Chief Minister Akhileh Yadav would attend the conclave himself, which would be attended by the ambassadors of seven countries.
Ranjan said that during conclave a presentation would be made on "why UP", why investors should invest in the state.
"After this one to one meeting will be held with the investors during which their queries will be answered," he said.

Ranjan said that possible Memorandum of Understandings (MoUs) could be signed during the conclave.
"Including both the sectors MoUs Rs 25,000 crore are expected to be signed, but it depend on the discussions," he said, adding that after Delhi conclave a similar event would be organised in Mumbai and the series of such events would culminate with a Global Investors' Summit at Agra in February next year.

The CS said that the government was already receiving intentions to invest.
In a reply to power and law and order situation in the state he said,"we will assure them that you set up a industry and we will provide you a conducive atmosphere. The government is taking steps to strengthen power and law and order situation. We will assure that 24 hours power will be given to the industries."
Regarding Agra summit last year Ranjan said that during that event the government announced its policies.
"After that we received proposals of Rs 1,400 crore in food processing sectors. We achieved the target of poultry fixed for three years with a year only. We have received proposals of Rs 8,250 crore for mega projects," he said.