Uttar Pradesh Industrial Development Minister Satish Mahana today invited investors and industrialists from Karnataka to invest in developing an information technology park in his state.
Mahana said the government, led by Chief Minister Yogi Adityanath, has increased the corpus fund for start-ups from Rs 100 crore to Rs 1,000 crore.
He was speaking to reporters before hosting a Road Show to attract investors to attend the UP Investors Summit on February 21 and 22 next year.
Mahana also said the Uttar Pradesh government has offered a numberof schemes to woo investors such as concession in power tariff and exemption in Provident Fund deposits.
He said a major change was happening in the state, where there is a huge possibility for industries which would be given a huge number of facilities.
"Our industrial policy attracts investors from across the country.Industrialisation is our government's priority and you will see our state becoming an industrial hub in the coming days,"Mahana said.
He said the Uttar Pradesh government has decided to give more incentives to those investing in Eastern Uttar Pradesh and Bundelkhand region.
"We are also bringing in the Single Window Systemwhere the investor will get all no-objection certificates as part of our policy of ease of doing business," he said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
