Prime Minister Narendra Modi will virtually inaugurate the 7th edition of 'Invest Madhya Pradesh-Global Investors Summit', a flagship event of the state government, in Indore on Wednesday. The theme of the two-day summit is 'Madhya Pradesh-The Future Ready State', an official said. After the inaugural address by Modi, Guyana President Dr Mohamed Irfaan Ali and Suriname President Chandrikapersad Santokhi will also address the meet, the official said. Union Commerce and Industry Minister Piyush Goyal will also address the meet virtually. A total of 447 international delegates from 84 countries, 401 international buyers, more than 5,000 industrialists and representatives of various international industry associations, and representatives of all G20 countries will take part in the event, the official said. The key objectives of the event are - showcasing industrial ecosystem of the state, promoting the state policies, consultation with industrial organisations to formulate ...
Since UP is itself aiming to become a trillion-dollar economy, the global investors summit is expected to give a major fillip to the endeavour
Pitching Uttar Pradesh as a safe investment destination, Chief Minister Yogi Adityanath on Thursday assured industrialists of a strong law and order situation devoid of fear and free of land mafia. "You must have seen that before 2017, there used to be riots every other day, now the law and situation in the state is very strong. We formed an anti-land mafia task force and vacated over 64,000-hectare land from their clutches," the chief minister said. The chief minister told investors that today no goon can collect tax from any businessman or contractor or harass them in Uttar Pradesh. "Even political donations cannot be taken forcibly," he added. The chief minister is on an eight-city roadshow to promote the 3-day UP Global Investor Summit 2023 in Lucknow from February 10-12. "Our team has already visited 16 countries and 21 cities, inviting investors to come and visit the UP Global Investor Summit 2023. We have already garnered Rs 7.12 lakh crore investment intent for the state,"
Ahead of the Global Investors Summit, the Uttar Pradesh government has signed initial pacts worth Rs 19,265 crore with firms in the US and Canada. A the team under the leadership of Assembly Speaker Satish Mahana and Animal Husbandry Minister Dharampal Singh showcased the state before investors in the US and Canada and held about 51 government-to-government (G2G) and business-to-business (B2B) meetings in the span of three days. As many as 27 letters of intent worth more than Rs 41,000 crores were received, out of which eight proposals were converted into memorandum of understanding (MoU), a release said. Of these MoUs, 4 strategic partnerships were signed. The MoUs on the remaining 19 proposals are expected to be signed before GIS-23, it added. The maximum investment in the MoUs signed so far is going to be in the Logistics, Defence and Aerospace sectors. Mobility Infrastructure Group will invest Rs 8,200 crore in this sector within the state. With this, about 100 employment ...
UP government signed a MoUs with six UAE-based companies worth Rs 18,590 crore with six companies of the UAEs ahead of the Global Investors Summit to be held in Lucknow in February
The Uttar Pradesh government will hold roadshows in the states to attract domestic industrial groups for its Global Investors Summit to be held next year, according to an official release. The state government recently sent a group of ministers on a global tour to invite foreign investors for the summit and seek investment in the state. The release said that investment commitments of Rs 7.12 lakh crore, including of Rs 4 lakh crore from the UK and the US alone, have been received ahead the Global Investors Summit to be held in February next year. After the return of the group from global tour, Chief Minister Yogi Adityanth has directed holding road shows in different states of the country for inviting investors of the country, the release said on Friday. The chief minister reviewed the preparations for organizing the Global Investors Summit with the cabinet members and senior officials on Thursday. A new team should be formed for road shows to be held within the country. Independe
Also in a bid to attract industrial investment, the government has decided to allot 2,458 acres in the Mohasa-Babai industrial area, Narmadapuram district
The Yogi government has set a target of attracting an investment of Rs 10 trillion
CM Shivraj Singh Chouhan said MP's policy of providing facilities to investors was the best in the country. The state government has committed itself to extending full cooperation to investors
Samajwadi Party chief Akhilesh Yadav on Wednesday asked who will come from abroad to invest in Uttar Pradesh when even industrialists from India are not visiting the state. The statement was aimed at the Uttar Pradesh Global Investors Summit-2023 (UPGIS-2023). "In the last five years, many investor meets have been organised but their result has been nil. People are asking when industrialists from our country are not coming to UP, then who will think to come here to invest from abroad," he said in a statement issued here. The Yogi Adityanath-led state government will organise UPGIS-2023 from February 10 to 12, 2023 with the aim to make Uttar Pradesh the "most preferred investment destination" and a trillion-dollar economy. The chief minister along with his deputy chief ministers and other ministers is likely to visit abroad to attract investors. "The attempt is to mislead people," Yadav said, adding by showing them dreams of investment. He said these foreign trips are a way to avo
Starbucks co-founder Zev Siegl, who was on a visit to India to attend Global Investors Meet in Bengaluru, was seen at a restaurant enjoying filter coffee and masala dosa
Union Minister G Kishan Reddy on Saturday asked all states of the northeast region to create an investor-friendly ecosystem and suggested the authorities concerned to organise a global summit to attract investments. Reddy, the minister for Development of North Eastern Region (DoNER), directed senior officials to prepare an action plan for the proposed global investors' conclave in the coming months. "A global investors' summit for NE should be organised soon, and all state governments should start undertaking measures for developing an investor-friendly ecosystem," he said while addressing the 70th Plenary Session of the North Eastern Council (NEC) here. Various measures, such as changing existing policies to suit the needs of investors, digitising land banks with plot level information, simplifying processes, providing a single window clearance system and developing an inventory of readily investible projects, must be undertaken. Each state of the region should work on establishin
The proposed policy is likely to be ready by month-end to ensure its implementation before the mega UP global investor summit in January 2023.
UP is setting its sights on Rs 10 trillion in fresh investment from domestic and multinational companies at the high-ticket event
Uttar Pradesh expects to attract Rs 10 lakh crore worth of industrial investment over the next five years during the 'Global Investors Summit' it plans to host in January next year
Hectic preparations have begun for the Global Investors Summit in Uttar Pradesh, which will pave way for making the state a $1 trillion economy
Projecting the Haryana as one of the most progressive consumer markets
Summit would position UP as an ideal investment destination globally; CM second 'ground breaking' ceremony for pending industrial and infra projects
In past, GIS had included MSMEs but they were somehow shadowed with presence of large number of big-ticket investors