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  • UP Investors Summit 2023: Today PM Modi will inaugurate Global Investors Summit...

UP Investors Summit 2023: Today PM Modi will inaugurate Global Investors Summit

The proposed investment of more than Rs 30 lakh crore through the summit will not only accelerate the economic growth rate of Uttar Pradesh, but will also fulfill the dreams of the youth by becoming a means of employment generation on a large scale. President Draupadi Murmu will be the chief guest of the closing ceremony on February 12.

  • By TNB Bureau
  • - Feb 10, 2023 02:36 AM
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UP Investors Summit 2023: Today PM Modi will inaugurate Global Investors Summit

Prime Minister Narendra Modi will inaugurate the UP Global Investors Summit-23 (UPGIS) in Lucknow on Friday. In the UPGIS, to be organized from February 10 to 12, big corporate personalities of the country and the world will be seen becoming partners in making Uttar Pradesh the best state. The proposed investment of more than Rs 30 lakh crore through the summit will not only accelerate the economic growth rate of Uttar Pradesh, but will also fulfill the dreams of the youth by becoming a means of employment generation on a large scale. President Draupadi Murmu will be the chief guest of the closing ceremony on February 12.

In this three-day convention of investors, the Union Minister will share the government's vision of double engine in the context of the progress of Uttar Pradesh. During this, Union Home Minister Amit Shah, Defense Minister Rajnath Singh, Road Transport Minister Nitin Gadkari, Railway Minister Ashwini Vaishnav, Civil Aviation Minister Jyotiraditya Scindia and all the ministers of the Modi government will inform the investors about the policies of the government in different sessions. At the same time, celebrities like Mukesh Ambani of Reliance Group, K Chandrasekaran of Tata Sons, Kumar Mangalam Birla of Birla Group, Anand Mahindra of Mahindra Group will be seen representing the investors.

The western part of Uttar Pradesh, also known as Paschimanchal, has been most successful in attracting investment. 45 percent of the total investment proposals and MoUs seem to be going into the account of this sector. The reason for this is the connection of this area with Delhi and its better infrastructure is also being told. The eastern part of the state i.e. Purvanchal is also attracting investors. This sector has also got many concessions under the industrial policy. Purvanchal seems to be getting 29 percent of the investment proposals received so far. At the same time, Madhyanchal and Bundelkhand have received proposals for 13-13 percent investment.

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