UP CM Mauritius-bound after rolling out red carpet to US firms

Lucknow, Oct 29 (PTI) After rolling out the red carpet toAmerican companies interested to invest in Uttar Pradesh,Chief Minister Yogi Adityanath is...
Updated on: 
3 min read

Lucknow, Oct 29 (PTI) After rolling out the red carpet toAmerican companies interested to invest in Uttar Pradesh,Chief Minister Yogi Adityanath is set to travel to Mauritiusthis week to invite NRIs to the state.

The chief minister will be on a three-day visit toMauritius from November 1, during which he will participate inthe Pravasi Bhartiya Diwas, a mega event to woo investors, asenior state government official said today.

Adityatnath is also likely to invite people of Indianorigin to participate in the NRI Diwas to he held in Lucknowin March next year.

During his stay in Mauritius, the chief minister willmeet NRIs and explore possibilities for investment in UttarPradesh, the official said.

He will also apprise them of the steps taken by hisgovernment to facilitate investors in the state and themeasures taken in this regard.

Adityanath recently met representatives of more than twodozen US companies exploring investment opportunities in thestate.

The state's economy will act as a backbone to strengthenthe India-US ties, Adityanath said, assuring the US firms hisgovernment's commitment to providing an investor-friendlyenvironment.

The 50-member delegation, representing 26 major US firms,had met the chief minister here under the aegis of US-IndiaStrategic Partnership Forum (USISPF).

Led by Boeing, the delegation that included major USfirms such as Facebook, Adobe, Coca Cola, Mastercard,Monsanto, Uber, Honeywell, P&G, Oracle and GE Health andCargill has shown keen interest in investing in the state.

They had a threadbare interaction with state cabinetminister Siddharth Nath Singh, who welcomed them to UP "tofulfil BJP's 'Sankalp Patra' by creating employmentopportunities through your investment".

The "US in UP" engagement emulated the "Vibrant Gujarat"model and showcased the state's investment avenues inchemicals, petrochemicals, pharmaceuticals, cement, gems,textiles and engineering sectors.

Singh told the visiting team that "Yogi Adityanathgovernment's narrative is different from the previousgovernments". "We will give you a red carpet welcome in thetrue spirit of Atithi Devo Bhava (Guest is equivalent toGod)," he said.

For ease of doing business, the chief minister said, asingle-window system has been set up under his office'ssupervision through which prompt clearances are granted toinvestors.

Uttar Pradesh has recently come up with an IndustrialInvestment & Employment Promotion Policy to stabilise and makeexisting industries more competitive and to attractinternational and national investments in the industrialsector.

Official sources said the state government has decided toorganise a Global Investors Summit here on the lines of BJP-ruled Gujarat and Madhya Pradesh.

The state government plans to combine the conclave withan event for NRIs in which prominent NRIs from Uttar Pradeshwill be invited to interact with business and industryleaders.

The state has been organising a UP Pravasi Diwas for thepast two years in an effort to strengthen the NRIs' bond withthe state and seek their help in its development.

The idea now is to organise this event like a fair whereNRIs's hailing from UP will be invited to Lucknow andencouraged to invest in various industrial and businessopportunities offered by the state as part of a new industrialpromotion policy announced by the UP government.

The fair will be combined with the Global InvestorsSummit where the NRIs will get a chance to directly interactwith the invited national and international business leaders.

The government expects the joint event to attractinvestment from both the NRIs as well as the business leaders.

A date for the events will be announced soon, the sourcesadded. PTI SMIABH.

This is unedited, unformatted feed from the Press Trust of India wire.