The campaign of Chief Minister Yogi Adityanath-led government in Uttar Pradesh to attract investments worth more than Rs 10 lakh crore to the state through the Global Investors Summit 2023 is getting overwhelming support abroad as on the spot MoUs are being signed. Global Investors Summit-2023 (GIS-2023) will be held in Lucknow from February 10 to 12 next year.
The teams sent by Chief Minister Adityanath to Frankfurt (Germany), London ( UK) and Toronto (Canada) to invite foreign investors to UP GIS-2023, have held road shows to discuss the possibilities of investment in various sectors in the state as well as the government’s investor-friendly policies with the officials of the respective countries, generating a lot of interest among foreign investors.
Ahead of the road show in Toronto, during a one-to-one business meeting on Friday night, CEO of My Health Center, a Canadian company, Suresh Madan, inked an MoU worth Rs 2050 crore with the delegation from Uttar Pradesh for setting up a multi-specialty hospital and medical college and medical device manufacturing unit in Kanpur.
The delegation that held a road show in Toronto was headed by Assembly Speaker Satish Mahana. Animal Husbandry Minister Dharampal Singh Saini and Chief Secretary Durga Shankar Mishra assured investors of safe investment in Uttar Pradesh and also answered their every query. About 80 investors from the Indo Canada Chamber of Commerce were present on the occasion.
Invest UP and Canada India Foundation (CIF) have joined hands for the promotion of UP GIS-2023. CIF will act as the brand ambassador of Uttar Pradesh in Canada. Earlier, the delegation met representatives of companies like My Health Centre, OMERS, IMEC, OTPP at a dinner hosted by the Indian Consulate in Toronto and invited them to UP GIS-2023.
In Frankfurt, Industrial Development Minister Nand Gopal Gupta ‘Nandi’ invited German investors to Uttar Pradesh during the road show. He assured the investors of all possible cooperation. PWD Minister Jitin Prasad and other officials informed business organisations about investment opportunities in UP on the occasion.
The panellist, Director, India and Asia Pacific, IHK Frankfurt am Main, CCI in Hesse, called upon the German business community to look at the upcoming GIS in Lucknow as a great platform for investment opportunities in UP.
The delegation also had extensive discussions with the mayor of the city, Uwe Becker. Strong partnership between Uttar Pradesh and Frankfurt for vocational training in skill manpower, aviation, mobility, pharmaceutical and IT sectors was also discussed. Key players including Motherson Group, Samson Group, Innoplexus, ZaaK Technologies expressed their intent to invest in UP.
The focus during the road show led by Uttar Pradesh Finance Minister Suresh Khanna was on the defence sector. The aim of the road show was to further deepen the business relationship between the two countries through the UK-India 2030 Roadmap. Trade between the two countries is set to amount to 29.6 billion British pounds in FY2022, up 37.1 per cent from the previous year.
On this occasion, the delegation met the representatives of ADS Group Limited and UK Defence and Security Exports Division Department. During the meeting, discussions were held on how UK’s defence industries can contribute to realising the potential of UP’s Defence Corridor.
The delegation also met Paul West of BAE Systems. BAE Systems is a leading global defence manufacturer, preparing for big investment in the state BAE Systems was also present in Lucknow in the past. Apart from this, the delegation met representatives of the Martin Baker Aircraft Company Ltd and invited them to UPGIS 2023. During the meeting, they discussed how Uttar Pradesh can partner with the company in the defence and aerospace sector.
Earlier, the delegation also met representatives of Thales Group and discussed with them how the Noida-based headquarters of the Thales Group in India could increase its presence in Uttar Pradesh. The delegation also met Patrick Horgan, Director of Global Network and discussed the potential of UP in the defence, aerospace and civil aviation sectors.
Meanwhile, Deputy Chief Minister of UP Brajesh Pathak along with other senior members of delegation inaugurated the exhibition on ‘Lok Mein Ram’ curated by the Lalit Kala Akademi, New Delhi, at Gurudev Tagore Indian Cultural Centre, in Mexico.
Rajneesh Dube, Additional Chief Secretary, Animal Husbandry Department, Government of Uttar Pradesh, highlighted the opportunities in the dairy sector during a road-show in Mexico and invited the business fraternity of the country to explore investment opportunities in UP.