Prime Minister Narendra Modi on Friday inaugurated the Uttar Pradesh Global Investors Summit 2023 with a call to industry giants of the country and abroad to invest in the state, which, he said, was now known for good governance, better law and order situation, peace and stability.

“New opportunities for wealth creators are being made here,” the PM said while drawing attention to the unwanted tags like under-development, BIMARU, and the poor law and order situation that were attached to Uttar Pradesh in the past. Scams worth thousands of crores were unearthed on a daily basis in earlier times, he noted.

While highlighting the robust partnership between the resolve of the double-engine government and the possibilities in the state, he urged the investors and industry leaders to not waste any more time and become a part of the prosperity.

“The prosperity of the world lies in the prosperity of India and your participation is very important in this journey of prosperity,” the PM said while addressing the gathering of top industrialists. He underlined that UP has become a bright spot for the nation just like India has become a bright spot on the global stage.

Modi also stressed that initiatives for better infrastructure in UP were bearing fruit. He said very soon UP would be known as the only state with five international airports. Freight corridor would connect the state directly with the sea coast in Maharashtra. He also noted a meaningful change in the government’s thinking in UP for ensuring ease of doing business. “Today UP has become a source of hope and inspiration,” he added.

The PM said due to the digital revolution, Uttar Pradesh society has grown inclusive and connected. “As a market, India is getting seamless. Procedures are being simplified.

“Today, India is carrying out reforms not out of compulsion, but out of conviction,” he said.

The PM said that every credible voice in the world was optimistic about the ascending course of the Indian economy as it has not only shown resilience in the face of the pandemic and war but also rapid recovery.

He emphasised that today India, in real terms, has started moving on the path of speed and scale as basic needs of a very large segment have been met and they were thinking ahead. ”This is the biggest reason for the trust in India,” he added.

Speaking on the Union Budget, the PM underlined the growing allocation for infrastructure and talked about opportunities for investors in health, education and social infrastructure. Similarly, he invited the investor to the opportunities in the green growth path that India has embraced.

Welcoming industry leaders and policymakers both as the PM and as a Member of Parliament from the state, Modi underlined that the land of UP was known for its cultural splendor, glorious history and rich heritage.