UP Will Be Investor Friendly: Yogi Adityanath Tells Big US Firms

Led by Boeing, the delegation of major US firms that included major American companies such as Facebook, Adobe, Coca Cola, Mastercard, Monsanto, Uber, Honeywell, P&G, Oracle and GE Health and Cargill met Uttar Pradesh Chief Minister Yogi Adityanath

1.3K Shares
EMAIL
PRINT
COMMENTS
UP Will Be Investor Friendly: Yogi Adityanath Tells Big US Firms

Yogi Adityanath met representatives of 26 major American companies on Monday.

Lucknow:  Uttar Pradesh Chief Minister Yogi Adityanath met representatives of over two dozen US companies which are exploring investment opportunities in the state. The state's strong economy will act as a backbone to strengthen the India-US ties, Yogi Adityanath said, assuring his government's commitment towards providing investor-friendly environment atmosphere.

A 50-member delegation, representing 26 major US firms, arrived in UP under the aegis of US-India Strategic Partnership Forum (USISPF). Led by Boeing, the delegation that included major American companies such as Facebook, Adobe, Coca Cola, Mastercard, Monsanto, Uber, Honeywell, P&G, Oracle and GE Health and Cargill has shown keen interest in the state. 

They had an interaction with state cabinet minister Siddharth Nath Singh who welcomed them to UP "to fulfil our 'Sankalp Patra' by creating employment opportunities through your investment".

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

Mr Singh informed them that "Yogi Adityanath government's narrative is different from the previous governments". "We will give you a red carpet welcome in the true spirit of Atithi Devo Bhava (guest is God)," he added.

He also said that a small delegation had visited the state two months ago ahead of the "big meet". He said the foundation for the tour was laid by Prime Minister Narendra Modi in the US in June when he invited CEOs of top US companies to invest in India, saying "GST was a game changer that made the country a business-friendly destination". 

For ease of doing business, the Chief Minister said, a single-window system has been set up under his office's supervision through which prompt clearances and permissions are granted to investors. 

Uttar Pradesh has recently come up with an Industrial Investment & Employment Promotion Policy to stabilise and make existing industries more competitive and to attract international and national investments in the industrial sector. 

(With inputs from PTI)

................................ Advertisement ................................

................................ Advertisement ................................

................................ Advertisement ................................