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UP to hold Global Investors Meet in October

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Lucknow | Wednesday, Feb 14 2018 IST
The Yogi Adityanath government in Uttar Pradesh will hold a global investors summit in October here to woo foreign investment into the state, officials said on Wednesday.

The government would hold roadshows in several countries, including the US, Germany, Japan, London and Dubai. The chief minister is likely to participate in some of them, they said. The global summit will follow a state-level summit on February 21-22 in Lucknow. The state government wanted to organise the global summit earlier but it was postponed on the advice of the Centre, which asked it to hold a national-level summit first. Officials said that investors' response has so far been good for the first-ever UP investors summit. "We are receiving a huge response in the UP investors summit and expect to achieve an investment of around Rs 2 lakh crore," they said.

The summit would see the launch of the government's One District, One Product (ODOP) policy to promote the state's products in the international market. A total of 6,757 people, including top industrialists of the country, have evinced interest in participating in the summit, which would be inaugurated by Prime Minister Narendra Modi. President Ram Nath Kovind and Union Finance Minister Arun Jatiley would be present at the valedictory session. Mauritius, Japan, Netherlands, Finland, Czech Republic and Slovakia are the six partner countries in this summit while Thailand has become the seventh partner country.

During the summit, the state government will also hold a special NRI session in which 10 people would be awarded with UP Pravasi Ratna. They would be given air fare from their countries with free stay in the state capital.

HCL chairman Shiv Nadar is likely to meet the chief minister in Lucknow on Thursday and both are expected to decide on some investment proposals.

The state government has accelerated implementation of new policies in all key sectors and identified land in each of the 75 districts for setting up industrial units.

The 11 key areas that have been identified for investments are civil aviation, IT-enabled services, dairy, electronics manufacturing, tourism, MSME, infrastructure, renewable energy, films, handloom/textile, and agro/food processing. UNI MB SB SRJ SHK 1605

-- (UNI) -- C-1-DL0196-1249665.Xml

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