CM Yogi Adityanath: Got Rs 7 lakh crore investment proposals

The eight teams, made up of 14 ministers and 35 other officials, informed Chief Minister Yogi Adityanath on Thursday night that they had visited 16 countries and returned with 149 memorandums of understanding and investment proposals totalling $0.0712 billion. The government reported that the US and the UK are the only countries from which investment requests totaling $4000 billlion have come. Prior to the Global Investors Summit, which is planned to take place in Lucknow in February of next year, a group of ministers and senior officials travelled to 16 nations to solicit investment offers. The UP government has set a goal of achieving investment proposals worth $100 billion at the Summit. According to officials, the industries in which investors have expressed interest include hospitality, food processing, pharmaceuticals, medical devices, chemicals, tourism, logistics-warehousing, green hydrogen, EV battery manufacturing, MSMEs, dairy, education, defence & aerospace, semiconductor, drone manufacturing, agriculture, textile, and steel manufacturing. The CM instructed officials to form a specific team for each nation to follow up with the investors after their presentations. Additionally, he instructed the teams to continue to communicate with the businesses, universities, and industrial groups with whom MOUs have been signed and, if necessary, make follow-up trips to the nations after January 15. By designating a senior officer as the nodal officer for each nation, a committed team should be created. The CM was quoted by an official as saying, This team will deliver every resource in accordance with the needs and expectations of the investors. For greater coordination, officials were also instructed to set up separate desks for each of the 16 nations. It was agreed to build a new team made up of independent charge ministers and ministers of state for similar roadshows across the nation. The CM stated that these domestic roadshows had to be finished by January 15. Upon his return from a trip to the Netherlands and France, Deputy CM Keshav Prasad Maurya reported that both nations' investors had stated that UP was their top priority in India. Cabinet Minister Swatantra Dev Singh, who recently travelled to Australia and Singapore, claimed that during their business discussions in Sydney, huge investments in agrotech, urban development, renewable energy, and food processing were discussed. Additionally, he asserted that the recent free trade agreement between Australia and India will be advantageous to the state. Visits should occur frequently, according to Industrial Development Minister Nanda Gopal Gupta, also known as Nandi, who recently travelled to Germany, Belgium, and Sweden.