Yogi welcomes US in UP
Over two dozen American companies are all set to invest in multiple opportunities in Uttar Pradesh. The UP Chief Minister, Yogi Adityanath met the delegates and the representatives of the US-based firms and investors. The meeting emphasized on the fact, how the state’s stronghold in its economic matters is going to strengthen the ties between India and the US. The Yogi Adityanath led government is desperate to provide an investor-friendly environment to these delegates and investors, amid the chaos of the whole Taj Mahal row.
The delegation consisted of 50 members, which represented over 25 firms based in the United States. The partnership is taking place under the Strategic Partnership Forum for the US and India. Companies like Facebook, Coca-Cola, Mastercard, Adobe, Uber, Honeywell, Monsanto, GE Health, and Cargill have been keen to invest in the state.
The UP government is welcoming the move, and are rejoicing over the fulfillment of their ‘Sankalp Patra,’ which aimed at the generation of employment.
‘US in UP’ move is going to imitate the ‘Vibrant Gujarat’ model, or even surpass it if things go well. The UP state has various avenues for investment which can grow manifolds in all aspects. The avenues being chemicals, pharmaceuticals, cement, petrochemicals, textiles, and engineering sectors, are few among them.
In comparison to the previous government, Yogi Adityanath government is going to differ regarding its narrative and implementation, claims Mr. Singh. The sources also point to the grand welcome the American Investors are getting and even will get later on as well. The hospitality will resemble Indian Culture’s famous saying “Atithi Devo Bhava.”
Prior to this big-meet, certain delegations also visited the state two months ago. The foundation stone for this tour was laid by the Honorable Prime Minister, Shri Narendra Modi, in June this year. He invited the investors and the CEOs of these companies, by alluring them with multiple economic policies, including the GST. He educated the CEOs and other investors about the GST, and how it would be a game changer, making the thriving of businesses easier.
All the steps have been taken by the UP government to stabilize the state economy and attract investors, to invest in a competitive manner, legally. Read Latest News