VISIONARY AKHILESH YADAV TURNING U.P. AS INVESTORS’ PARADISE
The state of Uttar Pradesh for the last three years has been emerging as investor friendly destination in the country. Since the Akhilesh Government is committed to provide high standard, plentiful infrastructure facilities, enabling conducive policy framework and an investor friendly environment for ensuring higher industrial growth a number of the biggest international companies have decided to set up industrial units in the state.
In order to attract investment and create job opportunities in the state the Uttar Pradesh Government recently organised an investors’ conclave at Hotel Trident in Mumbai. The Chief Minister, Mr Akhilesh Yadav accompanied by some members of his cabinet and senior IAS officers was also present during the meet.
While addressing the gathering of around 200 delegates from major Indian and international industrial and business houses, the Chief Minister Mr Akhilesh Yadav stated, “Make in India could not be possible without ‘Make in UP’ as Uttar Pradesh is not only the most populated state of India but also the largest market in the country”. He added, “The investment policies unveiled by the state, better facilities of roads, power, water and other essential services clearly give an edge to the state.”
Mr Yadav said, “My Government is committed to make Uttar Pradesh progressive and prosperous and taking it a step ahead by unveiling new schemes and projects.” Underlining the importance of infrastructure for holistic socio-economic development the U.P. Chief Minister said that to give a boost to infrastructure sector the State was setting up state-of-the-art IT Parks, Mega Food Parks, Logistic hubs, Plastic city, Bio-tech industrial parks and Integrated Industrial Townships.
The CM said, “We believe in world class infrastructure. Projects like Agralucknow Expressway and Lucknow Metro will be completed by October 2016. Metros in Agra, Kanpur, Allahabad, Meerut and
Investors’ conclave held in Mumbai recently has given an example of the visionary approach of the Uttar Pradesh Chief Minister, Mr Akhilesh Yadav when leading industrialists of the country, reposing immense faith in policies & business environment in U.P., has proposed to invest `51 thousand crore in the state
Varanasi have also been planned. The State Government has formulated various policies for the convenience of the investors. “Mr Yadav said that his Government had planned to develop traditional industries too and a budget of Rs 466.53 crores had been sanctioned for construction of 1,651 urban agriculture marketing hubs and plans were afoot to develop Kisan Bazaars in seven districts of Uttar Pradesh. “The motto of my Government is sustainable development and care for all the sections of the society”, added the Chief Minister. Concluding his remarks, the Chief Minister welcomed the investors into Uttar Pradesh. He said, “Uttar Pradesh is open for business and we are committed to support you in all aspects. So invest in our State, partner with us, not just to invest in the state but because I strongly believe that the state is the best place for your company to grow and expand.”
Thus the concerted efforts by Government of Uttar Pradesh to improve the ease of doing business in the state witnessed good response from the industry and business community in Mumbai investors’ meet and industry magnates proposed to invest `51098 crore in the state. The ‘Intent for Cooperation’ for these investments were signed by investors including- Idea Cellular,
LG, Reliance Jio, Godrej Agrovet, Toshiba Power, Ceres Bio System, Kanodia Group, AIPMA (All Indian Plastic Manufacturers Association), ITC, Indo-gulf Fertilizers and Amul Sanchay. The sectors which got investments include electronics, Food Processing, Infrastructure, IT, Power, Solar Energy, etc. It will generate employment of more than two lakh people in the state.
SINGLE WINDOW SYSTEM FOR FACILITATING FILM SHOOTING ALSO LAUNCHED
The Chief Minister Mr Akhilesh Yadav on the occasion also launched a Single Window System for facilitating film production in Uttar Pradesh. With launching of online single window clearance system film makers will get a hassle free application of filing and processing option. Apart from industry captains prominent bollywood personalities like Ravi kishan, Boney Kapoor, Muzaffar ali, Manoj Bajpai, Ketan Mehta, Puja Bhatt, Divya Datta, Zayed khan, Anurag kashyap, Nawazzudin siddiqui and Rahul Mittra were also present in the Mumbai conclave. It is worthwhile to mention here that Mr Akhilesh Yadav a few months ago released
Film Policy-2015, according to which the state government will take various initiatives to promote film-making in UP. Ealier, he had signed Memorandum of Understanding (MOU) for setting up two film cities in the state. While one will be developed along Lucknow-agra Expressway by Purple Seas group with technical support provided by the Government of Japan, Bhojpuri film star Ravi Kishan will develop another film city in Trans Ganga Hightech City Scheme near Unnao district. An investment of Rs 650 crore is estimated to be made in the two projects.
PROMINENT INDUSTRIALISTS SHARE EXPERIENCES
Prominent industrialists including Nadir Godrej, Chairman of Godrej Industries, Sanjay Khan, CMD of Kingdom Entertainment P Ltd, Sameer Gupta, CMD of Jackson Power and R S Sodhi, MD of Amul while Sharing their experience of growing business and potential in U.P. were all praise for the fresh steps and positive change in Akhilesh Government’s approach for spurring industrial development in the state.