UP govt to hold roadshows to woo investors

LUCKNOW: The state government is planning to take several steps to make UP Investors’ Summit 2018, the first major international event of the Yogi Adityanath government, a success.

The two-day meet is scheduled in Lucknow on February 21-22.

To attract investors, the organisers are conducting a series of roadshows in different state capital. The first such show was launched in Delhi on December 8.

More such shows will be held in Bengaluru, Hyderabad, Mumbai and Kolkata.

While in Bengaluru, Hyderabad the government is keen to tap their IT, electronics, manufacturing, and energy sectors; its show in Mumbai is intended to attract investments from banking, infrastructure, and film sectors.

In Kolkata, it is eyeing to engage West Bengal’s strengths-textiles, fisheries, and corporate houses.

The roadshows in Bengaluru will be held on December 18, in Hyderabad the next day, in Mumbai on December 22, and in Kolkata on January 5.

“The state government has fixed a target of signing of Rs 1 lakh crore investment MoUs at the two-day summit where Netherlands, Finland, and Mauritius are the partner countries,” said Anup Chandra Pandey, infrastructure and industrial development commissioner, UP.

The government has identified a total of eleven priority sectors for attracting investments.

They are civil aviation, IT-enabled services, dairy, electronics manufacturing, tourism, MSME, infrastructure, renewable energy, films, handloom & textiles, agro & food processing.

The government has also created a separate website detailing profile of the state and an easyto-use online tool to help prospective investors upload their investment intent.

The programme schedule said chief minister will have one-toone interaction with the partner countries on both the days of the summit.

Already, the commissioner of Lucknow is drawing up a plan for refurbishment of roads, cleaning of localities and beautification of major tourist spots in Lucknow.

The state government is sending out invitations to 5,000 heads of states and governments, ministers, leaders from the corporate world, senior policymakers, heads of international institutions and academia from around the world.