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Uttar Pradesh Investors' Summit 2018: Narendra Modi lauds Yogi Adityanath govt for rolling out red carpet for investors
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Uttar Pradesh Investors' Summit 2018: Narendra Modi lauds Yogi Adityanath govt for rolling out red carpet for investors

FP Staff • February 22, 2018, 13:37:06 IST
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Narendra Modi along with Rajnath Singh, Yogi Adityantah and Governor Ram Naik inaugurated the two-day Uttar Pradesh Investors’ Summit 2018 in Lucknow.

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Prime Minister Narendra Modi along with union home minister Rajnath Singh, chief minister of Uttar Pradesh Yogi Adityantah and governor Ram Naik inaugurated the two-day Uttar Pradesh Investors’ Summit 2018 in Lucknow on Wednesday. PTI

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The event has been organized by Uttar Pradesh government to showcase the investment opportunities and potential in the state. PTI

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Speaking at the event, PM Narendra Modi said that the government will establish a defence industrial production corridor in UP. PTI

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The event comes in the backdrop of prime minister’s call to the states to engage in the spirit of co-operative and competitive federalism for all-round development of states showcasing their potential and attracting investors. PTI

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Narendra Modi lauded the chief minister Yogi Adityanath and his government for reducing red tapism and also rolling out red carpet for investors.

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The Uttar Pradesh government signed 1,045 pacts worth Rs 4.28 lakh crore on the first day of the UP investors’ summit. President Ram Nath Kovind will be attending the closing ceremony on Thursday.

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The summit is an attempt to establish UP among the developed states and its focus areas include food processing, dairy, handloom and textile, MSME, IT, start-ups, electronic manufacturing, films, tourism and civil aviation. PTI

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Reliance Industries chief Mukesh Ambani on Wednesday promised investment of another Rs 10,000 crore through Jio in the next three years at the Summit. PTI

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Finland, the Netherlands, Japan, Czech Republic, Thailand, Slovakia and Mauritius have been identified as country partners for the event. Several MoUs are also expected to be signed during the summit. PTI

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