Upcoming Investors summit to fetch good investments for state: UP Govt

New Delhi, Jan 6 (KNN) With Uttar Pradesh Investors Summit (UPIS) round the corner, officials are expecting a good deal of investments coming towards the state.

UP government is expected to sign one lakh crore of Memorandum of Understanding (MoU) of investments during the summit, Anup Chandra Pandey, Commissioner, Infrastructure & Industrial Development informed in a press interview.

More policies are expected to launch in next 15 days focusing on areas of electric vehicle, logistic, defense manufacturing and pharmaceuticals, he said.

“State will disclose electronic clearance system before the summit, which would run automatically without human interface, as addressed by Pandey.

Addressing potential investors, Pandey said that the state has got fair share of land banks that can be utilized towards setting up newer industrial units.

Aiming at investments from across the country, over four roadshows are lined up in different cities including Delhi, Bengaluru, Mumbai and Hyderabad. Also Kolkata  and Ahmedabad are to hold similar roadshows.

The UP Investors Summit scheduled for 21st-22nd February is to feature focus areas including MSME, handloom & textile, film, tourism, infrastructure, dairy, ITEs, dairy, renewable energy, civil aviation. (KNN/MG)