UP attracts investments from six major European countries across 18 sectors
Updated: Dec 08, 2022 07:58:29am
UP attracts investments from six major European countries across 18 sectors
Lucknow, Dec 8 (KNN) The Uttar Pradesh government has claimed that European countries such as France, England, the Netherlands, Denmark, Belgium, and Germany, are likely to invest across the 18 sectors in the state.
This will help Uttar Pradesh in its effort to grow the state’s economy to USD 1 trillion.
According to Invest UP, there are 18 sectors in Uttar Pradesh that are expected to see significant investment from Europe.
Energy, retail, chemical, pharmaceuticals, automobile, electronics manufacturing, EV manufacturing, infrastructure, agro and food processing, textiles, defence engineering, technology, manufacturing, agriculture equipment, water management, green house technology, venture capitalist and transport are the potential industries.
It is reported that the government is actively engaged in discussions with significant companies operating across all these 18 sectors.
To engage with European nations to bring in investments, a special team headed by principal secretary-level officers from six significant state departments has been constituted under the direction of CM Yogi Adityanath.
Additionally, representatives of the Confederation of Indian Industries (CII) have also been communicating with European investors. (KNN Bureau)