PM Modi launches UP on industrial development growth with mega projects.
The Prime Minister Narender bhai Modi inaugurated the UP INVESTORS SUMMIT 2018 in Lucknow, 21st February. In presence of nearly 100 big industrial giants and representatives of nearly 10 foreign countries, The summit will have 30 sessions, where experts,Delegates, and government officials will discuss sector like agriculture, dairy, defence Tourism and infrastructure and and investment in them. Modi announced the setting up of Defence Corridor in Bundelkand. New airports will come up at Jewar and Khushinagar, Inter city aviation services in 11 cities. Amidst applause he congratulated the UP chief minister for his farsightedness and assured the investors of a communal and crime free atmosphere, in the state. Modi valued the important principles of 4P–“Planning,Potential, Policy,Performance”.
PM Modi said that we must follow Nitigat policy, and along with Value addition and Work culture and Business Culture ethics.
It was grateful Chief Minister Yogi Adityanath who announced that over 1045 MoU have been signed and over 4,28,000 lakhs crores already pledged towards investment, a amount equal to this year’s budget. He announced ODOP (one district One product ) scheme and one window policy and reiterated that he himself will monitor the progress, of all investment proposals made.
Mukesh Ambani, Chairman of Reliance Industry appreciated PM Modi dream of Uttam Pradesh and promised to fulfill it. He said that UP progress, India progresses. He also assured that by 2018, all districts of UP will have a Jio connection .He promised a investment of 10,000 crores by Reliance group over a period of next 3 years. He pledged his Reliance group support towards Namami Ganga project too. He said that coming to UP is my patriotic duty and the nation cannot rise without the rise of 22 crores UP population. He promised itcwas his dream to turn each youth of UP into smart youth. Gautam Adani, Chairman of Adani group promised an investment of 35,000 crores over a period of 5 years. Adani said UP success is key to India growth. Adani group has shown interest in Solar, Thermal power generation, Food-grain,Infrastructure. Subhash Chander ,Chairman of Essel Group promised an investment of 18,750 crores in UP. Anand Mahindra, Chairman of Mahindra groups announced a setting of electric Bus manufacturer factory and an investment of 200 crores. Tata Sons Chairman . Chandrashekharan, also promised more participation of his group in UP. He said that his group will set up a new campus with a 30,000 capacity. He also assured that TCS will not leave Iucknow. Aditya Birla group will invest 35 K chores in the state and Solaria group about 16 K crores
Nitin Gadkari, Union Surface transport minister announced at a session of “Propelling infrastructure development in UP”, centre will invest Rs.2 lakhs crore for constrain new roads and strength ingredients the existing ones.
Chief Minister Adityanath Yogi said that nearly 110 industrial giants,who figures in Fortune 500 group are participating in the Investors Summit. He said that nearly over 1045 MoU have been signed to the tune of 4,28,000 lakh crores, equivalent to this year’s budget. It is our dream to convert this Beemaru Pradesh genuine investment, a Uttam Pradesh. He said that earlier UP was living in fear and criminal atmosphere. Ambani called that UP is fortunate to have a Karma Yogi as it’s CM.
Nearly 18 Union ministers, Ambassadors of about 10 countries, Mauritius ex-president Anirudh Jagaunath; many economist and Planners are taking part, in 2 days Summit.
Navneet Sehgal, principal secretary Khadi Gramudyog ministry said “This time we have signed with serious players like Amazon, of the industry and a follow up team has been created by the CM for translating the MoUs into genuine investment. Sehgal is an important member of the core team to monitor the summit preparation.
Response to the UP call for investment has been very generous. It is to seen now, how the present government is able to convert promises into real investment, as in the past both the SP nd BSP government have also undertaken such exercises, but not to much success. Also with elections due in 2019, the Union governments is also keen to showcase it’s performance. It’s show of what it has accomplished in Modi rule and a big push for investment will go in a long way in projecting a positive message to the voters.
Satish Mahana, Industries minister said “that why can’t we achieve what Gujarat has achieved in terms of development”. We create a positive work culture. UP has largest consumers market and it is bound to fare better, this time better than other states.
by Afzal Ali Shah Maududi, Editor & Bureau Chief