UP Investors’ Summit 2023: Road shows in 20 nations and a December ministerial trip of Europe

by Mapping Returns

According to officials, the Uttar Pradesh government would run programmes in 20 nations in the upcoming months in an effort to entice investors ahead of the “Global Investors Summit” in February 2023.

According to a government official, the UP government will stage road shows in a number of countries, including Japan, Germany, Thailand, Mexico, South Africa, Brazil, Australia, France, the Netherlands, Belgium, the UAE, and Canada.

Nand Gopal Gupta, the minister for industrial development in Uttar Pradesh, and Jitin Prasada, the minister for public works, will travel to Europe in December, according to the source.
According to a formal statement filed by the UP government to the Ministry of External Affairs, Gupta and Prasada will travel Germany, Belgium, and Sweden in Europe from December 9 to 14.

“The date of the Lucknow Global Investors Summit 2023 is set for February 10, 2023. Prior to the summit, prominent cities in 20 counties will have “road shows” to tell investors about the vast investment potential in Uttar Pradesh “the representative stated.

According to the communiquĂ©, the state government would cover the costs of the international trips that obtain the chief minister’s approval.

The industrial development ministers of 13 nations, including the UAE, Japan, Germany, Thailand, Mexico, South Africa, Brazil, Australia, France, the Netherlands, Belgium, and Canada, were invited to the conference by minister Gupta last week.

During the massive event, the UP government hopes to attract investments worth Rs 10 lakh crore.

According to Gupta, Uttar Pradesh offers exceptionally favourable conditions for business and investment, and the government has created an inclusive and sustainable strategy following a thorough analysis of the approaches taken by other states.

“The interests of the investors have gotten a lot of our attention. We’ve written to industry ministers in a number of nations, and we’re hearing back from them favourably “a minister in the cabinet stated.

“The summit will be impressive and memorable. The occasion will hasten the United States’ progress toward becoming a $1 trillion economy “Added he.

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