On 28^th January, the Consulate General of India, Birmingham organised a business event at Birmingham Events and Conference Centre to apprise businesses in Birmingham & North England about the UP Global Investors Summit 2023, the flagship Investment Summit of the Government of Uttar Pradesh.

In his welcome address, Consul General Dr Shashank Vikram highlighted the initiatives taken by the Government of India to improve regulations and attract foreign capital. He said, “UP is on the trajectory of becoming a $1 trillion economy and substantial support is being offered to industrialists intending to be part of UP’s growth story.”

Mr Suresh Kumar Khanna, Honourable Finance Minister of UP & Mr Arvind Kumar, ACS UP Government made a small presentation on the benefits of investing in Uttar Pradesh. The presentation revealed how UP has become the preferred investment destination, under Honourable Chief Minister, Mr Yogi Adityanath, where projects are not just conceptualised but actualised. It included details of the various reformative steps taken in creating a holistic ecosystem for industrial development, through policy driven governance by formulating 25+ policies to attract investment across Defence & Aerospace Manufacturing, EV Manufacturing, Warehousing & Logistics, Electronics Manufacturing, Tourism, Textile, MSME, etc. Through this flagship Investment Summit, the State Government aspires to reinforce the investment attractiveness of Uttar Pradesh amongst the investor’s community and create opportunities for an inclusive development of the State.

Honourable Chief Minister, Mr Yogi Adityanath pointed out the progress of Uttar Pradesh and mentioned that it is the growth engine of India, and country’s third largest economy growing at a fast rate. He mentioned that the investor friendly policy direction of the Government and the Good Governance initiatives, complementing the inherent strengths of the state, which will definitely go a long way in transforming the state into a preferred investment destination.

UP Global Investors Summit 2023 will take place in Vrindavan Colony, Lucknow, Uttar Pradesh from 10th to 12th February. The 3-day long Investors Summit will bring together policy makers, corporate leaders, business delegations, academia, think-tanks and Political and Government leadership from across the globe, to collectively explore business opportunities and forge partnerships.

Thereafter, the Q & A session followed where the queries of the investors were addressed by the UP Government. Finally the letters of Intent worth about 350 million USD of investment in UP were signed by the investors before they attend the summit in February 2023. About 60 businesses benefitted from the event and lauded the ease of doing business, better law & order, & policy-based good governance in UP.

Marex Media