Industry leaders on Friday hailed Uttar Pradesh Chief Minister Yogi Adityanath's investor-friendly policies, and assured him of their participation in the upcoming Global Investors' Summit on February 21-22 next year.
They also noted that the state, long known as an industrial backwater, held the potential to go from Uttar Pradesh to 'Uttam Pradesh (Best State)', while announcing their intent to invest across sectors, including power, roads and expressways, housing, smart cities, retail and agro processing, digital economy and skill development.
The UP CM was in the city as part of a roadshow jointly organised by the state government and the Confederation of Indian Industry for the summit.
Rajya Sabha MP Subhash Chandra, who had an extensive meeting with the chief minister, praised the state government's slew of initiatives to boost development. "The government's proactive role will help attract investments in practically all sectors," he noted.
Hinduja Global Solutions head Mohit Saxena and Indusind Media and Communications' head (joint venture business and regulatory) Subhashish Mazumdar said the Hinduja Group has an interest in investing in infrastructure, hospitals, banks and digital media.
Adityanath held one-on-one meetings with the who's who of corporate India, including Tata Trusts chairman Ratan Tata, Reliance Industries chairman Mukesh Ambani, Tata Sons chairman N Chandrasekaran, Aditya Birla group chairman Kumar Mangalam Birla, Reliance ADAG executive vice chairman Satish Seth, HDFC chairman Deepak Parekh, Hinduja Group of Companies co-chairman Gopichand Hinduja, Hinduja Group of Companies (India) chairman Ashok Hinduja, L&T CEO and MD SN Subrahmanyan Torrent Power chairman Sudhir Mehta, Bajaj Electricals chairman Shekhar Bajaj, M&M managing director Pawan Goenka, Ajanta Pharma co-vice chairman Madhusudan Agarwal, Arvind Limited executive director Kulin Lalbhai, Gitanjali Group chairman Mehul Choksi. He assured them all the cooperation without any red tapism.
The UP is looking for investments in aerospace, defence and airport development. ''The state government has recently received the Centre's approval for the development of new international airport at Jewar near Greater Noida which will help connectivity,'' Adityanath said. This apart, the government will seek private sector participation in the development of dry cargo, aircraft maintenance hubs.
The state's Industries Minister Satish Mahana said the government's zero tolerance towards crime has sent a positive signal among investors. "The new industrial and employment policy aimed at facilitating ease of doing business, employment generation. It is a roadmap for industrial development," he said.
"The government has put in place investor friendly policies which will attract investment in a big way," UP's principal secretary (information) Awanish Awasthi told DNA.
Adityanath also met with chairman and managing directors of State Bank of India, Central Bank of India, Dena Bank, Citi Group, and executive directors of Bank of Maharashtra and IDBI Bank.
"They have assured to open more branches, provide funds for infrastructure, micro, small and medium scale industries," said UP Principal Secretary Navneet Sehgal.
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