Lucknow,

27 Feb (HS): Amid the exciting AI Impact Summit underway in Germany, Uttar

Pradesh Deputy Chief Minister Keshav Prasad Maurya adopted a new approach to

investment diplomacy, postponing his previously scheduled trip to the United

Kingdom. Due to the summit's busy schedule and constant communication with

global representatives, he held one-on-one discussions with UK investors via

video conferencing from Germany. During this virtual dialogue, investors

expressed positive interest in investing in Uttar Pradesh, which is being

considered a significant achievement for the state.

During

his visit to Germany, the Deputy Chief Minister saw strong prospects,

particularly in the service sector. He held extensive meetings with leading

German companies in futuristic sectors such as drone technology, defense

manufacturing, aerospace, electronics manufacturing, and smart cities. The

companies cited Uttar Pradesh's industrial policies, improved connectivity, and

large market as favorable for investment. However, the service sector, along

with high-tech manufacturing, attracted the greatest interest. Companies

involved in IT services, skill development, healthcare support, and logistics

management identified the state's vast consumer base and skill resources as

strong investment opportunities.

In

a video conference with UK investors, detailed information about the state's

industrial roadmap, single window system, and speedy approval process was

shared. The discussions were positive, and an agreement was reached to advance

investment. Meanwhile, progress was also made in Germany in the field of rail

infrastructure technology, and an investment of approximately Rs. 200 crore was

agreed upon, which is expected to accelerate advanced railway technology cooperation

in the state. The Deputy Chief Minister assured investors that Uttar Pradesh is

ensuring a transparent and industry-friendly environment for industries by

giving equal priority to high-tech manufacturing and the service sector. He

said that investors will be provided administrative support at every level,

from land allocation to operations.

These

areas were also discussed - Medical devices, clothing, leather and footwear, Semiconductors,

Defence and IT/ITES, Global Capability Center (GCC), 660+ MW data center

capacity, Investment opportunities in the service sector will also gain new

momentum.

The

digital engagement with UK investors, along with in-person meetings in Germany,

signals a highly positive turn in investment diplomacy. This will not only expand

opportunities for technical cooperation but also provide new impetus to

investment prospects in the services sector. Potential investments will create

skilled jobs and strengthen the urban economy through the expansion of smart

cities and digital services. The ongoing meetings in Germany and the agreements

reached with UK investors are considered significant progress in this

direction.

Hindusthan Samachar / Abhishek Awasthi