UP lucrative market for potential investors with max ROI: Yogi in Japan
Lucknow, 25 Feb (HS): Chief Minister Yogi Adityanath, after Singapore, reached Tokyo, the capital of Japan, to invite major investors from around the world to Uttar Pradesh. During the massive UP Investment Road Show held
CM Yogi on the four-day visit to Singapore and Japan


Lucknow,

25 Feb (HS): Chief Minister Yogi Adityanath, after Singapore, reached Tokyo,

the capital of Japan, to invite major investors from around the world to Uttar

Pradesh. During the massive UP Investment Road Show held here, the Chief

Minister invited industrialists and investors from there to invest in Uttar

Pradesh ensuring maximum return of investment (ROI). Yogi said that today Uttar

Pradesh has emerged as the best state in India for investment due to its safe

environment, strong infrastructure, large market potential and young workforce.

The

Chief Minister urged Japanese industrialists to come to Uttar Pradesh, invest,

and experience the state's spiritual sites. He expressed confidence that

India-Japan industrial cooperation will be further strengthened in the future

through investment in Uttar Pradesh.

Cultural

relations between India and Japan: Describing Japan as the Land of the Sunrise,

Chief Minister Yogi said, I bow to this sacred land. Uttar Pradesh is the

sacred birthplace of Lord Shri Ram, the king of the Suryavansh dynasty.

Furthermore, Uttar Pradesh is also the sacred land of Lord Buddha. Many of the

world's most important sites associated with Lord Buddha, including Kapilvastu,

Sarnath, Shravasti, Kushinagar, and Kaushambi, are located in Uttar Pradesh.

Today, under the leadership of Prime Minister Narendra Modi, the Ramayana

Circuit and the Buddhist Circuit are being effectively developed, giving new

impetus to spiritual tourism. When we speak of Lord Ram and Lord Buddha, it

connects us to the great tradition of the Suryavansh dynasty, whose first rays

rise on the soil of Japan. With this cultural affinity, I welcome you all.

UP

is a big market for investors: The Chief Minister stated that Uttar Pradesh,

with a population of 250 million, is the country's largest consumer market. The

larger the population, the greater the challenges and the greater the

potential. In the last nine years, the state's economy and per capita income

have nearly tripled. The state, once considered a sick state, has now become

the growth engine of India's economy. He pointed out that despite having only

11 percent of the country's agricultural land, Uttar Pradesh produces

approximately 21 percent of the country's food grains. This presents

significant investment opportunities in food processing, packaging, and

agri-logistics.

Water

resources and youth power became strength: The Chief Minister said that Uttar

Pradesh has abundant freshwater resources, which can be used in new areas such

as agriculture and green hydrogen. 56 percent of the state's population is

young, providing adequate and skilled human resources to industries. He said

that the state's infrastructure has developed rapidly in recent years. The

expressway network, the country's largest rail network, and the junction of the

Eastern-Western Dedicated Freight Corridor are located in Uttar Pradesh. 27

industrial clusters are being developed along the expressway. CM Yogi said that

I invite Japanese business leaders to participate in these projects in Uttar

Pradesh.

Japan

Industrial City to be developed on 500 acres in Yeda: The Chief Minister also

informed Japanese entrepreneurs about the proposed Japan Industrial City,

specifically in the Yeda area. He noted that the state operates 16 airports,

including four international airports, and the Noida International Airport is

scheduled to open soon. A Japan Industrial City is being developed for Japanese

investors near the Noida International Airport. 500 acres of land has been

identified for this purpose. The objective is to enable Japanese industries to

invest in a cluster in one location. They will be provided with improved

connectivity, logistics, and export facilities.

Opportunities

from mobile manufacturing to semiconductors: The Chief Minister stated that

investment in Uttar Pradesh is secure because it possesses all the essential

qualities of scale, skill, stability, and speed. Uttar Pradesh accounts for 55

percent of India's mobile phone manufacturing and approximately 60 percent of

electronic component production. There are strong investment opportunities in

data centers, semiconductors, logistics, warehousing, and renewable energy.

Recently, the foundation stone for a semiconductor unit was laid in the Noida

area. He stated that the state has a land bank of 75,000 acres. A new

industrial city is being developed on 56,000 acres in the Bundelkhand region

near Jhansi, which will provide new impetus to regional industrial development.

UP

has the power of MSMEs: The Chief Minister stated that the state received

investment proposals worth Rs. 40 lakh crore at the 2023 Global Investors

Summit. Projects worth approximately Rs. 15 lakh crore have been implemented,

and investments worth Rs. 7 lakh crore are underway. He noted that 9.6 million

MSME units are operating in Uttar Pradesh, employing over 30 million people.

New units are exempted from various NOC requirements for 1,000 days, allowing

them to start their businesses smoothly.

Easy

investment system and safe environment: The Chief Minister stated that more

than 34 sectoral policies are in place in the state. Single-window systems like

Nivesh Mitra and Nivesh Sarathi have simplified the investment process. Due to

improved law and order and transparent policies, Uttar Pradesh is among the

leading states in ease of doing business. He stated that last year, 1.56

billion tourists visited the state, increasing investment opportunities in

hotels, restaurants, heritage, and spiritual tourism. There are also investment

possibilities in electric vehicle mobility, deep tech, fintech, medtech, and

the service sector.

State

Finance Minister Suresh Kumar Khanna, Industrial Development Minister Nand

Gopal Gupta Nandi, Indian Ambassador to Japan Nagma M. Malik along with a large

number of representatives from the Japanese industry were present in the

program.

Hindusthan Samachar / Abhishek Awasthi


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