
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