February 13, 2023

Huge commitments to invest in UP at Global Investors Summit has been due to the honest government and safe environment in the state: Mr. Piyush Goyal

Huge commitments to invest in UP at Global Investors Summit has been due to the honest government and safe environment in the state: Mr. Piyush Goyal

While addressing the UP Global Investors Summit in Lucknow, Mr. Piyush Goyal, Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles said that there have been commitments to the tune of lakhs of crores to invest in Uttar Pradesh that has been made possible due to the honest government and safe environment in the state.

He further added that the fast pace of progress that we can see and feel in the Global Investors Summit in Uttar Pradesh is due to the capable leadership of Mr. Yogi Adityanath, Chief Minister of Uttar Pradesh (UP), adding that Uttar Pradesh is now on the move and no one can now stop its progress.

Speaking of the ranking for the ease of doing business, Mr. Piyush Goyal stated that it is conducted across the nation to determine which areas are the most business-friendly and that India has risen in the list recently. He emphasised that there is a rating of states since the prime minister supported both competitive and cooperative federalism. According to him, UP is currently ranked second among the states in the nation.

According to Mr. Piyush Goyal, India signed three significant free trade agreements last year, and we were expected to clinch two or three more this year. As they gain market access, capital, and technologies, they will open the doors for the breweries and wineries of UP. I learned from the presentation that Uttar Pradesh is home to 28 fruits and 4 flowers, excluding grapes, that can be used to make a variety of wines. These goods will find ready markets everywhere, he further added.

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