UPGIS-2023: PM Modi Likely To Inaugurate UP Global Investors Summit In Lucknow; Several Veteran Industrialists To Join At Event

UPGIS-2023: Prime Minister Narendra Modi will inaugurate the three-day Uttar Pradesh Global Investors Summit-2023 (UPGIS-2023) today i.e. on Friday. The summit has attracted MoUs (Memorandums of Understandings) and investment proposals of over Rs 25 lakh crore as the states aim to become a trillion-dollar economy in the upcoming five years.

PM Modi takes Twitter

On Thursday, the prime minister said that the various development strides have drawn several investors and created opportunities for the youths of the state.

Taking Twitter, PM Narendra Modi wrote, “I look forward to being in Lucknow tomorrow, 10th February to take part in the UP Global Investors Summit 2023. UP’s development strides have drawn several investors to the state. This has created opportunities for the youth of the State. @InvestInUp.”

Grand and historic event: UP CM Yogi

Speaking to the media, Uttar Pradesh’s CM Yogi has declared UPGIS-2023 will be a “grand and historic event”.

“The world will see a new story of Uttar Pradesh’s development from now,” Yogi Adityanath said while inaugurating with defence minister Rajnath Singh projects worth Rs 159 crore in Lucknow on Thursday.

Moreover, Union Home Minister Amit Shah will also be in Lucknow to attend the session on ‘Enhancing Safety and Empowering MSMEs and Cooperatives’ at the GIS on Friday. Shah has been invited as the session’s chief guest.

Details of the event

At the summit, almost 10,000 delegates, including over 400 international participants from 41 countries, top industry leaders, union ministers, ministers/diplomats from 10 partner countries and CEOs of leading companies and banks are expected to attend nearly 34 sessions at the three-day UPGIS-2023 at the Vrindavan Yojana in Lucknow.

Also, CM Yogi sent eight teams abroad to hold international roadshows in December 2022 and led the first of the eight domestic roadshows in Mumbai last month.

According to the media reports, the minister for industry, Nand Gopal Gupta Nandi said that the Uttar Pradesh government has received investment proposals worth over Rs 25 lakh crore. On Friday, some more intent for investment or memorandums of understanding may be signed.

All the halls and tents at the venue have been named after sages and major rivers and the city has been decked up for the occasion. Moreover, at the summit, the global trade show will also be inaugurated at the venue.

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Summit will highlight the art and culture of UP

According to the officials, to emphasize the art and culture of Uttar Pradesh, a special drone show highlighting the state’s culture and the modern face of the state, which is being called New India’s Growth Engine, will be held for the guests. Several short films depicting the state’s development will be screened.

Various cultural events across the city will give the event a festive look. Besides the arrangements made in hotels, tent cities focusing on Ayodhya, Kashi and Mathura have come up to make the stay of guests comfortable during the summit, the official briefed the media.

Further, they said that the UP government has worked out 25 sectoral policies ahead of the UPGIS-2023. A booklet focusing on the policy framework and how to file investment intents, along with other details focusing on the state as an investment destination will be provided to the guests on the occasion. Senior officers have been camping at the venue in the past few days.

Government officials and several renowned industrialists to join the summit

Taking notes from the guest list, the official said that President Droupadi Murmu will be the chief guest at the valedictory session on Sunday. Defence minister Rajnath Singh, Union finance minister Nirmala Sitharaman, Union minister of state for housing and urban affairs Kaushal Kishore and others will attend different sessions that include the ones being organised by 10 partner countries.

Several industrialists including Reliance Group chairman Mukesh Ambani, Aditya Birla Group chairman Kumar Mangalam Birla, Tata Sons chairman N Chandrasekaran, Godrej Industries chairman Nadir Godrej, Mahindra Group chairman Anand Mahindra, Dixon Technologies chairman Sunil Vachani and Zurich Airport Asia CEO Daniel Bircher are among those expected to attend the summit.