UP is irresistible destination for investors:President Kovind
The Governor of Uttar Pradesh, Shri Ram Naik and the Chief Minister of Uttar Pradesh, Yogi Adityanath are also seen.
LUCKNOW : President Ram Nath Kovind today said Uttar Pradesh has the potential to become the biggest economy in the country. “There are clear reasons for the interest shown by investors in the state…it has the biggest labour and consumer force,” he said at the valedictory function drawing curtains on the two-day UP Investors Summit. ”
This state has the potential to become the biggest state economy in the country,” he added. The President said that state government has shown strong determination in extending ease of doing business and nivesh mitra, the single window portal has been started.
The U P Investors Summit-2018 concluded on Thursday with President Ram Nath Kovind saying the progress of the state should make the investors invest emotionally as well economically in it and chief minister Yogi Adityanath informing the gathering that the investors had also shown interest in making an additional investment of Rs 4 lakh crore.
This figure was apart from the MoUs already signed for implementing projects to the tune of Rs 4.28 lakh crore, CM said.
The President also said available talent pool provided the state the basis for turning into an economic power house and an irresistible destination for investors.
“Apart from attracting economic investment, the progress of Uttar Pradesh should motivate those who come to the state to become emotionally invested in it,” said the President.
Kovind’s observations came after union minister for finance Arun Jaitley said the summit was an attempt to change the state’s agenda and create history.“Uttar Pradesh comprises one of the largest workforces, as well as consumer markets, not only in India but anywhere in the world.
This talent pool and this energy give Uttar Pradesh the base to become an economic powerhouse. They make it an irresistible destination for investors,” the President said.
Governor Ram Naik said the success of summit had become a point of discussion among the people of state living abroad. Naik referred to an email he received from London on Thursday to make the point that the people of UP origin there wanted to contribute to state’s development.
