Former Mauritius Prime Minister Anerood Jugnauth earlier said the country was willing to become a partner of Uttar Pradesh for religious tourism and in strengthening the agriculture and manufacturing sectors.
"Speaking at the inaugural session of the Investors Summit- 2018 here, Adani said energy, logistics, solar power, roads and agriculture are among the core sectors in which his group is working and showed interest in investing in these fields". Thanks to political instability and thereafter politics of vendetta unleashed by the previous governments, UP has never been a favourable destination for investors, says a senior minister, adding "We have seen in the past that MoUs signed by one government was cancelled by the next, leaving investors in a lurch".
He also announced that two new worldwide airports at Kushinagar and Jewar ( Greater Noida) will also come up besides under the Udyan scheme, 11 cities of the state would have regular air connectivity.
The Prime Minister said the decision to come with the defence production corridor to Uttar Pradesh was taken keeping in mind the developmental requirements of Bundelkhand region.
Corruption in Nigeria's oil sector must stop
Ibe Kachikwu, minister of state for petroleum resources, says the federal government will NOT sell its refineries . The private sector can not bring in the product because it does not make economic sense for them.
Prime minister Narendra Modi has asked the Uttar Pradesh government to compete with Maharashtra to become the first Indian state with a trillion-dollar economy. The Investors' Summit has been organised to further the cause of economic development in the state and attract investments.
Prime Minister Narendra Modi on Wednesday praised Uttar Pradesh Chief Minister Yogi Adityanath and congratulated him for "taking the state on the path of change". "Jio will be present in every single village in UP by the end of 2018". We are the largest private-based investors in the state.
Chandrasekharan said Tata Consultancy Services wanted to increase its footprint in Uttar Pradesh.
Aditya Birla Group chairman Kumar Mangalam Birla addressed the summit. "The route to Delhi passes through Uttar Pradesh", he said. A big push in investment a few months before the elections will go a long way in projecting a positive image of the saffron party, says political analyst. "Besides, this kind of healthy race will strengthen the spirit of competitive and cooperative federalism", Modi said.