LUCKNOW: Chief minister Yogi Adityanath met German ambassador to India, Philipp Ackermann on Monday and the two discussed the possibilities of investing in UP and the economic ties between India and Germany. Ambassador Ackermann said that Germany had partnered with UP in several fields and many industrial groups from Germany are interested in coming to UP for the Global Investors Summit in February.
The CM said that India and Germany had a trade history spanning more than 500 years and the two countries were bound by a common history of economic cooperation.
We are paying full attention to the needs and expectations of investors. Better law and order, adequate and uninterrupted power supply and the availability of a vast land bank in the state are encouraging for industries. Our industry-friendly policies have changed the businessindustrial environment of the state. As many as 25 sectoral policies have been prepared according to the needs of the industry and a single window system has been launched to ease procedures for investors,” he said. He added that UP has sufficient infrastructure for industrial development.
It would soon have five international airports, along with the recently launched first inland waterway in the country from Haldia to Varanasi. The Defence Industrial Corridor is being developed in UP while the Eastern Dedicated Freight Corridor and Western Dedicated Freight Corridor also pass through the state. A multimodal logistic hub is being set up in Dadri and a transport hub in Boraki. He added that the state has the MSME base in the country with an immense potential to generate employment. German technology and policies can be extremely useful for their development, he said, adding that UP was expecting cooperation in this direction.
The defence corridor, the CM said, was full of investment opportunities for Germany. Ambassador Ackermann said big changes had been seen in UP in the last six years where law and order had improved significantly. He said that work in the area of infrastructure development has been unprecedented and that the state had also played a major role in environmental protection and improving the ecosystem through efforts like mass plantation, ban on single-use polythene and revival of rivers. In order to further deepen relations, Ackermann said that Germany was willing to work with UP on the proposed metro light projects for which it would ensure the availability of its technical experts. “German institutes, along with IIT Kanpur and MMMUT Gorakhpur, are collaborating in research, development and training. Indo-German Scientific Council plans to work with other universities of UP. Good results will be seen in the near future,” he said.





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