LUCKNOW: Chief Minister Yogi Adityanath will extend a red-carpet welcome to investors from the across the globe at a curtain-raiser ceremony to showcase the forthcoming Global Investors Summit-2023 (GIS-2023) at Sushma Swaraj Bhawan, Pravasi Bharatiya Kendra, in New Delhi on Tuesday. The GIS-2023, to be held in Lucknow from February 10 to 12 targets investments worth Rs 10 lakh crore.
Two portals will be launched during the event, to be presided over by the CM, with the ‘ease of investment’ in mind. A short film about the GIS-2023 will also be shown and the logo of the summit will be launched.
Why invest in Uttar Pradesh, CM Yogi to brief GIS invitees
icials in the state industry department said that ambassadors or high commissioners from more than 40 countries have been invited to the event. The top management of renowned Public Sector Units (PSU) and senior officials from Union ministries have also been requested to join the ceremony. While chief secretary DS Mishra will address the session, a presentation showing the possibilities of investment in Uttar Pradesh will also be made. Along with this, Nivesh Sarathi’s official website, and the portal of GIS-2023 will also be launched.
A short film of UP GIS will also be screened in the presence of the CM. “The CM will apprise the invitees about the steps taken by the state government to facilitate investment in the state. We have already tweaked two dozen policies to make investment lucrative through attractive subsidies and encouraging incentives so that the alliance is mutually beneficial to both the parties,” said Arvind Kumar, additional chief secretary, industries and infrastructure development department. In a bid to make the state investor-friendly, the Yogi government has already tweaked policies of several sunrise sectors like IT/ ITeS, Data Centre, ESDM, Defence & Aerospace, electric vehicle, warehousing and logistics, besides tourism, textile and MSME.
The list of initiatives also include creation of the Nivesh Sarathi portal to simplify the process of signing an MoU with UP. The platform will be a one-stop solution for investors to have seamless response on their queries, redressing grievances, filing investment intents, seeking facilitation and monitoring of their investment projects. Alongside, the government has developed a centralised ‘Online Incentive Management System’ under the Nivesh Mitra portal to make the process of availing incentives under various policies promulgated by UP government easy and transparent.

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