Uttar Pradesh’s Noida are going to be developed because the biggest hub in north India, Chief Minister Yogi Adityanath on Monday said.
Stating that the state has secured the second position within the country in ‘Ease of Doing Business’ , he said it’s been an outcome of the sustained efforts of the government during the last three years.
He said the state has strived to develop infrastructure in terms of power, road, communication, transport, beside strong law and order to realize the dream of 1 trillion economy status in India while contributing to the country’s 5 trillion economy target set by Prime Minister Narendra Modi.
According to a press release issued here, Adityanath while presiding over a gathering of high-level Empowered Committee of ‘Invest UP’, said Noida are going to be developed because the biggest hub in north India.
He said out of the memorandums of understanding (MoUs) worth Rs 4.28 lakh crore,signed during the UP Investors Summit 2018, the MoUs worth Rs 2 lakh crore have already come on ground.
In addition to the present , the UP government has received over 50 investment proposals worth over Rs 7,000 crore from the investors of about 10 countries, including Japan, the US, the UK, Canada, Germany and South Korea who want to shift their units from there to Uttar Pradesh .
He said Nivesh Mitra portal, which provides 146 services, has been quite successful with a diary of 98 per cent redressal of the issues of the investors and entrepreneurs.
The chief minister said that UP features a ready land bank of 20,000 acre on which industries are often found out . He said the govt is beginning with a comprehensive land policy, besides formulating new Pharma Policy and Data Policy.
“Defence and aerospace, warehousing, data centres, electrical vehicles and pharma sector are a number of the emerging investment centres within the state. The government’s ambitious project of Defence Corridor has promised an investment of Rs 50,000 crore within the next two years and offers an honest investment opportunity,” he said, adding that the revised MSME policy and begin up policy has already given impetus to the expansion potential of the state.
He said the normal areas like electronics, IT, food processing, dairy, textiles, tourism and films are still the fancied investment destination while solar energy , bio-fuel and civil aviation are joining these as potential investment hubs.
The chief minister acknowledged that UP, which contributes 8 per cent of the country’s Gross Domestic Product, with a population of 24 crore may be a big market in itself.
Talking about infrastructure development, he said the state goes to possess an enormous network of expressways, which can criss-cross the whole country.
Tags: Noida, UP, Adityanath
A 340-km-long Purvanchal Expressway from Lucknow to Ghazipur, 290-kms long Bundelkhand Expressway linking Chitrakoot to Lucknow-Agra Expressway, 90-km Gorakhpur link Expressway and 170-km Prayagraj link Expressway are going to be there within the state soon, the chief minister said.
“Not only this, the government has also decided to construct a 600-km-long Ganga Expressway from Prayagraj to capital Region through Hardoi, Shahjahanpur, Kannauj and Meerut. this is often getting to be the longest Expressway of the country,” he added.
