To facilitate proactive engagements with the investors, B2G meetings on the sidelines of the conclave were also organized. UP government officials, during the B2G meeting requested interested companies to submit their business plans and proposals and also shared that the government is fully committed to bring investments in the state and solve the problems of industry with equal gravity.
In total, investment projects worth Rs 22,000 crore in diverse sectors like - consumer goods, solar power, auto parts, sewage treatment plants, health and nutrition and education came up and were deliberated upon. The meetings with senior state government officials also facilitated to remove the bottlenecks in investments and speed up the pace of development in the state.
Inviting the industry to UP, Alok Ranjan, infrastructure and industrial development, commissioner, government of Uttar Pradesh said, "We firmly believe that an enabling business environment for industry is the only way to raise the per capita income of the state above 10%. With this objective, Ugyog Bandhu has been restructured and all investment centres are being spruced up. Going by the vision of the honourable chief minister, we plan to double the speed of our economic development and to triple the size of the state's economy".
The initiatives such as proposed early bird projects at Dadri, Auraiya and Allahabad, tourism heritage policy, Rs 2,000 crore tourism project in the Buddhist circuit, land banks for availability and e-allotment of land, and state-of-the-art security system for Noida, Greater Noida and Yamuna expressway region has the potential to change the industrial landscape of the state, said Ranjan.
Some of the other projects showcased by the state government included planned 2,500 km of state highway projects, 11 hi-tech townships and 31 integrated townships in major cities, proposed NMIZs each in Jhansi and Auraiya, airport on PPP model - near Agra in the vicinity of DMIC to provide facility of dry-cargo transport along with air craft maintenance hub at Kushinagar, planned Industrial Estates and Logistic Hubs along Eastern Dedicated Freight Corridor (EDFC), Trans Ganga Industrial Area project near Kanpur, super specialty hospital and institute, centres of excellence on skills and education, R&D hubs, recreation and tourism circuits.
Debashish Mazumdar, chairman, CII UP state council said, "UP is the biggest state economy in northern region with a share of approximately 31% in the region's GDP. This, itself outlines the immense potential of the state to emerge as one of the most economically developed state in India." He added that the support to industry in terms of subsidies, fiscal and policy incentives, industry-friendly policy framework with availability of skilled and semi-skilled workforce will certainly encourage investments in the region
Ravinder Zutshi, deputy managing director, Samsung Electronics said, "Samsung started its journey in the state in 1997 and today from the very same facility we have been able to localize 70 - 80 per cent of our products, also all our smart phones are manufactured in our UP plant. We have witnessed an encouraging progress in the state and for our future projects the state is favourite investment destination. We are proposing to invest $ 100 million in the state, after which will be manufacturing nearly 4.2 million handsets monthly from our Noida plant."
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