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Global Investors Summit 2023: CM Yogi sets Rs. 10 Lakh Crore Target; Summit to take place in February 2023

GIS 2023 CM Yogi sets Rs. 10 Lakh Crore Target; Summit to take place in February 2023

Global Investors Summit 2023: The “Global Investors Summit” (GIS)-2023 will be held in Uttar Pradesh from February 10 to February 12. The Chief Minister Yogi Adityanath presided over a high-level meeting where the required directives were provided about the plan for holding the summit and to put the finishing touches on the organisation of the GIS-2023.

In the discussion, Chief Minister Yogi Adityanath emphasised the necessity of working with an investment objective of 10 lakh crore. He said, “We need to be prepared to organise road shows in various countries before the summit to invite investors from all over the world to invest in Uttar Pradesh. The cooperation of industrial organisations like FICCI and CII should also be sought in organising road shows. The industrial organisations of these countries should also be contacted.”

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France, the United Kingdom, Singapore, and Mauritius have submitted proposals to the U.P. government for their involvement as partner nations in the GIS-2023. The administration will try to get in touch with the ambassadors or high commissioners of the Netherlands, Canada, USA, Japan, Israel, Sweden, Thailand, France, and Singapore in the next days so that they can coordinate for the summit.

In addition to 18 other countries, the state government will also host road shows in Delhi, Ahmedabad, Mumbai, Kolkata, Bangalore, Hyderabad, and Chennai. To ensure the success of GIS-2023, the CM instructed all related departments to begin their preparations immediately and to organise themselves into distinct teams.

“New India, New Uttar Pradesh”: CM Yogi

The “Global Investor Summit,” according to CM Yogi, will help realise the goals of “New India, New Uttar Pradesh,” and the state has become a “Dream Destination” for foreign industrial investment thanks to its adoption of the Prime Minister’s motto of “Reform, Perform, and Transform.”

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The State government has further stated that more than 30 sectoral policies, including those for EVs, toys, textiles, pharmaceuticals, startups, data centres, and green hydrogen, should be prepared by the relevant departments and presented prior to the investors’ summit in accordance with the new industrial investment and employment promotion policy. Departments should focus on ensuring that policy provisions are realistic, employment-generating, and secure a bright future for the youth while drafting policies.

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