U.P. getting ready to hold global investors’ summit in two years

The Uttar Pradesh government has begun preparations for hosting a global investors’ summit in the next two years to attract an investment of ₹10 lakh crore in the state.

Chief minister Yogi Adityanath had given directives for holding the summit to attract large-scale investment

“Yes, the state government proposes to hold a global investors’ summit in next two years to attract investment of ₹10 lakh crore and preparations for the same have already begun,” an official said.

The state government also proposes to hold national and international road shows and more such ground-breaking ceremonies in the next five years

The state government is in the process of appointing a consultant to work out a roadmap to boost the GSDP to one trillion dollars

The state government is likely to work out a new industrial policy and may update various other policies that include electric vehicle, warehousing logistics and defence and aerospace policies.