Up will develop new and advanced facilities under the new India development scheme UP GIS Summit 2023. UP CM Yoginath is working day and night to develop and enhance the state’s cultural heritage. UP is gradually making it to the top of the list as it now ranks sixth in LEADS.
People of UP have accepted that the state is getting better law & order situation. He has created a better platform for investments in the industries. The state will now develop industries receiving mass global reference and investments for further development.
UP GIS Summit 2023 Investment
Pharmaceuticals
Noida Medical Device Park is under development which is a part of pharma parks that will be constructed in five cities. India will export medicines and medical devices to other countries. Pharmaceuticals company will receive great benefits under the scheme. Newly developing plant can receive a subsidy of up to 10 Lakh.
Textile Industry
Textile clusters will be added to every sector of the state. Textile parks will be constructed on Noida, Agra, Hardoi, Purvanchal and Bundelkhand. Investment of around Rs. 10,000 crore will be made under the scheme. The scheme will also provide employment to more than 5 lakh people of the state.
Air Connectivity
UP is going to be the first choice of the investors considering projects related aircraft industry. 9 airports are directed for the state and 10 airports are under-construction. Investors will get offers for investing in helping the state to enhance air connectivity.
IT Hub
The state will soon rise as an IT hub as investors will get subsidy of up to Rs. 20 crore for developing IT Parks. The motive will create new opportunities for the IT companies and this will flourish the state with all sorts of new schemes.
Film Industry
UP government is planning to set up a new film industry in the state. Investors and Filmmakers will get huge allowances from the government. Local language films will get a subsidy of up to 50%. Moreover, Hindi and English movies will get subsidy of up to 25% on the total investment.
UP government will try to make an investment of around Rs. 17 lakh crore in the UP GIS Summit.
Uttar Pradesh closing in on ₹17-Lakh crore investment target#UPGIS23 pic.twitter.com/v7QBDMUKoj
— Government of UP (@UPGovt) January 13, 2023
Mayur Patel, General Secretary praised the motive of investment that will help in the development of the country. #UPGISSummit2023
उत्तरप्रदेश में उद्योगों को मिल रहा बढ़ावा#UPYogiForEconomy pic.twitter.com/dk05g8zIE1
— Mayur Patel (@imayurpatel_bjp) January 13, 2023
Up Investors Summit shared a glance of a meeting at Delhi Road Show of UP GIS Summit 2023.
Cabinet Minister, Shri @NandiGuptaBJP and Minister of State (IC), Shri @thisissanjubjp meeting industrialists at the Delhi Road Show of #UPGIS23, being held at The Oberoi Hotel in the capital today. @UPGovt have set an investment target of Rs 17 lakh crores for #UPGIS23 pic.twitter.com/7WZ6K1dg2v
— UP Investors Summit (@InvestInUp) January 13, 2023
Also Read: GIS Summit 2023: Live Updates on the Event!!