For Investors, nothing is More Important Than Better Laws and Governance
Vice President Jagdeep Dhankhar emphasized that for any country, better laws and governance are the most crucial aspects for attracting investors. He made this statement while inaugurating the second edition of the "India Expo Center and Mart Trade Show" on Wednesday. He mentioned that Uttar Pradesh has taken major steps in this direction, resulting in increased investor confidence.
Vice President Dhankhar highlighted that India has emerged as a significant player in the global economy, and that stability in law and order plays a key role in this achievement. He added that the state has made efforts to reduce bureaucratic obstacles and ensure transparency in policies, which has helped attract large-scale investments. He also congratulated Chief Minister Yogi Adityanath for the state's outstanding performance in improving law and order and creating a business-friendly environment.
Speaking at the event, Chief Minister Yogi Adityanath said that more than 1.5 lakh entrepreneurs have attended the trade show, showcasing Uttar Pradesh as an investment hub. The expo center has become a platform for entrepreneurs from across the country to explore opportunities in the state.
Key Highlights:
- 88,000 Crore to 1.70 Lakh Crore Investment Potential
The Chief Minister mentioned that under the leadership of Prime Minister Narendra Modi, a target has been set to reach an investment potential of ₹1.70 lakh crore by 2027 in Uttar Pradesh. Over the past few years, the state has seen a consistent rise in investments, reaching ₹88,000 crore currently. The government has created special economic zones and industrial areas to support this growth. - 70 Countries Participating
The India Expo Center and Mart Trade Show has participation from 70 countries, providing a global platform for entrepreneurs and businesses. The event has attracted international attention and is promoting Uttar Pradesh as a key destination for investments. - 25 Sectors Represented
The trade show features products and services from 25 different sectors, including textile, handicrafts, agriculture, food processing, electronics, and chemicals. Over 12 national and international companies have showcased their products at the event. - 1.5 Lakh Entrepreneurs Attended
The trade show has witnessed participation from over 1.5 lakh entrepreneurs, making it one of the largest such events in the region.
Roadmap for Economic Development in UP: Jitendra Ram Manjhi
In another statement, Union Minister Jitendra Ram Manjhi stated that Uttar Pradesh’s development initiatives are setting an example for other states. He praised the state’s infrastructure development and policy reforms, which are enabling it to attract significant investments.
Manjhi added that under the leadership of Chief Minister Yogi Adityanath, Uttar Pradesh has become a leading state in terms of economic growth and development. He urged investors to take advantage of the conducive environment and invest in the state’s various sectors.
The India Expo Center and Mart Trade Show is expected to further boost the state's economic prospects and establish Uttar Pradesh as a hub for trade and commerce in the coming years.