PM Modi inaugurates 2-day Investors' Summit in Lucknow


Prime Minister Narendra Modi on Wednesday said that Uttar Pradesh can become the growth engine of the country and the Yogi Adityanath government in the state is building a new UP. Besides President Ram Nath Kovind, country's top industrialists, business delegates from 20 foreign countries and 200 CEOs, along with nearly 1/4th of the Modi Cabinet, will participate in the two-day mega event, convened to woo much-needed investment for development of Uttar Pradesh.

Prime minister Narendra Modi has asked the Uttar Pradesh government to compete with Maharashtra to become the first Indian state with a trillion-dollar economy.

"Hawai chappal pehne wala bhi, hawa mein udna chahiye, " PM Modi said.

He said the Union Government's schemes such as Skill India Mission, Stand Up India, Start Up India and Pradhan Mantri Mudra Yojana, will prove useful in implementing the "One District, One Product" scheme. Extend welcome to the Prime Minister. "Potential coupled with policy, planning, performance can lead to progress in the state", the PM said.

"Keeping in mind the development of Bundelkhand, the government has made a decision to extend the Uttar Pradesh's defense corridor to Agra, Allahabad, Lucknow, Kanpur, Jhansi and Chitrakoot", Modi said.

According to the reports, Adani Group announced the investment of Rs. 35,000 crore in Uttar Pradesh in different sectors. "We will also open an IT-enabled services centre in Varanasi soon", Chandrasekaran said.

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Pardew said he would assess the situation going forward but would not rule out the possibility of extending the punishment beyond this weekend.

Yogi Adityanath government is rolling out a red carpet for the capitalists to invest at a big scale.

"I am sure the new tourism policy announced by the UP government would facilitate investment", he said and also referred to the Kumbh Mela in Prayag slated for early next year.

Mukesh Ambani also raised the point of Namami Gange Project and also confirmed the key role of Reliance foundations in the project.

The declaration came at an investors' summit in India's most populous state of Uttar Pradesh. In the UP investor summit 2018, many business tycoons like Mukesh Ambani, Chairman of Reliance Industries, Anand Mahindra, Chairman of Mahindra Group and Gautam Adani, Founder and Chairman of Adani Group registered their presence.

"Jio has invested Rs 20,000 crore already in the state, and plans to invest another Rs 10,000 crore over the next three years".