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BIG STORY FEBRUARY 17, 2023 | The Indian Eye 4

UP INVESTORS SUMMIT

$ 1-TRILLION

VISION

As India is on course to becoming the third-largest economy in the world by 2030, the Narendra Modi government pushes
to take the economy of the most populous state to a new level. What do the investors and industrialists think about it?

OUR BUREAU

Lucknow (UP)
n a major show of India’s eco-
nomic prowess, Prime Minister
INarendra Modi inaugurated
the Uttar Pradesh Global Investors
Summit 2023 in Lucknow on Friday.
Highlighting the country’s develop-
ment strides and investment-friend-
ly environment and, also pointing
out that Uttar Pradesh was driving
the country’s growth, Modi said that
India was reforming not out of com-
pulsion but out of conviction. If India
is the bright spot in the world, then
Uttar Pradesh is its growth engine,
he said.
Addressing the gathering, he
said, “Uttar Pradesh’s growth has
been noteworthy. People used to say
that it was hard to develop UP and
the law-and-order situation in the
state can never improve. UP was
known for scams and no one had any
hopes on the state’s revival and re-
form. But, in just five to six years, UP
has created a new identity for itself. Prime Minister Narendra Modi, Uttar Pradesh Chief Minister Yogi Adityanath, State Deputy Chief Minister Brajesh Pathak and others during
Today, Uttar Pradesh is known for
good governance, peace, law-and-or- the Uttar Pradesh Global Investors Summit 2023 in Lucknow on Friday (ANI)
der, and stability.”
Modi said a big change is being cial, digital and infrastructure fronts. fulfils all the criteria to required to Mangalam Birla pledged investments
seen in the thinking and aspirations He said the Centre has abolished draw investments. Shah said the Ut- across sectors worth Rs 25,000 crore.
of the society and the country’s youth dozens of archaic laws and today tar Pradesh government has framed Birla said, “Aditya Birla Group will
today. The aspirations of youth are India is witnessing development at various policies to attract industries. invest Rs 25,000 crore in UP. India
behind the country’s push for de- speed and on a large scale. “Law and order has improved by has the world’s fastest-growing econ-
velopment, he added. “Today every “Today, India is reforming, not leaps and bounds. Uttar Pradesh is omy, and UP is playing a significant
credible voice in the world believes out of compulsion but conviction. one of the few states to have drawn role in the country’s growth.”
that India’s economy will continue More than 40,000 compliances have bulk investments in infrastructure. He said under the leadership of
to grow rapidly. The biggest reason been removed and many laws have Various policies have been formu- Chief Minister Yogi Adityanath, the
behind this is the increasing self-con- been abolished,” PM Modi said. lated in favor of industries and there state was witnessing unprecedented
fidence of Indians,” Modi said. Union Home Minister Amit is no lack of clarity anymore on the growth. A highway network is being
He added that UP has also Shah on Friday hailed the ‘favor- government’s intent,” Shah said. built in UP, Birla noted, adding that
reaped great benefits from the work able atmosphere’ in Uttar Pradesh Addressing the GIS-2023, Ad- the state government has also made
that the government has done on so- for industries, saying that the state itya Birla Group Chairman Kumar Continued on next page... >>

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