Yogi makes investment outreach to Indian diaspora in North America

Virendra Singh Rawat

Lucknow / Dec 16, 2020

Claiming that investments totalling Rs 3 trillion had flown over the last three years in Uttar Pradesh, chief minister Yogi Adityanath has reached out to the Indian diaspora in North America for investing in their home state.

In his virtual address to the UP Association of North America recently, Yogi observed the Indian diaspora had earned an enviable place for themselves by the dint of their hard work and enterprise.

He showcased the untapped eco, spiritual and heritage tourism potential in UP before these offshore investors while referring to the popular religious and cultural tourist hotspots of Mathura, Varanasi, Prayagraj (Allahabad), Ayodhya, Chitrakoot etc and the slew of infra projects including expressways and airports to improve the connectivity in the state.

The CM exhorted the entrepreneurs and investors to support the ambitious vision of India and UP becoming $5 trillion and $1 trillion economies respectively. “With the help of the investors and entrepreneurs, we can take the country and the state to new heights of economic, social and cultural development.”

He noted UP was the largest state in India by way of population and thus the country’s largest consumer market as well, which offered limitless natural resources for commercial harnessing.

He informed his government was developing four expressways viz. Ganga Expressway, Purvanchal Expressway, Bundelkhand Expressway and Gorakhpur Link Expressway to link the length and breadth of the state with high speed roads for speedier socioeconomic growth.

Yogi also broached upon other big infrastructure projects, including metro rails, airports, film city, defence corridor, health, education etc to buttress the point that the state was further facilitating doing business ecosystem for the benefit of investors and industry.

“Samsung is investing Rs 5,000 crore in its smartphone display unit manufacturing facility in Noida, while investments of Rs 6,000 crore are lined up for data centre projects,” he claimed while mentioning that improvement in the power sector and law and order matrix had played a major role in attracting private investment and winning the confidence of industry.