At the one-day Lucknow Investors Conference at the Indira Gandhi Pratishthan (IGP) on January 10, 2023, the Uttar Pradesh government is set to give the thumbs-up to investment proposals worth Rs. 50,000 crores. According to official information, the district administration has already received investment bids totaling more than Rs. 25,000 crore for the event, which is being organised by the Indian Industries Association (IIA) – Lucknow Chapter on Tuesday.
At the conference, which will inform investors about the policies of the UP government and the directives issued by chief minister Yogi Adityanath to look at the problems encountered by entrepreneurs, deputy CM Brajesh Pathak will be the special guest.
According to Lucknow District Magistrate Suryapal Gangwar, the chief minister gave the order for this investment conference to be held in the capital for local investors. The conference is structured into four sessions, each of which will provide in-depth information about the government policies that will be put into practise on the ground. The District Magistrate stated that distinct nodal officers had been chosen for each session, and they would notify investors of all the government’s industrial initiatives. The procedures for establishing industries in the state as well as the incentives will be explained to the investors.
Mohit Suri, Chairman of the IIA, and Ashok Agarwal, President of the IIA, will give opening remarks and introduce the conference’s agenda, respectively. The Finance and Revenue Additional District Magistrate Himanshu Gupta will give detailed information about the simplified procedures for departmental approval and clearance, as well as resolution of problems.
To ensure maximum participation, the state government is collaborating with the Confederation of Indian Industry (CII), Federation of Indian Chambers of Commerce & Industry (FICCI), and PHD Chambers of Commerce along with MSME Organization and Udyog Bandhu Samiti.
