Uttar Pradesh is the most populous state of India – if UP lags behind in any socio-economic indicator, India cannot fare too well in that indicator either. Therefore, it is imperative that there is adequate capital coming in to both give assistance to the UP economy as well as to enable establishment of enterprises and businesses in the region. The UPGIS (Uttar Pradesh Global Investors Summit 2023) has thus been convened to attract fresh capital into the state in the form of investments. There will be multiple B2B, B2G and G2G meetings with this objective in mind.
Schedule of the investor summit
The session will take place over 3 days i.e. 10th, 11th and 12th February in Vrindavan Colony in Lucknow. The schedule of the session will be as follows –
The day started with the inaugural session followed by a series of sectoral sessions such as designing and manufacturing, tourism, MSME, sustainable development through clean energy, food processing and defence as well as sessions on partner countries such as Denmark and Singapore.
The second day will see a higher number of partner country sessions held for the Netherlands, Japan, the UAE and Australia. There will also be a higher number of sectoral sessions such as those on healthcare, handloom, IT, pharma and biotechnology, animal husbandry, e-mobility and civil aviation. Furthermore, there will be sessions on traditional industries, affirmative action and entrepreneurship.
Finally, the third day will witness sessions on industries such as sugar, forests, media, finance, logistics and even sports. There will be a discussion on the new National Education Policy as well as sessions on how to improve city development and skill building systems. A last partner country session on the UK will be there too. The day will end with a final Valedictory session from 1600-1715 hrs to end the summit.
Important players in the investor summit
The UPGIS is the flagship investment summit of the Government of Uttar Pradesh where over 10,000 delegates are coming including members of governments, businesses, academia, think tanks etc. The event is organised by the UP government along with industrial partners CII (Confederation of Indian Industry) and FICCI (Federation of Indian Chambers of Commerce and Industry). Ernst & Young will also be acting as the knowledge partner of the event.
The Government of Uttar Pradesh has set a target of attracting investment worth over Rs 10 lakh crore through this interaction. It is in line with its ambitious target of achieving a $1 trillion economy in UP in the next 5 years.
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