This Article is From Oct 22, 2017

'US In UP': Big American Firms Meet Yogi Adityanath Tomorrow

The "US in UP" engagement emulates the "Vibrant Gujarat" model and will showcase the state's investment avenues in chemicals, petrochemicals, pharmaceuticals, cement, gems, textiles and engineering sectors

'US In UP': Big American Firms Meet Yogi Adityanath Tomorrow

Yogi Adityanath will tomorrow meet representatives of 26 major American companies.

Lucknow: As a number of international establishments have been exploring investment opportunities in Uttar Pradesh, Chief Minister Yogi Adityanath will tomorrow meet representatives of major American companies including Facebook, Adobe, Coca Cola, Mastercard, Monsanto, Uber, Honeywell, P&G, Oracle and GE Health and Cargill, in Lucknow.

The "US in UP" engagement emulates the "Vibrant Gujarat" model and will showcase the state's investment avenues in chemicals, petrochemicals, pharmaceuticals, cement, gems, textiles and engineering sectors, senior cabinet minister Siddharth Nath Singh told PTI.

"Headed by Boeing, 26 US firms are on their way to Uttar Pradesh to explore investment avenues here," Mr Singh said.

He also informed that a small delegation had visited the state two months ago ahead of the "big meet" tomorrow. He said the foundation for the tour was laid by Prime Minister Narendra Modi in the US in June when he invited CEOs of top US companies to invest in India, saying "GST was a game changer that made the country a business-friendly destination". 

The delegation will visit the state as part of the US-India Strategic Partnership Forum (USISPF), which is "committed towards powerful partnership between the US and India". 

"Our mission reaches far beyond this. It is about business and governments coming together in new ways to create meaningful opportunities that have the power to change the lives of citizens," the USISPF said in a statement.

Uttar Pradesh has recently come up with an Industrial Investment & Employment Promotion Policy to stabilise and make existing industries more competitive and to attract international and national investments in the industrial sector. 

(With inputs from PTI)
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