Chief Minister Yogi Adityanath will hold investment talks with 33 global companies on his four-day visit to Singapore and Japan. The aim is to make Uttar Pradesh the ‘Manufacturing Hub of India’ and accelerate the path towards one trillion dollar economy.
Lucknow. With the aim of making Uttar Pradesh the ‘Manufacturing Hub of India’ as per Prime Minister Narendra Modi’s dream, Chief Minister Yogi Adityanath will leave for Singapore and Japan today on a four-day foreign tour. This is the Chief Minister’s first foreign visit after his visit to Myanmar in 2017. This is being considered an important step in the direction of investment diplomacy and industrial expansion of the state.
During his stay in Singapore on 23-24 February and Japan on 25-26 February, the Chief Minister will meet representatives of 33 global companies. New opportunities for investment, technical cooperation and industrial expansion will be discussed in these meetings.
Direct communication with investors in G-2B meetings, CM Yogi in the role of ‘CEO of UP’
The special feature of this visit is that the Chief Minister will directly interact with investors through G-to-B (Government to Business) and round table meetings. He will clearly present the industrial roadmap, policy stability and business prospects of Uttar Pradesh. The Chief Minister will have result based communication with investors. During the tour he will address NRIs and people of Uttar Pradesh. He will also interact with school children and share the development journey of the state. The government believes that Uttar Pradesh, with a population of 25 crores, is a big center of both production and consumption. The huge workforce, large market and rapidly developing infrastructure provide a strong foundation to the goal of ‘Manufacturing Hub of India’.
Discussion on investment and technical cooperation with 25 global companies in Singapore
During his visit to Singapore, the Chief Minister will meet representatives of 25 companies. There will be discussions with Google and STT Global regarding data center infrastructure. There will be talks with Japfa Group and Olam International in the field of agribusiness. There will be dialogue with Mapletree and AI Sats for logistics networks, while clean and solar energy investments will be discussed with AVPN, GSC Greens and EDPR Sunseep.
Hospitality and theme park projects will be under consideration with Greenfield Ventures and DreamTrust. Possibilities of cooperation will be explored in packaging with Universal Success Group, industrial park with Sembcorp and aviation sector with Singapore Airlines Engineering Company.
Apart from this, capital investment from global investment funds like Temasek, GIC and Blackstone will be discussed. There will also be discussions on fintech and startup collaborations with Fullerton Financial, DBS Bank and Vertex Ventures.
Focus on automobile, semiconductor and electronics investment in Japan
During his stay in Japan, the Chief Minister will meet representatives of eight major companies. Investment possibilities with Kubota and Suzuki in the automobile sector will be discussed. There will be dialogue with Tokyo Electron in the semiconductor sector, Toshiba in electronics manufacturing and Toyo Denso, Japan Aviation Electronics and Nagase & Co. in the automobile supply chain. Discussions will be held with Canadavia in the field of green hydrogen and Marubeni for hospitality and real estate investments.
Presentation on Industrial Policy, Land Bank and Expressway Network
In the G-to-B and round table meetings, the Chief Minister will give information about the state’s industrial policy, land bank, expressway network, logistics system and skill development programs. The government hopes that these meetings will give impetus to investment proposals and pave the way for joint projects. This visit is being considered an important step towards giving ‘Brand UP’ a strong identity at the global level.
Big effort towards one trillion dollar economy
During this four-day visit, the Chief Minister will present to global investors the picture of the new Uttar Pradesh, where strong law and order, policy stability and fast connectivity provide a favorable environment for investment. This visit can prove to be important in making Uttar Pradesh a one trillion dollar economy and establishing ‘Make in UP’ on the global stage.