UP delegation met German industry representatives in Frankfurt and invited investment in the state. Emphasis was laid on cooperation in semiconductor and electronics manufacturing. German companies assured of long-term investment in UP.
Germany/Lucknow. Under the guidance of Chief Minister Yogi Adityanath and the leadership of Deputy Chief Minister Keshav Prasad Maurya, the delegation from Uttar Pradesh met German representatives in Frankfurt, Germany on Monday. In this meeting, German companies were invited to invest in Uttar Pradesh. The Deputy Chief Minister held detailed discussions with leading industry representatives of Germany and informed about the investment opportunities available in the state.
Germany Investors Meeting: Discussion with ZVEI and EA Elektro Automatic GmbH
Deputy Chief Minister Keshav Prasad Maurya interacted with Silke Sikter (ZVEI – Global Affairs & Economics, Indo-Pacific and China Affairs) and Markus Schieball, CEO, EA Electro Automatic GmbH about the investment. During the meeting, both the investors showed interest in investing in Uttar Pradesh and gave positive assurances. The discussions particularly focused on industrial cooperation and technological investment.
Semiconductor & Electronics Manufacturing: Emphasis on India-Germany partnership
In the meeting, there was a special discussion on further strengthening India-Germany cooperation in the field of semiconductor and electronics manufacturing. The Deputy Chief Minister said that Uttar Pradesh is a big market of 25 crore consumers and has become a major center of the rapidly growing Indian economy. Under the leadership of Chief Minister Yogi Adityanath, the state is developing investment-friendly policies and strong industrial infrastructure, making Uttar Pradesh emerging as a global investment destination.
German Companies Investment in India: Mention of Siemens and NXP
The German delegation pointed out that leading companies like Siemens and NXP are already investing in India. He said that India’s huge market of 25 crore consumers provides huge opportunities for German companies. The German representatives appreciated the cooperation being received from India and assured of long-term investment and partnership in Uttar Pradesh.
UP Foreign Investment Push: Confidence of long term cooperation
Deputy Chief Minister Keshav Prasad Maurya assured the German delegation that the Uttar Pradesh government will provide full support to investors through transparent policies and fast decision making process. The meeting is being considered an important step towards promoting foreign investment in Uttar Pradesh and opening new possibilities in the semiconductor and electronics sector.