Yogi government discussed industrial future with experts related to industry, investment, MSME, textile and infrastructure for ‘Vikas UP-2047’. The conference focused on enhancing investment attraction, manufacturing expansion, railway-aviation prospects and digital reforms.
Lucknow. Yogi government is preparing a blueprint for future policies based on the opinion of experts to fulfill the goal of ‘Developed Uttar Pradesh-2047’. At the “Shaping Uttar Pradesh Industrial Future: Strategies for Developed India-2047” workshop and conference held on Wednesday, officials from industry, investment, MSME, Khadi, infrastructure and policy planning held detailed discussions on the industrial progress and future needs of the state. A clear message emerged in the conference that under the leadership of Chief Minister Yogi Adityanath, Uttar Pradesh is fast becoming a trusted destination for investors and the industrial roadmap for the next 25 years can make the state the leading economic power of the country.
Emphasis on attracting investment and allotment of industrial land
State Transformation Commission CEO Manoj Kumar Singh said that Uttar Pradesh is now becoming the first choice of investors. He described better process of industrial land allocation, regular review of investment projects and skill development as the main basis of ‘Vikas UP-2047’. He said policy reforms, industrial parks and innovation-based ecosystem have strengthened the growth of the manufacturing sector. Improvements in ease of doing business have further simplified the investment processes.
Investment confidence is increasing due to strong financial condition
Infrastructure and Industrial Development Commissioner Deepak Kumar said that Uttar Pradesh is the third largest economy in the country. The state’s financial stability, rising capital expenditure and large young workforce make it extremely favorable for investment. He said that clear policies and industry-friendly environment are pushing UP towards becoming a global industrial power.
The vision of ‘Developed UP-2047’ is inclusive
Additional Chief Secretary, MSME and Industrial Development Department, Alok Kumar said that the vision document of ‘Developed Uttar Pradesh-2047’ is completely inclusive. The aspirations of all stakeholders have been included in this. He said that while the industrial and manufacturing sector is growing rapidly, the service sector also needs to reach its full potential. He appealed for collective efforts keeping in mind the global trends.
The state is progressing rapidly in 12 major areas
Principal Secretary (Planning) Alok Kumar said that Uttar Pradesh is progressing rapidly in 12 key sectors like expressways, civil aviation, MSME, energy, education and health. He said that the manufacturing sector will play a big role in making the state a trillion dollar economy. For this, industrial parks and innovation-based ecosystem are being expanded, so that UP can become a major growth engine in India’s development journey.
Immense possibilities in railway and aviation sectors
NITI Aayog Additional Secretary Rajiv Thakur said that there is huge potential for Uttar Pradesh in the railway sector. With strategic investment and planning, this area can give a new direction to industrial development. He said that the increasing airport network will give new impetus to investment and industrial activities. Setting short-term to long-term goals in road, rail, aviation, logistics and public transport will strengthen the industrial future of the state.
UP’s strong position in Khadi and textile sector
Anil Kumar Sagar, Principal Secretary, Textiles, Khadi and Handloom Department, said that 536 Khadi committees are active in Uttar Pradesh, which shows its economic relevance. The large number of women weavers also makes it socially strong. Uttar Pradesh is the leading state in the country in carpet and rug production and Khadi production can be further increased due to better availability of raw materials.
Boom in FDI, electronics exports and manufacturing
NITI Aayog Program Director Ishtiaq Ahmed said that the economic progress of UP is in a positive direction, but manufacturing expansion is very important for Developed India-2047. He informed that 55% of mobile phone production in India takes place in Uttar Pradesh and electronics exports are continuously increasing. The challenges related to FDI are linked to national level problems, for which both the Center and the states will have to find solutions together.
Nivesh Mitra 3.0 is helpful in ease of doing business.
Invest UP’s Additional Chief Executive Officer Shashank Chaudhary described Nivesh Mitra 3.0 as a major digital reform. AI based guidance, updated bye-laws and integrated investment services have catapulted UP towards the industrial ecosystem of the future. Uttar Pradesh is moving towards the top position in Ease of Doing Business due to completely online permissions and processes. Experts from FICCI, CII, ASSOCHAM, Laghu Udyog Bharti and other institutions also shared their views in the program.