Lucknow: On the occasion of inauguration of Semicon India 2024 in Greater Noida, Uttar Pradesh Chief Minister Yogi Adityanath and Union IT and Electronics Minister Ashwini Vaishnav addressed a joint press conference. On this occasion, referring to the changed perception of Uttar Pradesh, the Chief Minister said that before the year 2017, no one wanted to invest in the state. Due to the changed perception, today investors from India and abroad are willing to invest in Uttar Pradesh. Today there is rule of law in Uttar Pradesh, there are investment-friendly attractive sectoral policies. There is a positive environment conducive to business. As a result, entrepreneurs want to come to Uttar Pradesh to invest.
Clarifying the difference between Uttar Pradesh before the year 2017 and after the year 2017, the Chief Minister said that in the year 2017, when we were planning the Investors Summit, we were told that only an investment of up to Rs 20 thousand crore would be possible.
Today the situation is that the state has received investment proposals worth Rs 40 lakh crore from the UP Global Investors Summit held last year. Out of this, till February this year, the state has succeeded in bringing investment proposals worth more than Rs 10 lakh crore on the ground. This reflects the work culture of the changed Uttar Pradesh.
Due to the changed perception, today investors from the country and abroad are willing to invest in UP.
The Chief Minister said that everyone has worked hard in the last seven years to make Uttar Pradesh an investment-friendly state.
Today we solve every problem of investors within a fixed time. The process of investment has been made the easiest through the online portal Nivesh Mitra. Earlier also there was talk of a single window system, but we implemented it seriously. Today no investor has to worry about his incentives. All the work is done online. Uttar Pradesh has implemented the Semiconductor Policy-2024. Attractive provisions have been made in the policy for investors in the semiconductor sector.
