Uttar Pradesh Chief Minister Akhilesh Yadav asked companies to invest in the state by assuring them that his government would revamp the investment related policies across sectors and create an enabling and business friendly environment.
He made this appeal at the CII Partnership Summit in Agra which was jointly organized by Confederation of Indian Industry, Union commerce and industry ministry and UP government.
He said he instructed officers to keep track of every valuable input or feedback they receive from delegates. He also asked them to come back with a charter which the government would diligently follow up after this summit. He said he also created high-powered committees to monitor execution of policies and take speedy executive decisions, where bottlenecks exist.
Yadav said that partnership with industry was critical for realization of the government's vision of prosperous agriculture, food processing and MSME sectors as well as for creation of world class infrastructure and strengthening the IT sector.
Ron Soners, President, United States - India Business Council (USIBC), said that his country was surely looking up to UP given the vast size and population. Americans are coming to UP, he announced.
Soners said that American firms are keenly interested in investing in UP's agri processing sector and power sector, considering the potential & opportunities. With the capacity of 16,000 mw proposed in new power projects, there is an opportunity of $16 billion for potential investors.