Latest news with #UPGlobalInvestorsSummit
Time of India
11 hours ago
- Business
- Time of India
Govt unveils outreach plan to attract investments ahead of GIS in Feb 2026
Lucknow: After the success of the Global Investors Summit 2023, the Uttar Pradesh govt is now planning a fresh outreach to attract new investments, an official spokesperson said on Wednesday. "Invest UP has crafted a comprehensive strategy, including national and international roadshows to boost investor engagement. International roadshows will be held in Singapore, Japan, South Korea, the UAE, Qatar, and Canada in Sep-Oct, aligning with the 'China Plus One' strategy," he said. The 'China Plus One' strategy is a business approach where companies diversify manufacturing and supply chains by expanding operations beyond China. Adding that the primary goal was to attract fresh investment proposals for the UP Global Investors Summit (GIS) scheduled for Feb 2026, the spokesperson said that to ensure strong domestic participation, national-level roadshows would be organised in major cities in Dec-Jan. Officials said that ahead of the new investor outreach programme, the govt will organise fifth groundbreaking ceremony (GBC-5) in Nov with an initial investment target of over Rs 5 lakh crore, hoping that the figure would rise to Rs 10 lakh crore closer to the event. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo "Uttar Pradesh has implemented 16,478 projects worth Rs 12.1 lakh crore through previous GBCs. Of these, 8,363 projects worth Rs 4.33 lakh crore have already commenced commercial operations, while another 8,115 projects worth Rs 7.76 lakh crore are nearing operational rollout," an official said. Invest UP has identified emerging areas under the New Outreach Policy. The Global Capability Centre (GCC) Policy has been notified, and the Footwear and Leather Products Policy will be notified soon. Drafts of the Sustainable Aviation Fuel and Private Investment Promotion Policy have been prepared. These policies will include provisions such as the Quick Investment Promotion Scheme, exemption limit for expansion/diversification, and conversion of MSMEs to large enterprises. To ensure the success of the new outreach plan, the govt is holding an hour-long investor roundtable meeting every 15 days. Meetings are also held every week to update the strategy based on investor feedback. High-level meetings are also being held to generate new leads in collaboration with the ministry of external affairs (MEA).
News18
21 hours ago
- Business
- News18
UP unveils outreach strategy to attract investments ahead summit
Agency: PTI Last Updated: Lucknow, Jul 23 (PTI) After receiving investment proposals of over Rs 35 lakh crore during the 2023 Global Investors Summit, the Uttar Pradesh government is now rolling out an outreach drive to attract new investments, an official statement said. Invest UP, an investment promotion agency of the state, has crafted a comprehensive strategy, including national and international roadshows, to boost investor engagement, the statement said. International roadshows will be held in Singapore, Japan, South Korea, the UAE, Qatar, and Canada during September-October. While national-level roadshows will be organised across major Indian cities from December to early January 2026. The primary goal is to attract fresh investment proposals for the UP Global Investors Summit (GIS) scheduled for February 2026. The state government is set to organise the fifth Ground Breaking Ceremony (GBC-5) in November 2025, with an initial investment target of over Rs 5 lakh crore, the statement said. According to officials, this figure could rise to Rs 10 lakh crore. So far, Uttar Pradesh has implemented 16,478 projects worth Rs 12.10 lakh crore through previous GBCs. Of these, 8,363 projects worth Rs 4.33 lakh crore have already commenced commercial operations, while another 8,115 projects worth Rs 7.76 lakh crore are nearing operational rollout, the statement said. The outreach initiative aims to make UP a global investment destination through direct dialogue with investors, promotion of new policies, and active participation in international and national forums. The government is holding weekly meetings to update the strategy based on investor feedback. High-level meetings are also being held to generate new leads in collaboration with the Ministry of External Affairs (MEA). PTI ABN ABN SHW view comments First Published: July 23, 2025, 14:56 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
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Business Standard
26-06-2025
- Business
- Business Standard
UP govt acquires 600 acres in Gorakhpur for new industrial township
While Gida has acquired 600 acres for the township in the 17 villages, the acquisition process is ongoing to increase the land inventory Virendra Singh Rawat Lucknow The Uttar Pradesh (UP) government has acquired 600 acres in Gorakhpur, the political stronghold of Chief Minister Yogi Adityanath, to attract investment and accelerate industrial growth in the state's eastern region (Purvanchal). The site has been slated for the development of a modern industrial township under the Gorakhpur Industrial Development Authority. The proposed 'Dhuriyapar Industrial Township' or 'Greater Gida' aims to increase investments in Eastern UP, which lags Western UP. Gida Chief Executive Officer (CEO) Anuj Malik said the master plan for the township has been approved, and the land allotment process —spanning two industrial sectors — will begin soon. While Gida has acquired 600 acres for the township in the 17 villages, the acquisition process is ongoing to increase the land inventory. Leading companies, including the Adani group, are interested in setting up their units in the Greater Gida enclave. According to officials, the Adani group was considering setting up a cement factory under the ACC brand. Shree Cement and Keyaan Distillery have also sought parcels for their greenfield projects in the township. The Yogi-led government was also planning to establish an electronic manufacturing cluster within the township, officials added. Once completed, the Dhuriyapar Industrial Township would become one of the largest industrial land banks in Purvanchal. The recently inaugurated 91 km Gorakhpur Link Expressway will also boost the prospects of the upcoming industrial hub. At the UP Global Investors Summit (GIS) in February 2023, the state had secured fresh investment proposals worth ~40 trillion. The state now plans to host the GIS 2.0 in the current financial year. Major private investor, SLMG Beverages, a Coca-Cola bottling partner, was planning a phased investment of ~8,000 crore to expand its supply network, the company's deputy CEO Rahul Kumar said. SLMG holds nearly 50 per cent of the beverage market share in UP, and operates 7 bottling plants across eastern and western regions. The growing network of expressways, airports, proposed logistics and export hubs has contributed to a marked improvement in the 'ease of doing business' perception, thus translating into growing private investment. Besides manufacturing, the Yogi government is also promoting the services sectors, viz. tourism and information technology (IT) sectors, for boosting socioeconomic development and creating jobs.
Time of India
20-06-2025
- Business
- Time of India
Dixon third company to come up in electronics hub
Noida: Dixon Technologies has secured 22.5 acres in YEIDA's electronics manufacturing cluster (EMC) in Sector 10 near the upcoming Noida International Airport, becoming the third company to join the hub. Officials said on Friday that Dixon has received a letter of intent (LoI) for setting up its manufacturing unit for mobile phones, consumer electronics, telecom equipment, lighting products, and white goods. YEIDA CEO Arun Vir Singh informed Dixon Technologies that their proposal was approved in-principle. However, the final allotment was subject to clearance from the Invest UP Empowered Committee and adherence to state policy guidelines and regulatory norms. Recently, approvals were issued to two other firms — Ascent-K Circuit and Aurionpro ToshiAutomatic Systems — for units under the central govt's EMC 2.0 scheme. The land allotment in the 206 acre cluster gained strong traction from top industrial players, officials said. YEIDA officials said the land acquisition process was ongoing, and provisional LoIs were issued in line with policy clearances. "With Dixon joining the cluster, officials expect the EMC in Sector 10 to emerge as a key electronics manufacturing hub in north India, catalysing further investment and job creation in the region," the CEO added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Utendorf: GEERS sucht 700 Testhörer für Hörgeräte ohne Zuzahlung GEERS Undo The EMC 2.0 in Sector 10 received in-principle approval from the Ministry of Electronics and Information Technology (MeitY) during the 7th Project Review Committee meeting held on April 11. Havells India Ltd has been designated as the anchor unit and is allotted 50 acres within the cluster. Dixon Technologies operates 12 plants in Noida and one in Greater Noida, managed by its subsidiaries and joint ventures. The company operates dedicated manufacturing units for phones for Xiaomi, Motorola and Nokia, besides earphones and headphones under Boat Lifestyle. In 2023, Dixon Technologies signed an MoU with the UP govt during the UP Global Investors Summit, with Sunil Vachani, chairman of Dixon Technologies, announcing plans for additional units for manufacturing and designing electronic products in Noida. Dixon's Greater Noida plant, sprawling over 20 acres in Ecotech 8, manufactures refrigerators. Collaborating with a Japanese company Rexxame, Dixon operates another Noida plant focusing on manufacturing PCBs for air conditioners.
