Published: Thu, February 22, 2018
Markets | By Noel Gibbs

PM Modi inaugurates 2-day Investors' Summit in Lucknow

PM Modi inaugurates 2-day Investors' Summit in Lucknow

Prime Minister Narendra Modi, while vowing implementation of all MoUs signed at the Uttar Pradesh Investors Summit 2018 here, has highlighted four major "Ps" that should be imbibed in a state for its progress.

Prime Minister Narendra Modi to inaugurate 2-day investors' summit in Lucknow starting on Wednesday; Summit aims to generate 10 lakh jobs in the next 5 years.

"Nearly 17 per cent of the total population of the country lives in Uttar Pradesh.the development story of the country can not be written without the state", Adani said.

The summit is aimed at showcasing investment opportunities and potential across various sectors in Uttar Pradesh.

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'The Purvanchal expressway and Bundelkhand expressway will ensure speedy development of Purvanchal and Bundelkhand region, " he said and cited the 11 new coming airports in the state under the Udaan scheme besides two global ones coming up at Kushinagar and Jewar. "The industry will now get a red carpet welcome, instead of facing red tape, in Uttar Pradesh", the PM said.

"So no one can stop the State from achieving its target of growth", he said. Extend welcome to the Prime Minister.

He said the State is working on a "One District, One Product" scheme.

The Mauritius leader, who is heading a high-level delegation of his country, also thanked the Prime Minister for giving land for the construction UP- Mauritius Pravasi Bharat building in Varanasi.

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"Tourism is a multiplier for growth".

Mukesh Ambani also raised the point of Namami Gange Project and also confirmed the key role of Reliance foundations in the project.

Adani group chairperson Gautam Adani said his group would develop a logistics park in the state.

Reliance Jio Wednesday said it will supply two crore JioPhones to the state of Uttar Pradesh in next two months.

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Anand Mahindra, chairman of Mahindra Group, said that UP's size, long rail network and human resource makes it a country in itself and should be competing not with other states, but with other nations. "This will be crucial for the state's development", he said.

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