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West Bengal: Team Yogi got investment proposal of 7000 crores in Kolkata roadshow, industrialists said this A to Z Counsel

West Bengal: business community present at the UPGIS23 Kolkata Roadshow


West Bengal: business community present at the UPGIS23 Kolkata Roadshow
– Photo: Agency

Expansion

Kolkata has also approved the economic policies of Uttar Pradesh Chief Minister Yogi Adityanath. To make Uttar Pradesh a trillion dollar economy, the Yogi government has made a detailed action plan and is working on it. Under this, Team Yogi organized a roadshow event in Kolkata on Tuesday and invited investors to attend the Global Investors Summit 2023. Leading industrialists participated in the event organized at The Oberoi Grand Hotel, Kolkata. During this industrialists signed 14 Memorandum of Understanding (MoU) for an investment proposal of 7000 crores.

During the programme, the industrialists also watched the video message of Chief Minister Yogi Adityanath. During the road show event, UP’s Industrial Development Minister Nand Gopal Gupta ‘Nandi’, Labor and Employment Minister Anil Rajbhar, Transport Minister Dayashankar Singh, Minister of State for IT Ajit Singh Pal, Additional Chief Secretary (Agriculture) Manoj Singh, Principal Secretary Tourism Mukesh Meshram, UPCIDA CEO Mayur Maheshwari, MSME Secretary Pranjal Yadav etc were present.

Industrial Development Minister Nand Gopal Gupta ‘Nandi’ invited industrialists to invest in the state while explaining about the investment friendly policies of the Yogi government. Minister Anil Rajbhar said that UP’s policy and environment is the best, so we are inviting all of you to the big market.

Chief Minister invites investors

Video message of Chief Minister Yogi Adityanath was broadcast in the roadshow event. Yogi Adityanath said in the message that under the able leadership of Prime Minister Narendra Modi, India has become a favorite destination for investors. A new era of political stability and good governance has been created under the leadership of PM. UP, rich in natural resources, is a leading state in ease of doing with good governance, zero tolerance towards crime and corruption, largest consumer market, single window portal Nivesh Mitra, investment friendly policies.

UP is the best place to invest in all aspects. UP is poised to become the second largest economy of the country. Despite the global corona pandemic, plans for a record Rs 4 lakh crore investment have started in UP. This shows the confidence of investors towards UP. As per the resolve of the PM, UP is ready to speed up India’s economic growth.

MoU signed from here in Kolkata

Many industrialists from Kolkata signed MoUs. A total of Rs 7000 crore MoUs were signed in Kolkata. 250 crore MoU was signed by Tata Steel Down Stream Products Limited. Haldiram Bhujia Wala 500 Crore, Anmol Feeds 50 Crore for Fish Farming, Greentech Environment Pvt Ltd 2000 Crore, Allenberry (Medical Gas) 200 Crore, Shyam Metallics 630 Crore, Eastern Equipment ENT 25 Crore, Lux Industry Limited 50 crores in textile, Captain Steel 1650 crores, Char Nauk Hospital (SKM Group) 200 crores, SRMB 250 crores in steel manufacturing, Infinity Infotech Park 400 crores, Bala Ji Wafers 500 crores for food processing , Meghdootam Travels signed an MoU of Rs 150 crore.

Emphasis on the possibilities of employment of more than 14 thousand

The industrialists coming from Kolkata appreciated the steps taken by the Yogi Government for providing more than 14 thousand employment opportunities to the youth of Uttar Pradesh. Tata Steel Down Stream Products Limited agreed to provide employment opportunities to 300 people. Haldiram Bhujia Wala 1500 youths, Anmol Feeds 200 jobs for fish farming, Greentech Environment Pvt Ltd 5000 youths, Allenberry (Medical Gas) 200 jobs, Shyam Metallics 720 jobs, Eastern Equipment ENT 50 jobs, In textile, Lux Industries Limited to provide 500 jobs, Captain Steel to provide 1800 jobs, Char Nauk Hospital (SKM Group) to provide 1700 jobs, SRMB to provide employment opportunities to 750 youths in steel manufacturing. Infinity Infotech Park 500, Balaji Wafers 1500 for food processing and Meghdootam Travels assured 5000 youths to come to Uttar Pradesh for employment.

If the Yogi government called, we will become partners

Entrepreneurs openly said that there has been a lot of spectacular and creative development work in Uttar Pradesh in recent years. Now, due to crime-free UP, the condition there has changed. The Uttar Pradesh government has taken the initiative to make the entrepreneurs of Kolkata partners in the development of the state, so we want to see Uttar Pradesh acting as the growth engine of New India. Investors also discussed their changed attitude towards Uttar Pradesh due to crime-free, favorable environment for investment, tourism-industrial policies.

Uttar Pradesh became prosperous from market point of view

Abhijit Roy, Managing Director & CEO, Berger Paints spoke about MILTE. Said that Uttar Pradesh has now become prosperous. They are attracted towards Uttar Pradesh in terms of M-Market, I-Infrastructure, L-Land, T-Tax and E-Ease of Doing. Market is very important. Modern and progressive roads for investment become the foundation of business. Roy also highly praised the rules and discipline of UP. It is said that because of this all the works there are successfully executed. If we talk about the rate of interest, attractive schemes of profit are also prepared in this. The desire of business with adequate solutions to all these things motivates every businessman.

Number nine out of 10 to the government: Abhijeet Rai

Abhijeet Rai, Managing Director and CEO, Berger Paints Group, said, “We had applied for the land in 2019 near Shandilya Industrial Estate, Lucknow. The land was allotted to us only after about two months of applying. Meanwhile, even after the arrival of Kovid in 2020, our work continued and all the processes were completed. After that we started the construction work. During this we did not face any problem. Got all kind of cooperation from the government. We have completed the work on December 2022. Now the final phase work is going on. We are going to inaugurate it in February 2023. We don’t have any idea about the law and order in the past, but till date we have not faced any kind of problem. We had a great experience. We need market, law and order should be good, tax benefits should be there, infrastructure should be good and ease of doing business should be there. Uttar Pradesh government is better in all these things, they will get eight to nine numbers.

Yogi government gave road as well as security

Ramakant Barman, Managing Director of Green Tech Environment Management Pvt Ltd said that he is looking forward to setting up four to five Waste to Energy plants in Uttar Pradesh. There is a lot of potential in cities like Lucknow, Varanasi, Gorakhpur etc. Already working in Kashi. It was possible only under Yogi’s rule that traders could be safe. You can fearlessly go on the highway even at two o’clock in the night. Yogi Adityanath gave us this protection, that’s why we want investment here. The Yogi government has made proper arrangements for electricity, roads and water. We are moving towards Uttar Pradesh for big investment there.

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