The Uttar Pradesh government, to ensure all-round and balanced socio-economic progress, is presently working on policies to enable a conducive and attractive environment for the global investor fraternity. In this direction, a new Industrial Investment and Employment Promotion Policy-2022 has been formulated after consultations with all stakeholder and analysis of the best practices prevalent in various states in India.
The draft of the proposed policy aims to establish Uttar Pradesh as a nationally and internationally competitive investment destination, thereby generating employment and igniting sustainable and inclusive economic growth in the state. It primarily focuses on fostering a progressive, innovative and competitive industrial ecosystem to enable the state’s aim of becoming a one trillion-dollar economy.
Infrastructure and Industrial Development Commissioner Arvind Kumar said, “In the last few years, Uttar Pradesh has emerged as one of India’s fast growing economies and as a dream destination for industrial investment. Leveraging the infinite potential of the state, Uttar Pradesh has set an ambitious vision of making the state a trillion-dollar economy.”