German Ambassador to India, Philipp Ackermann, met Chief Minister Yogi Adityanath at his official residence on Monday and the two discussed plans regarding industrial investment in Uttar Pradesh.
“With a trade history of more than 500 years, India and Germany are bound by a common history of economic cooperation. Under the guidance of the prime minister, the bilateral relations between the two countries are scaling new heights,” the chief minister said during his interaction on Monday.
Exhorting German entrepreneurs to invest in Uttar Pradesh, Yogi said UP was India's fourth-largest state area wise, and one of the country's fastest-growing economies.
“Attention is being paid to the needs of the investors. Better law and order, adequate and uninterrupted power supply, and the availability of a vast land bank in the state are encouraging for industries,” Yogi said, adding that the state’s industry-friendly policies had changed the business-industrial environment of UP.
The chief minister said that UP was becoming an ‘expressway state’ today. “Soon, the state will have five international airports. The first inland waterway from Haldia to Varanasi is in Uttar Pradesh only. A Defence Industrial Corridor is being developed here. Eastern Dedicated Freight Corridor and Western Dedicated Freight Corridor pass through Uttar Pradesh. Multimodal logistic hubs are being set up in the state at Dadri and Boraki. German companies will have a favourable environment here,” Yogi said while hard-selling the state’s potential.
The chief minister said that the government was setting up a grand Film City near Jewar international airport in Gautam Buddha Nagar where the Medical Device Park and Fin-Tech City were also being developed.
“There are limitless possibilities for investors here,” he said.
The chief minister said that the Defence Industrial Corridor being established in Uttar Pradesh was full of investment opportunities for Germany.
"We have a vast land and enough human resources. We are providing all necessary resources to the investor companies interested in defence production. This is a good platform for Germany. The UP Defence Industrial Corridor should be considered for investment," he said.
He further said that the state government was organising the Global Investors’ Summit in Lucknow from February 10 to 12. At the summit, the government will showcase the immense business opportunities in Uttar Pradesh and provide an excellent platform for the global business community to partner with the state in India's journey of progress.
During the talks, Philipp Ackermann said that Germany and India shared strong economic ties.
"We are working together in many areas such as scientific and social exchange, climate, environment, sustainable development and energy,” he said.
German Ambassador Philipp Ackermann said that big changes had been seen in Uttar Pradesh in the last six years. “Law and order has improved significantly. Work in the area of infrastructure development has been unprecedented. All efforts are being made to modernise the transport system, including airport, expressway, waterway and metro,” he said.
He further said that Uttar Pradesh had played a major role in environmental protection and in improving the eco-system through efforts like mass plantation, ban on single-use polythene and revival of rivers. “Germany appreciates these efforts,” he added.
“Germany is willing to work with the proposed metro light projects in Uttar Pradesh. Germany will ensure the availability of its technical experts in this important transport project,” Ackermann said.
The German ambassador said that Germany was Uttar Pradesh's partner in several fields. “Many industrial groups from Germany are interested in coming to Uttar Pradesh for the Uttar Pradesh Global Investors’ Summit in February. This summit will further strengthen the mutual relations between the two countries,” he said.