A day before the state government was to organise a road show in Kolkata as a precursor to the Rs Investment Meet’ in lucknow on February 21 and 22, the Industry department got a shot in the arm with ITC showning interest in investing Rs 2000 crore in mega food processing plant and solar plant in UP.
CEO of ITC, Sanjiv Puri and MD of Tractors India ltd, Sunil Chaturvedi met Industry minister Satish Mahana and expressed willingness to invest in UP. The two companies also showed interest in making investments in heavy machines and defence equipment.
Industrial Development Commissioner Anup Chandra Pandey said that the UP Government organized road shows in Delhi Bangalore, Hyderabad, and Mumbai to attract investments. The fifth road show will be held in Kolkata on Friday.
“A high-level delegation led by Industrial Development minister Satish Mahana and comprising senior government officials would participate in the Kolkata road show to be held in ITC, Sonar. The road show will focus on promoting the state as a preferred investment destination and highlight investment opportunities in Uttar Pradesh,” Paney said.
The IDS said that the road show will be followed by business to government meetings in which the government will individually address investor concerns and queries as well as how the state could be part of their future investments or expansion plans.
Representatives from top industrial houses including Thermax limited, Techno Electricals, l&T, India Power Cell, Shyam Steel limited, Amitra International and ITC will take part in the meeting.
Officials from UP including Infrastructure and Industrial Development Commissioner Anup Chandra Pandey, Principal Secretary, Infrastructure and Industrial Development, Alok Sinha, Additional Chief Secretary (IT) Sanjiv Saran, Principal Secretary, Agriculture, Sudhir Garg and others will take part in the road show.