Key Points

The Uttar Pradesh International Trade Show concluded with Union Minister Piyush Goyal praising the state's remarkable economic transformation. Goyal highlighted the significant progress made under Chief Minister Yogi Adityanath's leadership, including the establishment of new industrial units and successful economic initiatives. The event showcased UP's potential as an attractive destination for investors and entrepreneurs. Goyal also emphasized the importance of indigenous production and self-reliance in India's economic growth.

Key Points: Piyush Goyal Highlights UP's Investment Potential at Trade Show

  • Uttar Pradesh establishes over 3,000 new industrial units in recent years
  • Trade show highlights state's economic potential and investment opportunities
  • ODOP scheme expands to 750 districts with 1,200 globally recognized products
  • Goyal emphasizes importance of indigenous production and self-reliance
3 min read

UP Trade Show concludes in Greater Noida: Piyush Goyal says state is emerging as investors' choice

Union Minister Piyush Goyal celebrates Uttar Pradesh's economic transformation, emphasizing investor-friendly policies and development under Yogi Adityanath

"Under Chief Minister Yogi Adityanath's leadership, UP today stands on an unstoppable runway - Piyush Goyal"

Greater Noida, Sep 29

The third edition of the Uttar Pradesh International Trade Show (UPITS) concluded on Monday with grandeur and optimism for the state's economic future.

Speaking on the occasion, Union Commerce and Industry Minister Piyush Goyal, the chief guest at the event, lauded the Yogi Adityanath government for its efforts in transforming Uttar Pradesh into a business and investment hub.

"Under Chief Minister Yogi Adityanath's leadership, UP today stands on an unstoppable runway," Goyal declared, adding that in the past eight years, Prime Minister Narendra Modi's vision and the Yogi government's decisive governance had reshaped the state.

"Secure law and order and robust infrastructure have made UP a preferred choice for investors," he said.

Goyal emphasised the importance of Swadeshi production, noting that while companies and technologies may come from abroad, production and employment should remain in India. "This is the true meaning of self-reliance," he said.

Describing UPITS as a unique platform, he said it brings together government agencies, industries, exporters, MSMEs, startups, and women entrepreneurs under one roof.

"This togetherness is the true formula for Uttar Pradesh's development," he added.

The Union Minister also felicitated Team UPEPC, Team ODOP, Team CM Yuva Mission, and Team IEML for their contribution to the success of the trade show.

Highlighting the GST Savings Festival, Goyal said tax cuts on essential goods would provide significant relief to consumers.

Calling it the "biggest economic reform since Independence," he contrasted the present with the pre-2017 era, when he said "terror, crime, incomplete projects, and closed factories" plagued the state.

He noted that since the Yogi government took charge, over 3,000 new industrial units have been established, and major projects such as the Dedicated Freight Corridor, Expressways, Jewar Airport, and Multi-Modal Logistics Park are being realised.

Goyal also praised the success of the One District One Product (ODOP) scheme of the Yogi government, which he said has expanded across 750 districts nationwide, with more than 1,200 products earning global recognition.

He announced that Unity Malls will soon be built in Lucknow, Agra, and Varanasi to showcase products from all 75 districts of UP as well as other states.

Goyal urged entrepreneurs to embrace indigenous products and contribute to the vision of a 'Viksit Bharat' by 2047.

"As we celebrate 11 years of 'Make in India', Navratri, the 'GST Savings Festival', and Antyodaya Day, let us resolve to promote ODOP, support local industries, and strengthen the foundation of a self-reliant India," he said.

- IANS

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Reader Comments

R
Rohit P
Infrastructure development in UP is impressive but I hope the benefits reach all sections of society, not just big industries. More focus needed on rural employment generation.
A
Arjun K
As a startup founder from Noida, I attended UPITS and it was amazing! The networking opportunities and government support for MSMEs is truly commendable. Jai Hind! 🇮🇳
S
Sarah B
The Unity Malls concept is brilliant! Can't wait to see authentic UP products from all districts available in one place. This will boost tourism and local economy simultaneously.
V
Vikram M
While the progress is good, I'm concerned about environmental impact of rapid industrialization. Hope the government ensures sustainable development alongside economic growth.
K
Kavya N
The focus on women entrepreneurs is much appreciated! As a small business owner, I've seen how government schemes are empowering women in business. More power to us! 💪

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