Uttar Pradesh invites aerospace, defence investment

The government is also looking at encouraging private sector participation to develop new airports.

Update: 2017-12-22 21:44 GMT
UP CM Yogi Adityanath attends the Uttar Pradesh Investors Summit, an interactive session with the members of Indian Industry, in Mumbai. (Photo: Asian Age)

Mumbai: Uttar Pradesh chief minister Yogi Adityanath on Friday visited Mumbai to appeal to industries and companies to invest in his state. He extended a hand to firms from the aerospace and defence sectors, which are key to its industrial development.

“We seek investments in aerospace and defence as they are one of the key thrust areas for industrial development in the state. Our civil aviation policy also provides more emphasis on developing aerospace sector,” Yogi Adityanath said.

Speaking at a CII event ‘Uttar Pradesh investors’ summit’, Mumbai road show, Adityanath said that his government has recently received permission from the Centre to set up an international airport at Jewar near Greater Noida and it help in providing good connectively with the state.

He also assured that the state would follow a zero-tolerance policy towards crime, which will support better investments. The government is also looking at encouraging private sector participation to develop new airports.

Along with the facility of dry cargo, aircraft maintenance hubs will also be encouraged.

Adityanath also met a host of bankers and industrialists in the run up to the UP Investors’ Summit to be held in Lucknow on February 21-22 next year. UP minister of industrial development Satish Mahana said, “Uttar Pradesh holds enormous potential for industrial development and my government is making all efforts to promote ease of doing business to create a business friendly environment in the state. Earlier,
 was not considered as preferred investment destination for industrialists as far as law and order was concerned.

Now the government has zero tolerance for crime and for people who are protecting criminals. ”

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