Uttar Pradesh aims to become one trillion dollar economy: CM Adityanath

In a meeting of the High-Level Empowered Committee of Invest UP, Uttar Pradesh Chief Minister Yogi Adityanath said that the state has targetted to become a USD 1 trillion economy, as it has secured the second position in the country in 'Ease of Doing Business'.

Lucknow: The Uttar Pradesh government on Monday has targetted to become a USD 1 trillion economy to contribute to Prime Minister Narendra Modi's aim to make India a USD 5 trillion economy.

"Respected Prime Minister Narendra Modi has aimed to make India a five trillion dollar economy. In a bid to help the country achieve this goal, Uttar Pradesh is also targetting to become a one trillion dollar economy. With the help of the industrial sector, we will surely achieve this goal," Adityanath tweeted.

In a meeting of the High-Level Empowered Committee of Invest UP', formerly known as 'Udyog Bandhu', Chief Minister Yogi Adityanath on Monday announced that the Uttar Pradesh has secured the second position in the country in 'Ease of Doing Business'. The Chief Minister said it has been an outcome of the sustained efforts of the state government during the last three years.

Adityanath called upon the industrialists, entrepreneurs, and investors to come to the state for investment saying that "now Uttar Pradesh is the idea whose time has come".

He said that his government has come a long way in transforming the state into an investor-friendly place conducive to industrialisation with some proactive measures firmly in place.

Adityanath said the state government's ambitious project of Defence Corridor has potentially promised an investment of Rs 50,000 crore in the next two years and offers a good investment opportunity.

He stated that the state has a ready land bank of 20,000 acre on which the industries can be set up.

He further added that the revised MSME policy and Start-Up policy has already given impetus to the growth potential of the state.

"Traditional areas like electronics, IT, Food Processing, Dairy, Textiles, Tourism, and Films are still the fancied investment destination while Solar Power, Bio-Fuel, and Civil Aviation are joining these as potential investment hubs," CM Yogi said.

The CM said in the meeting that the proposed Jewar international airport in Noida will be the biggest in North India.

(With input from agencies)