Noida to Grow as the Prime Business Hub in North India - Yogi Adityanath

Chief Minister of Uttar Pradesh, Yogi Adityanath has announced to develop Noida as the biggest hub of northern India. Stating that the state has secured the second position in the country in 'Ease of Doing Business', he said it has been an outcome of the sustained efforts of the state government during the last three years. He even called upon industrialists, entrepreneurs, and investors to come to the state for investment, proclaiming that ‘UP is the idea whose time has come’.

The state government has already announced a plan to set up country’s biggest film city in Noida. “Out of the MoUs of Rs. 4.28 lakh crore signed during the UP Investors’ Summit in 2018, MoUs worth Rs. 2 lakh crore have already been rolled out,” stated the CM. “In addition to this, the UP government has received over 50 investment proposals worth over Rs. 7,000 crore from investors of 10 countries, including Japan, United States, UK, Canada, Germany and South Korea. They want to shift their units from China to Uttar Pradesh,” he added.

The CM also informed that Nivesh Mitra portal, which provides 146 services, has been quite successful with a track record of 98 percent redressal of problems of investors and entrepreneurs.

"Defence and aerospace, warehousing, data centres, electrical vehicles and pharma sector are some of the emerging investment centres in the state. The government's ambitious project of Defence Corridor has promised an investment of Rs. 50,000 crore in the next two years and offers a good investment opportunity," he said, adding that the revised MSME policy and start up policy has already given impetus to the growth potential of the state.

Stating that the state has secured the second position in the country in Ease of Doing Business, he said it has been an outcome of the sustained efforts of the state government during the last three years

The CM also stated “The proposed Jewar International Airport in Noida will be the biggest in North India. The Kushinagar airport is also coming up, which will cater to eastern UP. Besides, Noida will be developed as the biggest hub of Northern India”. He also pointed out that the state has a land bank of 20,000 acre, on which industries can be set up. He said the government is coming out with a comprehensive land policy, besides formulating new Pharma Policy and Data Policy.

He said the 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. The CM also pointed out that UP, which contributes eight percent of the country’s GDP, is a big market with a population of around 24 crore.

About infrastructure development, CM Adityanath stated “UP is going to have a huge network of expressways, which will criss-cross the entire country.” A 340-km Purvanchal Expressway from Lucknow to Ghazipur, 290-km Bundelkhand Expressway linking Chitrakoot and Lucknow-Agra Expressway, 90-km Gorakhpur link expressway and 170-km Prayagraj link expressway are major e-way projects of the state government. “The state government has also decided to construct a 600-km Ganga Expressway from Prayagraj to the National Capital Region through Hardoi, Shahjahanpur, Kannauj and Meerut. This is going to be the longest expressway of the country,” he asserted.

Besides ministers and senior officers, State MSME Minister Siddharth Nath Singh, Infrastructure and Industrial Development Commissioner Alok Tandon, Additional Chief Secretary, MSME, Navneet Sehgal, among others, were present in the meeting.