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foreign investment





                    with the success  UP eyes foreign investors                       the Indian partners like Jet,
                    ighly enthused
                                                                                      Tatas and Mahindra. It may be
                    of its national       for KUmbh mela 2019                         pointed out here that the state
                    investors sum-                                                    government is finalising the
          H mit organised in                                                          UP Defence and Aerospace
           Lucknow earlier this year, the                                             Manufacturing Policy 2018. In
           government is all set to lure   Beside boosting other sectors and industries, the   IT sector, they met giants like
           in global investors to the state.   UP team is promoting Ardh Kumbh Mela as both   Oracle, Intel, Sisko who have
           Part of this ambitious plan is   tourism and a spiritual opportunity, especially for   shown interest in investing in
           also to unfold and promote                                                 Noida, Uttar Pradesh’s IT city.
           the government’s Hindu-           the NRIs, writes Kulsum mustafa             Appreciating the US’s fo-
           tva flagship project, Ardh                                                 cus on ‘preventable’ strategies
           Kumbh Mela, on foreign land,                                               in the health sector, Singh said
           presently slated to be held                                                that as health minister he is all
           at Allahabad from January                                                  up for this model and UP will
           15 to March 4, 2019. The UP                                                collaborate on JE prevention
           team ensured that they used                                                strategies study with Stanford
           this project to promote Ardh                                               University.
           Kumbh Mela as both tourism                                                    The minister also talked
           and spiritual opportunity,                                                 about low-cost technology
           especially to the NRIs.                                                    developed by Indian diaspora
             A high-level government                                                  in the US that will be deployed
           delegation led by Siddharth                                                in place of MRI procedure. Ini-
           Nath Singh, State Health                                                   tially, this technology will be
           Minister visited the US earlier                                            used in the trauma centre.
           this month. Singh informed                                                    The major collaborations
           the press that some major                                                  are going to be in the Indian
           companies in the health,                                                   aviation industry which is
           Information Technology,   ity of the country and also on   project. The  20,000 crore   increasing by 15 percent and
           defence, are ready to invest   the foreign investments.  defence corridor covering   as many new airports are
           in Uttar Pradesh in a huge   The minister said that sev-  3,000-hectare land will run   coming up but there is still
           manner. He said that the US   eral international companies   through Aligarh to Chitrakoot  no Maintenance and Repair
           is just the beginning; the state   including Boeing, Lockheed   via Kanpur, Lucknow and   Overhaul (MRO) units for
           government delegation will   Martin have shown interest to  Jhansi.        repair of aircrafts in India
           be planning trips to Europe,   invest in the UP government’s   He said that the govern-  and aircrafts are being sent
           Korea and other countries to   ambitious defence corridor   ment will also be speaking to   to Sri Lanka for this. After this
           invite investment in the state.                                            agreement, MRO units will
             Happy with the ‘positive                                                 be set up in Meerut in Uttar
           feedback’ from the US, Singh                                               Pradesh.
           said that they were told by   uP Defence Corridor project                     The e-marketing giant
           the US representatives that                                                Amazon which is promoting
           “never before Uttar Pradesh                                                khadi may soon tie up with
           was represented in such a   ♦  20,000 crore project                        the state government to help
           planned, structured way.”   ♦  Will cover 3,000 hectare of land.           promote the concept of ‘One
           The minister said that he                                                  District, One Product (ODOP)’
           is confident that Indo-US   ♦  Single window system for entire Defence     through this. This said the
           strategic partnership, with   Corridor in place.                           minister will bring nearly
           special reference to Uttar                                                 five crore artisans on a single
           Pradesh, is in an expansion   ♦  Will run through Aligarh to Chitrakoot via   global platform.
           mode. Singh said that the rep-  Kanpur, Lucknow and Jhansi.                   Another important area of
           resentation was able to stress   ♦  Identification and Notification of land   collaboration will be on traffic
           the great hidden potential of   initiated.                                 decongestion. Here the uni-
           UP. He said Uttar Pradesh is                                               versity has shown interest too
           the backbone of the country   ♦  Pre-feasibility report to be ready by     and public health services.
           and its progress will have an   August end.
           overall effect on the prosper-                                                       letters@tehelka.com



                                            Tehelka / 31 may 2018  43  www.Tehelka.com



     43 Kulsum Mustafa.indd   3                                                                         17/05/18   3:47 PM
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