Investments in UP spread across regions: Minister Nand Gopal Gupta 'Nandi'

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Investments in UP spread across regions: Minister Nand Gopal Gupta 'Nandi' - Business Standard

Quick Summary:

The UP government is the only state to have announced a dedicated foreign direct investment (FDI) policy aimed at attracting investments from Fortune Global 500 and Fortune India 500 companies into the state.

To facilitate rapid industrialisation, UP has approved the Nodal Investment Region for Manufacturing (Nirman) Kshetra Act, 2024, which aims to create four special investment regions (SIRs) across the state’s geographical areas, leveraging a 20,000-acre land bank.

What has been the response from domestic and global investors to the industrial and investment policy of UP?