UP amends incentive policy to attract foreign investors for equity

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The story "UP amends incentive policy to attract foreign investors for equity" was covered 2 weeks ago by Business Standard, a news publisher based in India.

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UP amends incentive policy to attract foreign investors for equity - Business Standard

Quick Summary:

Foreign firms investing in Uttar Pradesh by bringing in equity as well as loans will now be eligible to avail benefits under the state government's incentive policy.

The incentive policy has been rechristened as 'Foreign Direct Investment, Foreign Capital Investment and Fortune Global 500 and Fortune India 500 Investment Promotion Policy 2023'.

Through this, now foreign companies will also be able to invest in the state which brings in investment through equity as well as loan or any other source.