UP amends incentive policy to attract foreign investors for equity

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.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Fortune 500 Foreign investors UP Incentive policy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 17:33:33 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 375 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23395326

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