UP govt approves new aerospace and defence policy, reforms in FDI

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UP govt approves new aerospace and defence policy, reforms in FDI - Business Standard

Quick Summary:

The state cabinet meeting chaired by Chief Minister Yogi Adityanath in Prayagraj also approved an FDI policy among 10 key proposals aimed at accelerating the state's development, an official release said.

The Uttar Pradesh government on Wednesday approved a new Aerospace and Defence Unit policy to attract Rs 50,000 crore of investments and generate jobs for 1 lakh people.

The state Cabinet also approved the new FDI Policy to boost setting up of foreign industries in Uttar Pradesh in order to propel industrial and economic growth.