Govt focus on tech transfer for self-reliant UP: CM

Lucknow: Back from a foreign tour to Singapore and Japan, chief minister Yogi Adityanath on Sunday said that his govt's focus will be on ensuring the transfer of technology to make UP self-reliant.After securing commitments worth Rs 2.5 lakh crore from foreign investors through a series of meetings held in the two countries, senior govt officials said green hydrogen, clean energy, robotics, semiconductors, fintech and semiconductors were the domains where technology transfer was guaranteed by the international companies that showed interest in exploring opportunities in UP.
Through govt-to-govt, govt-to-business and business-to-business meetings, the state govt was able to hold 60 fruitful interactions during the visit.The CM said that structural reforms and sector-oriented policies introduced by the state govt put UP on the global map, attracting interest from foreign investors."Big-ticket infrastructure projects such as the Purvanchal, Bundelkhand and Ganga expressways, defence corridor, data centres, and common manufacturing facilities are an added advantage, providing a stable ecosystem and a stable business environment for companies to grow," he said.Yogi said that once these proposed investments were implemented on the ground, they would create lakhs of direct and indirect employment opportunities for the youths. "Investments in IT, automobiles, logistics, defence production, green energy and the MSME sector will give new strength to the state's economic structure," he said.A senior govt official said the USD one trillion economy goal was not merely a figure, but a roadmap for comprehensive economic transformation, where industry, agriculture, services and exports all would contribute in a proportionate manner. "Brand UP is not just limited to our country; it is influencing the decision-making process of investors who are settled in developed countries. Our recent tour shows the value that strong law and order holds for the development of a city, districts, a state, a region and a country. That is the feedback we received from the investors," a senior govt official said."Single-window platforms, stakeholders' meetings and regular summits between industry representatives and govt officials are also helping the state to fine-tune its offerings and policy structure," said the officer.