Industry captains laud Uttar Pradesh for its visionary approach

Lucknow : Leading industrial giants have praised the state government’s visionary policies and the favourable industrial environment under Chief Minister Yogi Adityanath’s leadership. They noted a remarkable transformation in Uttar Pradesh over the past seven years, highlighting the state’s emergence as a prime investment destination.

During an event at Lok Bhavan on Friday, where Chief Minister Yogi Adityanath distributed incentives and Letters of Comfort to industrial units, prominent industrial groups affirmed that Uttar Pradesh is now setting new standards as an investment hub. The state has established a conducive environment for industries, implemented effective policies, and improved law and order, leading to significant current and future investment opportunities.

Senior officials from Samsung, JK Group, Birla Corporation, Gallantt, HCL, and Hinduja Group expressed their gratitude to CM Yogi and shared their plans for further investments in Uttar Pradesh.

Will enhance the skills of UP’s youth: J.B. Park-

J.B. Park, President and CEO of Samsung Southwest Asia said, “Samsung has a very deep connection with UP. When we came here first in 1996, no one could have imagined that Samsung will establish one of the largest mobile manufacturing factory in Noida. In 2018, it became a reality when we inaugurated East Mobile Manufacturing Facility. I am confident that we will continue to get the same support in the future from the UP Government. Samsung remains committed to invest in UP.”

He continued, “Our mobile factories in Noida are a shining symbol of the ‘Make in India’, and we remain committed to ‘Make for the world’ from India. We will continue to introduce cutting-edge technology and enhance localization. Also, we will help improve the employee ability of UP Youth through skilling as part of our CSR initiatives. Dhanyawad’.”

CM has demonstrated what ‘ease of doing business’ truly means: Raghavpati Singhania-

Raghavpati Singhania, Managing Director of JK Cement, stated, “Over the past six years, JK Cement has established three cement units, the most recent of which was in Prayagraj in 2024. Remarkably, this unit was completed in just 9 months and 28 days. This is the first state where the authorities actively monitor industry progress and inquire how they can assist.”

He further emphasized, “Today, I want to assure you that JK Cement has already invested Rs 1500 crore in Uttar Pradesh, and we plan to invest an additional Rs 1500 crore in the future. Of this, Rs 500 crore will be allocated to the medical sector, while Rs 1000 crore will be directed towards research and development, education, and new building materials. The Chief Minister frequently emphasizes the importance of ease of doing business, and he has truly demonstrated what that means through action.”

UP government has fulfilled its promise: Sandeep Ghosh-

Sandeep Ghosh, MD and CEO of Birla Corporation, stated, “Following ‘roti and kapda,’ ‘makaan’ is a universal aspiration. Every 100 bags of cement we produce goes towards constructing homes under the Pradhan Mantri Awas Yojana. The Uttar Pradesh government has acknowledged this contribution. The cement industry generates over ten times more employment compared to other sectors, also fostering skill development. Over the past five years, we have received an incentive of Rs 600 crore, which is substantially more and has been granted much more swiftly than in other states.”

He added, “Investment relies on several factors, including the governance environment in the state. However, the key factor is how effectively promises are fulfilled. This builds confidence among industrialists for reinvestment. Today, that confidence has been established for Uttar Pradesh. It is crucial that this favorable environment continues to ensure the security of our investments.”

We will invest ten times the amount provided by the UP government here: CP Agarwal-

Gallant Steel Chairman CP Agarwal said, “Gallant has invested more than Rs 1500 crores in Gorakhpur since 2006 and more than half of this investment has been made during the Yogi government.”
He further noted that the environment of honesty and transparency in governance and administration in Uttar Pradesh is a testament to the Chief Minister’s strong will. “In the past, problems were met with statements like ‘this work cannot be done,’ but now there’s a new question—‘why?’ This shift has transformed the entire decision-making process. I can confidently say that the grants received have been under the 2017 policy.”
He added, “I urge all entrepreneurs to invest in Uttar Pradesh. The UP government is currently providing us with substantial funds, and in return, we commit to investing ten times that amount in the state.”
*UP’s proactivity is making it a better state: Pawan K Dankar*

HCL CFO and President Pawan K. Dankar stated, “Uttar Pradesh is home to HCL. We are one of India’s top three companies, and one of our headquarters is located in UP. Our most recent investment in the state was in Lucknow, where we invested Rs 800 crore. This achievement was made possible due to the swift implementation of the government’s policies. Approximately 85 percent of the employees at the Lucknow unit are from UP, with 70 percent specifically from Lucknow. The UP government’s role has been crucial in this progress.”

He continued, “What sets this government apart is its proactivity. While challenges arise in every endeavour, the approach to resolving them is impressive. Over the next three years, we plan to invest Rs 4,200 crore in UP. Of this, Rs 500 crore will be invested in Lucknow, creating 6,000 jobs. Additionally, we have a project at Yamuna Expressway with an investment of Rs 3,700 crore. This global joint venture will be introduced to UP for the first time. The UP government’s policies are highly transparent, and here, one can openly discuss issues, with officials addressing them proactively.”

The UP government is the most progressive in the country: Shenu Agarwal-

Ashok Leyland MD Shenu Agarwal stated, “Ashok Leyland and the Hinduja Group have a presence in nearly every part of the country, but in recent months, the support, guidance, inspiration, and encouragement we have received from the Uttar Pradesh government has been unparalleled.”

He continued, “In August of last year, we had our first meeting with the Chief Minister. His vision for Uttar Pradesh’s progress, his enthusiasm for increasing investment and employment, and his commitment to fostering an ecosystem of innovation and growth were so impressive that, immediately after the meeting, the Hinduja Group decided to invest in Uttar Pradesh. Within a few weeks, an MoU was signed between Ashok Leyland and the state government, and within five months, the foundation stone of Ashok Leyland’s electric bus and truck manufacturing factory was laid. Such swift progress is possible only in Uttar Pradesh.”

Agarwal added, “The state government is not just the most progressive in the country; its thinking, passion, speed, and dedication are unmatched by any other state.”