1 year ago
Invest UP, IFCCI Collaborate to Boost French Investment
Invest UP is teaming up with the Indo-French Chamber of Commerce to bring more French companies to Uttar Pradesh.
They talked about how good UP is for business, with many highways and airports, lots of people, and helpful policies.
The goal is to get French businesses to invest in UP, especially in areas like cars, tech, and renewable energy.
They plan to have online meetings and share information to make it easier for French investors to come to UP.
Invest UP held a virtual meeting with the Indo-French Chamber of Commerce & Industry (IFCCI).
The meeting aimed to increase French investment in Uttar Pradesh.
IFCCI supports investment roadshows and B2B programs.
Uttar Pradesh has several investor-friendly policies and infrastructure.
Both parties will collaborate through virtual meetings and information sharing.
- Who
- Invest UP, IFCCI
- What
- High-level virtual meeting to boost French investment
- Where
- Virtual meeting
- When
- Not explicitly stated, but recently
- Why
- To deepen economic engagement and attract investment
Key facts
- Key Players
- Invest UP, Indo-French Chamber of Commerce & Industry (IFCCI)
- Meeting Focus
- Expanding industrial linkages and attracting French investment
- IFCCI Companies
- Over 850 French companies via Business France
- UP Strengths
- Expressways, international airports, large consumer base, investor-friendly policies
- Policies Mentioned
- UP Investment Promotion Policy 2023, GCC Policy, Electronics Manufacturing Policy
- Agreements
- Virtual investor meets, sectoral exchanges, co-branded outreach
Timeline
Uttar Pradesh launched a plan to attract investment, with global outreach.
It sped up land approvals to make the state business-friendly.
Then, Uttar Pradesh set up committees and provided land.
The state actively engaged European companies for investment.
Finally, Invest UP partnered with France's Chamber of Commerce.
Quotes
Mukesh Kumar Meshram
Principal Secretary for Tourism and Culture
“the pavilion will go beyond being an exhibition, offering a holistic experience.”
thestatesman.com
“Through cultural showcases and policy dialogues, Uttar Pradesh will be positioned as a competitive global tourism destination.”
thestatesman.com
Jaiveer Singh
UP Tourism and Culture Minister
“this initiative aims to position tourism as a key driver of the state government’s ambitious \$1 trillion economy vision.”
thestatesman.com
“Tourism lies at the heart of the Yogi government’s vision for Viksit India @ 2047.”
thestatesman.com
Sources
Invest UP strengthens strategic engagement with Indian Embassy in Germany to accelerate Foreign Direct Investment inflows
Invest UP’s France Desk deepens economic engagement with Indo-French Chamber of Commerce & Industry
'UP To Get Sant Kabir Textile & Apparel Parks': CM Yogi Adityanath
