Investment-hungry UP govt seeks to tap Indo-Canadian bizmen

Maulshree Seth Posted online: Saturday, Jan 04, 2014 at 0000 hrs
Lucknow : In yet another attempt to draw investment to the state, Uttar Pradesh government has decided to hold “round-table” meeting with the Indian origin businessmen and politicians from Canada, who arrived in India Friday evening as part of ‘India Trade Mission’ of Indo-Canada Chambers of Commerce.

Though the meeting is scheduled to take place on January 6 and the delegation has also confirmed its arrival, final clearance about presence of Chief Minister Akhilesh Yadav is still awaited before giving final shape to the event. Apart from chief minister and other ministers, heads of 12 government departments related with infrastructure and industry are expected to be part of the meet.

In the past, Akhilesh has failed to attend some of the investors meet despite prior commitment. Last month, he had not turned up for a meet organised in Lucknow for attracting investors towards the information technology projects. Another investors meet, scheduled in Delhi, was also cancelled last month as Akhilesh could not spare time.

The delegation from Canada would be visiting different parts of the country and are scheduled to start their formal meetings with the stake holders in India from Uttar Pradesh on January 6. They are also scheduled to participate in Pravasi Bhartiya Divas in Delhi from January 7-9, NRI Sammelan in Chandigarh on January 10 and then similar meetings in Pune, Mumbai, Ahmedabad, Ludhiana, Hyderabad and Chennai.

“The purpose of the mission is to promote bilateral trade between India and Canada. Every region and province has its unique opportunities and the reason for selecting Lucknow as one of our destinations this time was to break the reservation and perception that Uttar Pradesh is not open for investors,” Naval Bajaj, president of Indo-Canada Chamber of Commerce, told The Indian Express.

Expressing high hopes from the state government, he said there is lot of potential in the state especially in sectors like food, agriculture, food processing, energy and education.

“We hope to open the doors between Uttar Pradesh and Canada,” he added.