Akhilesh meets CEOs in Germany during ‘invest in UP’ drive | lucknow | Hindustan Times
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Akhilesh meets CEOs in Germany during ‘invest in UP’ drive

Chief minister Akhilesh Yadav, who is in Germany to participate in the Hannover trade fair, met chief executives officers (CEOs) of manufacturing and IT sectors on Thursday. Inviting the industrialists to invest in UP, Yadav said the Samajwadi Party government had taken several investor-friendly measures to boost development. He also launched a website on IT policy.

lucknow Updated: Apr 17, 2015 12:26 IST
HT Correspondent
Akhilesh Yadav

Chief minister Akhilesh Yadav, who is in Germany to participate in the Hannover trade fair, met chief executives officers (CEOs) of manufacturing and IT sectors on Thursday. Inviting the industrialists to invest in UP, Yadav said the Samajwadi Party government had taken several investor-friendly measures to boost development. He also launched a website on IT policy.

The chief minister, who is leading a high-level delegation to Germany, visited ‘Digital India’ pavilion and centres of solar PV manufacturing companies to have first-hand view of progress in renewable energy sector.

While visiting the stall of PTC Industries, Yadav met its managing director Sachin Agarwal, who has invested in UP.

PTC Industries is the leading investor in casting foundry in India and abroad.

Talking to industrialists, Yadav said the UP government had chalked out an action plan to boost solar energy and a policy had been implemented in this connection. Pointing out that the role of solar energy had become vital to meet the growing demands of electricity in the state, Yadav said while the state had been generating 10,000 mw electricity, efforts were being made to add 13,000 mw to improve the situation. The chief minister also told the industrialists that in the current fiscal, his government had earmarked Rs. 29,000 crore for the power sector. Referring to UP rooftop solar photovoltaic power plant policy-2014, Yadav said the people could now set up plants on rooftops for electricity. Chief secretary Alok Ranjan highlighted the scope of solar and renewable energy in UP. He said the solar policy was attractive for investors.

Chief minister’s special secretary GS Navin Kumar, who is accompanying Yadav, said UP had emerged as an IT hub of north India, exporting software worth $ 4,296 million in 2013-14. He said an IT park was also being set up in Lucknow.