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Signals are positive, investments sure to come

The state that had not seen any major investment in the last 20 years was like a polar bear that had gone into hibernation, said aviation expert Faran Siddiqui.

lucknow Updated: May 27, 2012 16:18 IST
Hindustan Times

"Once this giant polar bear wakes up, it will make the entire world shake. With the kind of positive signals being given out, investments are sure to come in the state," he said.

Siddiqui suggested the aerospace industry could help in the growth of the state as it was connected to other industries such as travel and tourism, logistics and telecommunication.

It could create both direct and indirect job opportunities. It remained to be seen where this industry fitted in UP, he felt.

"It will not only create employment opportunities for at least 25 different types of engineers but also for technicians, those who go to night school for vocational training," he said, adding that these technicians, who are often overlooked, form the backbone of the aerospace industry provided they are given the little training that they require.

According to him, hi-tech and non disruptive technology could help create more jobs. Thus, the state should create a framework for this, he suggested.

First Published: May 27, 2012 16:16 IST