Over 1 Lakh Crore Investors To Participate In UP Investor Summit

Uttar Pradesh is looking at signing memorandums of understanding to the tune of Rs 1 lakh crore at the upcoming investors summit in the state.

"We are expecting MoUs worth Rs one lakh crore in the summit," Infrastructure and Industrial Development Commissioner of Uttar Pradesh, Anup Chandra Pandey said

He said the investment summit on February 21-22 will be inaugurated by Prime Minister Narendra Modi.

"We are trying to build relationship with the investors with not just supporting them in investment, but honouring them," Uttar Pradesh Industrial Development Minister Satish Mahana said.

He said the state will introduce complete online single window system for all approvals, and with this, the maximum time-frame for clearances will be not more than one month.