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The BJP-led government expects to attract an investment of Rs 1 lakh crore during 2018-19 across the sectors. File photo of Yogi Adityanath with Essel Grooup chairman Subhash Chandra For his
maiden visit to Mumbai on Friday, Uttar Pradesh Chief Minister Yogi Adityanath will roll out the red carpet for investments and hold one-on-one meetings with several industry captains,
including Essel Group chairman Subhash Chandra, Tata Trusts chairman Ratan Tata and Reliance Industries chairman Mukesh Ambani, among others. The BJP-led government expects to attract an
investment of Rs 1 lakh crore during 2018-19 across the sectors. To that end, the state government is organising a global investors summit in February and the chief minister is in the city
as part of its roadshow, organised by Confederation of Indian Industry. On Friday, Yogi Adityanath, accompanied by industries minister Satish Mahana, chief secretary Rajiv Kumar and
industrial development commissioner Anup Chand Pandey will meet a host of industrialists that also include Tata Sons chairman Natarajan Chandrasekaran, Reliance ADAG executive vice chairman
Satish Seth, HDFC chairman Deepak Parekh, and Hinduja Group of Companies (India) chairman Ashok Hinduja. UP government's principal secretary (information) Awanish Awasthi told DNA,
"The state government has already released a couple of policies including industrial and employment, information technology, agro-processing and food-processing. The government will
soon announce its tourism policy. We aim to attract an investment of Rs 1 lakh crore during 2018-19.'' Some of the fiscal incentives being considered are subsidies and concessions
include stamp duty exemption, capital and infrastructure interest subsidy, employee provident fund reimbursement and electricity duty exemption, subject to certain conditions, to attract
investments. OUT FOR BUSINESS The BJP-led government expects to attract an investment of Rs 1 lakh crore during 2018-19 across the sectors. The visit is part of a roadshow.
