Uttar Pradesh Global Investors Summit (UPGIS) 2023 With BigHearts

The Uttar Pradesh Global Investors Summit (UPGIS) 2023, scheduled to be held from 10–12 February 2023 in Lucknow, is the flagship investment summit of the Government of Uttar Pradesh. The summit will bring together policymakers, corporate leaders, business delegations, academia, think-tanks and political and government leadership from across the globe to explore business opportunities and forge partnerships. The initiative is aligned with the vision of the Hon’ble Prime Minister of India to make the country a USD 5 Trillion economy, and the government of Uttar Pradesh aims to make the state a USD 1 Trillion economy in the next 5 years.

The Government of Uttar Pradesh has implemented several strategic measures to establish a comprehensive ecosystem for industrial development. This policy-driven governance approach has resulted in the creation of over 25 policies aimed at attracting investment across various sectors, such as Defense & Aerospace Manufacturing, EV Manufacturing, Warehousing & Logistics, Electronics Manufacturing, Tourism, Textile, MSME, and more. The upcoming Uttar Pradesh Global Investors Summit (UPGIS) 2023 is an opportunity for the state government to showcase the investment attractiveness of Uttar Pradesh to the global investor community, thus fostering inclusive development within the state. The summit aims to create an enabling environment for investors to capitalize on the numerous opportunities available in the state.

UPGIS 2023 is expected to draw more than 10,000 delegates, comprising domestic and international participants from over 20 countries. The summit offers a unique platform for business networking, knowledge sharing, and forging strategic partnerships, as it brings together business leaders, political and economic dignitaries, entrepreneurs, and industry associates from around the world. The Government of Uttar Pradesh has set a target of attracting investment intents worth INR 10 Lakh Crore at UPGIS 2023. To facilitate this, the government has introduced a new online system for signing Memorandums of Understanding (MoUs) and monitoring their implementation, thus streamlining the investment process.

In the run-up to UPGIS 2023, the Government of Uttar Pradesh is conducting roadshows across 16 countries and 8 major Indian cities to promote the investment attractiveness of the state and encourage investment intents. Notably, several advanced economies such as the United States of America, United Kingdom, Canada, Japan, South Korea, Singapore, Germany, The Netherlands, and UAE have already committed to participating as the ‘Partner Country.’ The event will include several knowledge sessions, Partner Country Sessions, B2B/B2G/G2G Meetings, Networking Meets, and an Innovation Exhibition that will showcase global tech products from around the world. Additionally, the event will also showcase art and craft representation of Uttar Pradesh, cultural programs, and other elements.

The upcoming Uttar Pradesh Global Investors Summit (UPGIS) 2023, scheduled to take place in Lucknow, is an initiative aligned with the vision of making India a USD 5 trillion economy, and the government of Uttar Pradesh aspires to make the state a USD 1 trillion economy in the next five years. The summit will bring together policy makers, corporate leaders, and other stakeholders from across the world, generating widespread influence and offering a unique forum for business networking, knowledge sharing, and strategic partnerships. The state government has set an ambitious target of attracting investment intents worth INR 10 lakh crore and has implemented a new online system for signing and monitoring Memorandums of Understanding (MoUs). Additionally, the summit will offer a range of sessions, meetings, and exhibitions aimed at facilitating cross-border investment commitments and spurring economic development.

Our Experience in UPGIS 2023

As the Founder and CEO of BigHearts Venture LLP™, I recently had the opportunity to attend the Uttar Pradesh Global Investors Summit (UPGIS) 2023 held in Lucknow, India. The 3-day long Investors Summit was a perfect platform for policy makers, corporate leaders, business delegations, academia, think-tanks and Political and Government leadership to explore business opportunities and forge partnerships.

As a Public Private Partnership Consultancy Firm, BigHearts Venture LLP™ is committed to the advocacy of holistic development by providing assistance, guidance & consultancy for businesses and technological ventures. With a comprehensive understanding of government affairs, we assist private corporations to collaborate with them or vice versa, with the aim of developing better technologies and enhancing the infrastructural services of society.

During the summit, we met various H.S Excellencies and IAS officers such as Mr. Freddy Svane Ambassador of Denmark, Mr. Kevin Cheok Ambassador of Singapore, highly regarded Bureaucrats such as IAS Shri S.P. Goyal, IAS Shri Pankaj Pandey, and IAS Shri Abhishek Singh and other Hon’ble Ministers such as Shri Adityanath Yogi Ji (Hon’ble Chief Minister of Uttar Pradesh), Shri Swatantra Dev Singh Ji (Hon’ble Cabinet Minister of Jal Shakti GoUP), Shri Suresh Khanna (Hon’ble Cabinet Minister for Finance GoUP), Shri Nand Gopal Nandi (Hon’ble Cabinet Minister for Industries GoUP). We were pleased to have the opportunity to discuss the potential opportunities for mutual growth and development, as well as the challenges faced by businesses in the region.

As an advocate for public policy, we were encouraged to see the Government of Uttar Pradesh's commitment towards creating a holistic ecosystem for industrial development, by formulating 25+ policies to attract investment across various sectors such as Defence & Aerospace Manufacturing, EV Manufacturing, Warehousing & Logistics, Electronics Manufacturing, Tourism, Textile, MSME, etc. The state government also came out with a new online system for signing Memorandums of Understanding (MoUs) and monitoring their implementation.

At the summit, we witnessed knowledge sessions, cross-border investment commitments and the Summit was an amalgamation of World Business, Political & Government leaders coming together for the economic development of our country. We were impressed to see the focus of the Uttar Pradesh Global Investors Summit on creating a comprehensive, sector-specific approach that encompasses all facets of business development.

We also had the opportunity to meet and network with various industry leaders and entrepreneurs who were excited to explore the potential of the Indian market. The Summit facilitated an exchange of ideas, best practices, and insights into the global investment landscape. It was evident that the Government of Uttar Pradesh is committed to providing a conducive environment for businesses to flourish and create a sustainable, inclusive growth model.

As a Public Private Partnership Consultancy Firm, we were encouraged to see the Government's focus on creating a conducive environment for businesses to flourish. We believe that public-private partnerships can be a powerful tool for economic development and progress. We are excited to collaborate with the Government of Uttar Pradesh and various businesses to help build a sustainable and inclusive future for the state and the country as a whole.

In conclusion, our experience at the Uttar Pradesh Global Investors Summit 2023 was nothing short of incredible. It was a truly inspiring event that brought together the best and brightest minds in the business world. We believe that the summit has opened up a world of possibilities for businesses looking to expand and explore the Indian market. We look forward to continuing our engagement with the state of Uttar Pradesh and various businesses to create a better, brighter future for all.

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