UP Cabinet Minister begins 5-day US visit to woo investors
What's the story
Uttar Pradesh Cabinet Minister Sidhartha Nath Singh today began his five-day visit to the US with a high-level meeting with Medtronic, one of the largest health companies in the world. The Yogi Adityanath government is also likely to showcase its two mega projects, Jewar International Airport and UP Defense Corridor during the business meetings in major US cities this week. Here are more details.
Top firms
Delegation of top US firms are scheduled to meet Singh
Among top US-based companies scheduled to hold parleys with a top-level UP delegation led by state Health Minister and government spokesperson Sidharth Nath Singh, include Lockheed Martin, Boeing and Honeywell, which are marquee global aviation corporations. A five-member delegation, also comprising UP Infrastructure and Industrial Development Commissioner (IIDC) Anup Chandra Pandey will interact with US industry captains in San Francisco, New York, Washington, Stanford.
Cath labs
Medtronic is interested to open cath labs in UP
"Medtronic company has evinced keen interest in establishing cath labs in every district hospital of the state. Meetings will also be held with officials of ride-hailer Uber, which is so far serving commuters only in Lucknow and want to expand to tier-2 cities in the state," Singh said. He said that officials of Mastercard and Visa are likely to meet him.
Other meetings
Adobe, CISCO have plans to setup manufacturing unit in UP
Apart from this, Adobe and CISCO, have plans for setting up manufacturing units in state, Singh said. "My San Francisco visit will be related mostly to health and information technology," he said. Singh, who is also UP government's official spokesperson, said that on May 1, he will visit Stanford University and deliver a lecture on the vast potential of Uttar Pradesh in several fields.
Diaspora
Minister would also meet UP diaspora in New York
The UP Cabinet Minister is also likely to attend a meeting of UP diaspora in New York on May 5. "We also want to explore the possibility of setting up a financial hub/center in state, which will deal in banking and stock exchange activities," he said. The other companies lined up for the series of business and investment meetings include Amazon, Intel, Oracle, PepsiCo.
Information
Business meetings were organized under the aegis of USISPF
The business meetings are being organized under the aegis of US-India Strategic Partnership Forum (USISPF). On October 23, 2017, top business leaders from blue-chip companies under the USISPF umbrella had met UP Chief Minister Yogi Adityanath in UP to explore investment opportunities in the state.