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Invest UP gathers industry feedback

Invest UP gathers industry feedback

Time of India21 hours ago
Lucknow: To gather feedback on key state govt policies and incentives designed to promote industrial growth, Invest UP, the state's investment promotion agency, convened a stakeholder consultation meeting with key functionaries from leading industry associations here on Tuesday.
An official spokesperson said that the primary focus was to discuss and seek recommendations on more than 33 sector-specific policies, with a special emphasis on foreign direct investment (FDI), the Uttar Pradesh Industrial Investment and Employment Promotion Policy 2022 (IIEPP) and the Uttar Pradesh Bio-Plastic Industry Policy 2024.
Industry representatives shared valuable suggestions to address policy gaps, improve investor facilitation in approvals and incentives and strengthen strategies for boosting industrial growth while simplifying compliance.
Discussions covered a wide range of topics — from land allotment and availability to proposals for greater inclusion of MSMEs in various incentive schemes.
Investor grievance redressal also emerged as a key discussion point. Invest UP informed participants that these mechanisms, including those related to investor issues, clearances and approvals, will be further strengthened in the upcoming Nivesh Mitra 3.0.
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Invest UP assured participants that their feedback will be escalated to the relevant authorities for resolution.
The meeting was led by CEO Invest UP Vijay Kiran Anand and attended by Confederation of Indian Industry (CII), Federation of Indian Chambers of Commerce and Industry (FICCI), ASSOCHAM, Indian Industries Association (IIA), Indo-American Chamber of Commerce (IACC), Laghu Udyog Bharati, besides others.
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