Latest news with #ShashankChaudhary
Time of India
10-07-2025
- Business
- Time of India
Invest UP showcases UP's industrial edge at expo
Lucknow: Representing UP in the PHD Chamber of Industries and Commerce Industrial Safety, Fire Safety, and Disaster Response expo that began in Noida on Thursday, deputy chief of Invest UP, Shashank Chaudhary, said that "UP means opportunity". Tired of too many ads? go ad free now "Today, when we talk about UP, we talk about opportunity," he said, adding, "It is a rapidly evolving industrial landscape. UP hosts India's largest working-age population, empowered by premier institutions like IITs and IIMs, alongside an extensive network of technical and vocational institutes that continuously supply skilled manpower." Showcasing UP's policy-driven growth model, he spotlighted the flagship 'Nivesh Mitra' single-window clearance system, which ensures fast approvals and investor support through dedicated Udyami Mitras. With over 33 sector-specific policies in place, the state offers competitive capital subsidies, operational facilitation, and industry-ready infrastructure. An Invest UP pavilion was also set up at the expo to attract investors, who were attended by Udyami Mitras and Invest UP officials.
Time of India
24-05-2025
- Business
- Time of India
Uttar Pradesh showcases investor-friendly ecosystem at textile expo
Lucknow: Uttar Pradesh demonstrated its commitment to industrial development and textile innovation by participating in the Gartex Texprocess India 2025 expo in Mumbai from May 22-24. Tired of too many ads? go ad free now The expo, a leading platform for garment and textile machinery in India, provided a valuable opportunity for the state to showcase its growth potential and advancements in the textile sector. On the concluding day, an official spokesperson said, "The state delegation highlighted its investor-friendly ecosystem, robust infrastructure, and forward-looking policies to attract new investments into the textile sector." The state was represented by Shashank Chaudhary, ACEO, Invest UP, and KP Verma, joint commissioner of handloom and textiles department, along with others. They said, "The officials engaged in strategic discussions with domestic and international stakeholders. The productive one-on-one interactions with key textile associations helped strengthen alliances, attract investment, and position Uttar Pradesh as India's key textile manufacturing hub. " The spokesperson also said that as part of UP's resolve to become a one trillion dollar economy, the delegation promoted key initiatives, including the PM MITRA Park, world-class industrial corridors, and comprehensive policy frameworks designed to support textile manufacturing, machinery plants, and integrated textile parks. Discussions with textile manufacturers, garment exporters and machinery suppliers highlighted UP's competitive advantages: an abundant skilled workforce, logistical connectivity, power surplus and attractive incentives. Tired of too many ads? go ad free now Investors were invited to explore opportunities across traditional textile clusters and emerging hubs. Lucknow: Uttar Pradesh demonstrated its commitment to industrial development and textile innovation by participating in the Gartex Texprocess India 2025 expo in Mumbai from May 22-24. The expo, a leading platform for garment and textile machinery in India, provided a valuable opportunity for the state to showcase its growth potential and advancements in the textile sector. On the concluding day, an official spokesperson said, "The state delegation highlighted its investor-friendly ecosystem, robust infrastructure, and forward-looking policies to attract new investments into the textile sector." The state was represented by Shashank Chaudhary, ACEO, Invest UP, and KP Verma, joint commissioner of handloom and textiles department, along with others. They said, "The officials engaged in strategic discussions with domestic and international stakeholders. The productive one-on-one interactions with key textile associations helped strengthen alliances, attract investment, and position Uttar Pradesh as India's key textile manufacturing hub. " The spokesperson also said that as part of UP's resolve to become a one trillion dollar economy, the delegation promoted key initiatives, including the PM MITRA Park, world-class industrial corridors, and comprehensive policy frameworks designed to support textile manufacturing, machinery plants, and integrated textile parks. Discussions with textile manufacturers, garment exporters and machinery suppliers highlighted UP's competitive advantages: an abundant skilled workforce, logistical connectivity, power surplus and attractive incentives. Investors were invited to explore opportunities across traditional textile clusters and emerging hubs.
Fashion Network
23-05-2025
- Business
- Fashion Network
Uttar Pradesh unveils textile policies at Gartex Texprocess India 2025
The government of Uttar Pradesh has debuted new textile policies at Gartex Texprocess India 2025 as part of its push to become a $1 trillion economy and attract global investment. Invest UP and the Directorate of Handloom & Textiles are representing the state at the trade event, highlighting new opportunities in the textile and garment sectors. Speaking during the inaugural session, Shashank Chaudhary, ACEO of Invest UP, outlined the state's economic transformation and strategic focus on infrastructure, skilled labour, and innovation. 'Uttar Pradesh, home to a rich textile heritage from Banarasi weaves to Lucknow's chikankari, is now combining tradition with modernity," said Chaudhary, the UP government announced in a press release. "The upcoming PM Mitra mega textile park in Lucknow and a range of incentives under the U.P. Textile and Garmenting Policy– 2022 make UP a promising hub for textile manufacturing." The opening was attended by key industry stakeholders, including Maharashtra's minister of textiles, Sanjay Savkare. Presentations by K.P. Verma of the Handloom & Textiles Department and Anuruddha Kshatriya of Invest UP outlined policy incentives and business facilitation measures available to investors. Officials from Uttar Pradesh will continue engaging with businesses throughout the three-day trade show, reinforcing the state's emphasis on ease of doing business and sustainable industrial growth. The industry event runs from May 22 to May 24 in Mumbai.
