U.P. Government signs agreement with Ernst & Young for
developing a Strategy for Investment Promotion in UP
An agreement between Udyog Bandhu and M/s Ernst & Young Pvt. Ltd., a prominent consultancy firm across the globe, has been inked today for carrying out a study on Strategy Formulation on Investment Promotion in Uttar Pradesh. Udyog Bandhu, Nodal agency of Industrial Development Department of Government of Uttar Pradesh for investment promotion emphasized the need to attract more investment in various sectors of state's economy and also to provide better and improved services to the entrepreneurs with regard to their issues pending with other Government Departments.
M/s Ernst & Young Pvt. Ltd. has been involved in studies of similar nature in various other states of the country as well.
Mr. V.N. Garg, Executive Director, Udyog Bandhu and IIDC, who was present at the occasion emphasized that this strategic study would prove to be a mile stone for investment promotion in the state, The need of the hour is to focus on many of the States' strength viz. our demographic dividend, human resource, abundant natural resources, strategic geographical location and leverage them to making the state one of the most attractive investment destination of the country.
The study will involve in depth interaction with various stakeholders and is expected to be completed by April 2012.