The Central government had decided during good old days of friendship with West Bengal Chief Minister and TMC supremo Mamata Banerjee to hold the summit in Kolkata. But after the divorce with the TMC, Anand Sharma, Union Commerce and Industry Minister, wanted to shift the venue elsewhere.
He had talked to the UP CM over telephone on Wednesday to find if he would allow the summit to take place in Agra. He had also sent a letter to Akhilesh a day before.
Sources in the department of industrial development told Mail Today that the Akhilesh Yadav has already written to the department to make arrangements for the summit and report to him.
"We see this opportunity as a reward to the SP government in the state to attract global investors. You can call it a return gift to the SP, which had saved the Congress-ruled UPA in the Centre after Trinamool's recent withdrawal of support," an officer said on the condition of anonymity.
"Although Akhilesh Yadav had recently held a meeting with some of the industrial houses and a few global investors, he had not received encouraging response from them. But since the Central government would be involved in Agra summit, we could attract some of them with the help of union ministry of commerce and industry," he said.
"Even the union minister in his letter to the CM had stated that it could be a good platform for UP to market the prospects of industrialization in the state. The CM welcomed his decision and hoped that UP would soon be on the path of industrialisation," the officer added.
Anil Kumar Gupta, Commissioner, Industrial Development, said, "We will organize the summit successfully."
The Global Investment Summit is held every year under the auspices of the Central government and Confederation of Indian Industries (CII). It was held many a times in Kolkata in past. Last year it was held in Hyderabad. The CII members claimed that since then more than two dozen big projects have been started in Karnataka with the held of foreign investors.
Alok Saxena, Chairman of CII, UP state council, said, "It is a positive sign for the industries in the state."
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"CII in UP is actively involved with the state government on various verticals. We have formed joint working groups on power and renewable energy, skills development, branding of UP, agriculture and food processing, industrial policy, infrastructure, healthcare and information technology where CII is being involved in policy advocacy to the state. We had recently held a meeting with US ambassador to India, Nancy Powell, and minister counselor for commercial affairs U.S. embassy, Judy Reinke. They had also met the CM to improve business interaction and industrial climate of UP. They want minimum risk prone regions for the investors. We hope the CM would be able to give this assurance in the summit," he added
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