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Home»Iran»Iran is keen to invest heavily in the UP, says its ambassador to India after meeting Yogi
Iran

Iran is keen to invest heavily in the UP, says its ambassador to India after meeting Yogi

R innissBy R innissNovember 9, 2022No Comments3 Mins Read
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Lucknow: Uttar Pradesh Prime Minister Yogi Adityanath met on Wednesday with delegations from the Iran-based India Foundation and the Institute of Politics and International Affairs and the country’s Ambassador to India Dr. Iraj Elahi. During a conference aimed at attracting investment from Iran, Dr Elahi said his country was considering investment opportunities in Uttar Pradesh, according to an official press release.

“Uttar Pradesh’s significant contribution to the Indian economy shows that the Indian economy will soon expand more rapidly. Iran is keen to invest heavily in Uttar Pradesh,” Dr Elahi was quoted as saying in a communiqué.

The ambassador added that the customs and cultures of Iran and India are very similar and that it “feels like home” here. He also praised Prime Minister Narendra Modi’s “independent and down-to-earth foreign policy” He also invited CM Yogi to visit Iran.

Earlier, welcoming the Iranian delegation, Yogi CM described Uttar Pradesh as the soul of India. “The UP state is India’s largest state, with a population of about 25 million. Today, the UP is the second largest economy in the country. We are not the largest state in terms of land, but we are the top producer of food grains It’s a country. We produce more than 20% of the total grain grown in the country,” he pointed out.

CM Yogi added that the state has the best water and agricultural resources and ranks first in fruit, vegetable and milk production, along with all other food resources including wheat and sugar. “Uttar Pradesh has made great strides in infrastructure development under Prime Minister Narendra Modi. Connectivity is good. Today, all parts of the state are connected by rail, excellent highways and air routes,” he said. said.

UP CM also said the state has emerged as the best destination for domestic industrial investment. “Cement, vegetable oil, textiles, cotton thread, sugar, jute, carpets, brassware, glassware, bangles and leather goods are his one of the state’s main businesses,” he said. He continued, “Traditional industries such as handicrafts, carpet making, metalwork, perfumes and leather goods account for the majority of exports from India. We currently have six highways in operation, and seven new highways will be ready soon.”

Speaking about the state’s contribution to the defense sector, CM said that Uttar Pradesh has received more than 93 worthy investment proposals. ¥11,250 kroner for the flagship defense corridor project. Under the Uttar Pradesh Defense Manufacturing Corridor, his BrahMos missile project in Lucknow is zipping forward. This will lead to the development of next-generation hypersonic missiles for the Indian military, he said.

CM also highlighted the steps being taken under the drone project, stating that “India’s drone sector ¥12,000-15,000 kroner by 2026. The government has announced plans to establish a Center of Excellence dedicated to drones at the Indian Institute of Technology Kanpur. This will facilitate research and facilitate the establishment of drone units within the state. ”



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