Prime Minister Narendra Modi addresses the third version of the UP Worldwide Commerce present
| Photograph Credit score:
ANI
Emphasising that Uttar Pradesh is rising on the new hub of funding, Prime Minister Narendra Modi on Thursday inspired traders to discover investments within the state underscoring the criticality of self-reliance (Aatmanirbharta) with concentrate on enterprise fashions that promote Swadeshi.
Talking on the third Uttar Pradesh Worldwide Commerce Present, the Prime Minister famous that the State is shaping new dimensions of growth and has develop into a brand new hub of funding and progress.
Uttar Pradesh is filled with extraordinary potentialities, he mentioned including, that in recent times, a revolution in connectivity has diminished logistics prices. UP has now develop into the State with probably the most expressways and worldwide airports. Infrastructure initiatives such because the devoted freight hall and defence hall are reworking UP into an industrial hub.
He additionally underscored initiatives comparable to Namami Gange and One District One Product (ODOP) which are selling cruise tourism and heritage tourism, putting UP on the worldwide map. Modi highlighted that 55 per cent of India’s cell phone manufacturing takes place in UP, and shortly a semiconductor facility can be established right here, taking the nation’s self-reliance to new heights.
Beneath the management of CM Yogi Adityanath, UP is progressing quickly. Its improved connectivity has diminished logistics prices, and with probably the most expressways and airports, it has develop into engaging for funding, he added.
Self-reliance
The Prime Minister emphasised strengthening the spirit of Swadeshi, urging that what could be made in India have to be made in India.
Aatmanirbharta is a necessity, not an choice, the Prime Minister careworn calling on entrepreneurs to design enterprise fashions that advance self-reliance. Stressing high quality, he famous that solely user-friendly and sustainable merchandise of the very best requirements may give Swadeshi international recognition.
Highlighting self-reliance, he mentioned India’s armed forces now search Swadeshi tools. In UP, AK-203 rifle manufacturing with Russia is about to start, whereas the defence hall will increase arms manufacturing. A serious semiconductor facility close to Higher Noida may even make UP pivotal in Atmanirbhar know-how. The PM urged traders to faucet into UP’s new development alternatives.
PM Modi mentioned next-generation GST reforms have laid the inspiration of India’s development story by decreasing the tax burden on widespread households. He cited examples—tax on a ₹1,000 shirt has dropped from ₹170 earlier than 2014 to simply ₹35 as we speak, whereas levies on necessities comparable to hair oil and face cream have fallen from ₹31 to ₹5.
Equally, taxes on tractors, three-wheelers, and two-wheelers have been minimize drastically, giving households a median annual saving of ₹25,000 and the nation a collective saving of ₹2.5 lakh crore.
Highlighting the aim of a developed India by 2047, the Prime Minister mentioned that regardless of international uncertainties, India is discovering new instructions. A younger and expert workforce, a dynamic shopper base, and democratic stability make India probably the most engaging for funding.
He inspired funding in UP, saying: “together with your efforts, we’ll construct a developed India.” The PM mentioned that UP’s progress is the inspiration of a self-reliant India.
Printed on September 25, 2025