UP Cabinet minister Sidhartha Nath Singh begin 5-day US visit to woo investors

Press Trust of India  |  Lucknow 

Cabinet

today began his five-day visit to the US with a high-level meeting with Medtronics-one of the largest health companies in the world.

Among the top US-based companies scheduled to hold parleys with a top-level UP delegation led by state health and government spokesperson Sidharth Nath Singh, include Lockheed Martin, and Honeywell, which are marquee global aviation corporations.

The proposed in Greater Noida and the Defence Corridor in Bundelkhand region are projected to boost industrial climate in Uttar Pradesh, which has over the past decades not witnessed setting up of any mega industrial unit except the National Capital Region (NCR).

A five-member delegation, also comprising UP (IIDC) will interact with the US industry captains in San Francisco, New York, and

"Back to back meetings have been firmed up with top officials of global companies, officials and the diaspora. My tour will start with a visit to - one of the largest health companies in the world.

The company has evinced keen interest in establishing cath labs in every district hospital of the state. Meetings will also be held with officials of ride-hailer UBER, which is so far serving commuters only in and want to expand to tier-2 cities in the state," Singh told from

He said that officials of and Visa, who want to expand their footprint in UP, are likely to meet him.

Apart from this, and CISCO, have plans for setting up manufacturing units in the state, Singh said.

"My visit will be related mostly to health and information technology," he said.

Singh, who is also UP government's official spokesperson, said that on May 1 he will visit University and deliver a lecture on the vast potential of in several fields.

The UP cabinet is also likely to attend a meeting of the UP diaspora in on May 5 before wrapping up his tour.

"We also want to explore the possibility of setting up a financial hub/centre in the state, which will deal in and stock exchange activities," he said.

The other companies lined up for the series of business and investment meetings during Singh's stay in the US include Cisco, Amazon, Intel, Adobe, Oracle, 3M, Pepsico, Medtronics, Visa, Uber, Master Card, and other companies.

The business meetings are being organised under the aegis of US-India Strategic Partnership Forum (USISPF). On October 23, 2017, top business leaders from blue-chip companies under the USISPF umbrella had met UP chief here to explore investment opportunities in the state.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, May 01 2018. 01:20 IST