The Uttar Pradesh government has declined the Gujarat governments offer to be a partner state in the Vibrant Gujarat Global Investors Summit 2013, which will be organised in Gandhinagar from January 11 to 13 to attract investment by showcasing Gujarats strengths, progressive policies, initiatives and investor-friendly climate.
Instead, UP will attend the three-day event like an observer so that officials can gather experience before the proposed Global Partnership Summit 2013, which the state is hosting in Agra from January 27 to 29 in partnership with the Confederation of Indian Industry.
Kaushal Raj Sharma, Special Secretary in Infrastructure and Industry Development Department, will represent UP at Vibrant Gujarat. There will not any special interactive session for UP, nor will the state hire space to showcase its investment promotion initiatives.
The Small Scale Industries Department will, however, display products from carpet and leather industries for which they do not have to pay any charge. Sharma said, As UPs representative, I will interact with business houses one-to-one and apprise them about the investor-friendly climate in the state.
Gujarat chief secretary A K Joti had recently written to the UP chief secretary, offering it to be the partner state in the Vibrant Gujarat Summit 2013. A partner state gets 36 square metre space for setting up an office for showcasing its strengths and initiatives and holding meetings with business houses. State seminars will be organised, where each partner state will get time to highlight its investment promotion initiatives and sign memorandums of understanding with interested business houses. Sources said the Gujarat government is charging around Rs 5 crore from each partner state.
The very first reason for declining the offer is that the business houses participating in Vibrant Gujarat mainly focus on Gujarat, which has emerged as the most attractive destination for investment in the past few years. In the earlier summits, other partner states were not their priority, said an official.
Besides, UP will host the Global Partnership Summit 2013 that is a flagship annual international investment exposition organised by the Union Ministry of Commerce and Industry in partnership with CII, the official said. When we are going to host such a global event with the same objective of attracting investors, paying Rs 5 crore to any other state is not appropriate, said another official. The UP government is expecting participation by around 1,500 business houses from across the