GLOBAL INVESTORS SUMMIT 2023

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The Uttar Pradesh (UP) government recently held its regional Global Investors Summit in Lucknow from February 10 to 12. UP government representatives, domestic conglomerates like Reliance and Godrej, and multinational corporations (MNCs) like IKEA and Lulu Group signed a number of agreements at the summit's conclusion.

UP held investor meetings in 20 nations, including Thailand, Japan, Australia, and the Netherlands, in addition to planning roadshows in numerous Indian cities, in an effort to position itself for a successful summit.

MNCs keeps in pratice regulations governing their individual industries, the existence of preferential economic zones, and the restrictions placed on tax advantages as more Indian states now directly compete with one another for foreign investment.

Invest Karnataka, Magnetic Maharashtra, Invest Madhya Pradesh, Advantage Assam, and Bengal Global Business Summit are among the state's local rivals in Global Investors Summit.