Piyush Goyal Highlights Uttar Pradesh’s Growth and Investment Potential at UPITS 2025

Union Commerce and Industry Minister Piyush Goyal praised Uttar Pradesh's remarkable transformation under Chief Minister Yogi Adityanath during the Uttar Pradesh International Trade Show (UPITS) 2025 in Greater Noida on September 29. Goyal lauded the state as a prime investment destination, crediting its secure business environment, robust infrastructure, and investor-friendly policies.

He emphasised that UPITS 2025 not only showcases Uttar Pradesh's economic and cultural potential but also reflects India's broader growth story. Goyal highlighted the state's turnaround since 2017, noting improvements in law and order, completion of pending projects, and enhanced investor confidence that have driven inclusive development.

Economic Reforms and Inclusive Growth

Goyal described UPITS 2025 as a platform bringing together government officials, industry leaders, entrepreneurs, exporters, MSMEs, women entrepreneurs, and startups, fostering the synergy needed for sustained growth. He also pointed to a recent GST reduction on everyday items during Navratri as a significant benefit to consumers, calling September 22 a historic milestone in India's post-independence reforms.

Critique of Previous Government

Targeting the Congress-led UPA government, Goyal criticised their handling of corruption, economic mismanagement, and weak growth, noting GDP growth of around 4%, inflation of 8-8.5%, and fragile foreign exchange reserves during their tenure.

Promotion of Local Products and Exports

Goyal praised initiatives like the One District One Product (ODOP) scheme and the establishment of a dedicated Ministry for Export Promotion. The ODOP programme, now extended to over 750 districts nationwide with more than 1,200 globally recognised products, has become a source of pride for local entrepreneurs. ODOP products are increasingly presented as gifts by dignitaries, including the Prime Minister and foreign ambassadors, highlighting their international significance.