UPITEX to Showcase Investment Opportunities in Uttar Pradesh

Lucknow: In a concerted effort to stimulate economic growth and bolster the manufacturing sector in Uttar Pradesh, the UP Chapter of the PHD Chamber of Commerce and Industry (PHDCCI) is gearing up to host UPITEX. This pivotal five-day event is slated to commence on January 25th and run through January 29th at the prestigious Indira Gandhi Pratishthan in Lucknow. The UPITEX is set to offer significant opportunities for B2C businesses to showcase and sell their products as well. With a diverse audience and a platform to reach a wide consumer base, businesses can leverage this expo to expand their market presence, establish connections, and explore new avenues for growth in one of India's most populous states. Whether it's showcasing innovative products or engaging with potential customers, participating in this expo can be a strategic move for B2C enterprises looking to tap into the vibrant market of Uttar Pradesh.

UPITEX is a strategic initiative aimed at unlocking Uttar Pradesh's potential, focusing on attracting investments and fostering trade. The event is expected to play a crucial role in contributing to the state's vision of achieving a $1 trillion economy.

The event aims to position Uttar Pradesh as an economic powerhouse, showcasing sectors such as Agri-Food and Farm, Architecture and Building, Lifestyle and Consumer Expo, Fashion Street and Furniture, Solar Energy, and Automobiles. Dedicated pavilions for each sector will provide a platform for exhibitors and attendees.

The UP International Trade Expo (UPITEX) is set to witness substantial involvement from over 300 exhibitors, both domestic and international. Countries such as Turkey, Thailand, Indonesia, Afghanistan, along with Indian regions like Jammu & Kashmir, Jharkhand, and Chhattisgarh, will actively participate, aiming to boost the state's trade and commerce. Noteworthy government entities, including the Ministry of MSME, Government of India, Department of Infrastructure Industrial Development Department, Govt. of Uttar Pradesh, ODOP, Invest UP, Khadi & Gram Udyog, Jammu & Kashmir Trade Promotion Organization (JKTPO), NABARD, SIDBI, and SBI, are also slated to join this significant event.

Key representatives from PHDCCI shared their insights in response to the upcoming UPITEX. Mr. Hemant Sapra, Co-Chair of the Uttar Pradesh Chapter, PHDCCI, expressed, "UPITEX is a strategic initiative to boost UP's business landscape, envisioning it as a catalyst for propelling Uttar Pradesh to the forefront of economic development."

Mr. Rajesh Nigam, Co-Chair, highlighted, "Positioning UP as an investment magnet, UPITEX aligns with our goal of fostering economic growth. The diverse pavilions promise a dynamic showcase of opportunities in sectors like agriculture, architecture, lifestyle, and more."

Dr. Ranjeet Mehta, Executive Director at PHDCCI, emphasized, "UPITEX stands as a testament to collaboration, bringing together over 300 exhibitors from across the globe. This platform not only highlights UP's potential but also nurtures international partnerships crucial for economic expansion."

Mr. Atul Srivastava, Regional Director, noted, "The substantial participation in UPITEX is a testament to its significance. We express gratitude to our members for their unwavering support over the past 118 years. Together, we will address industry challenges and ensure UP reaches new economic heights."

Other distinguished personalities present during the press conference included Dr. Jatinder Singh, Assistant Secretary General of PHDCCI, and Mr. Sudeep Goenka, Star Member of PHDCCI and Director of Shubham Goldiee Masale Pvt. Ltd., adding significance to the discussions and insights shared during the press conference.

The event is expected to attract local and international businesses, creating opportunities for collaboration and advancing Uttar Pradesh's economic aspirations.