The Prime Minister's comment came as the chief minister spoke about his government's initiatives to transform Uttar Pradesh from a "BIMARU" state to a developed one and said that 1,045 MoUs were already signed ahead of the summit.
Union minister Smriti Irani today lauded the Yogi Adityanath government in Uttar Pradesh over the law-and-order situation and said it had earned worldwide praise because of the improved scenario in the state.
"The investors' summit is an opportunity to showcase Uttar Pradesh's potential".
The Prime Minister said worldwide airports would come up in Jewar and Kushinagar.
Kumar Mangalam Birla said they are planning to invest around 25,000 crores in Uttar Pradesh in the near future.
Flood Watch issued for Lapeer County
National Weather Service forecasters said Tuesday morning that up to two inches of rain has already fallen. Rainfall totals could range from just under an inch to 2.5 inches across East Central Illinois.
Mr Modi, who participated in a similar programme in Mumbai recently said, Maharashtra has set a target of trillion dollar economy."I set this challenge before UP to compete with Maharashtra and let us see who will become the first trillion dollar economy", he said.
"Tourism is a multiplier for growth". "Not red tape, but red carpet will welcome investors in Uttar Pradesh", he said. "Besides, this kind of healthy race will strengthen the spirit of competitive and cooperative federalism", Modi said. During the event, the Prime Minister also launched Nivesh Mishra, a single-window digital clearance portal.
Rajya Sabha MP Subhash Chandra will address the media and entertainment session during the summit. Then, Adani group's chairman Gautam Adani said that India's GDP is going to triple in the coming years, and that the country is being recognized as a reliable option for investment from various countries. "We will also open an IT-enabled services centre in Varanasi soon", Chandrasekaran said.
Reliance Industries Ltd chief Mukesh Ambani said the Prime Minister's dream was to make UP "Sarvottam Pradesh".
He congratulated the State for establishing itself on the path of development and prosperity in such a short timeframe.