UP woos global majors looking to exit China
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New Delhi, May 13 -- The Uttar Pradesh government has initiated talks with the US, South Korea, Japan, Thailand and members of the European Union as part of its efforts to attract companies to invest in the state, especially those looking to shift from China.
Chief minister Yogi Adityanath has formed an economic task force that will focus on companies willing to move out of China following the coronavirus outbreak, said Siddharth Nath Singh, minister for investment, export promotion and MSMEs in the state.
"It is the belief and vision of the chief minister to convert the pandemic into an opportunity. The state government has decided to attract investment and approach countries that want to move their businesses out of China," said Singh...
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