 GREATER NOIDA, Sept 29: The third edition of the Uttar Pradesh International Trade Show (UPITS 2025) concluded on Monday with a grand closing ceremony. Union Commerce and Industry Minister Piyush Goyal, the chief guest on the final day, congratulated the Uttar Pradesh government on the event's resounding success. He noted, "UPITS reflects the economic, industrial, and cultural potential not only of the state but of India as a whole." He urged a collective commitment to promote indigenous products, encourage entrepreneurship, and realize the vision of a Viksit India by 2047.
Highlighting the remarkable transformation in Uttar Pradesh over the past eight years, the Union Minister praised the visionary leadership of Prime Minister Narendra Modi and the decisive governance of Chief Minister Yogi Adityanath, saying the state is now on an unstoppable growth trajectory. He emphasized that a secure business environment and robust infrastructure have made Uttar Pradesh the preferred destination for investors.
On the occasion, Piyush Goyal honored Team UPEPC, Team ODOP, Team CM Yuva Mission, and Team IEML with trophies for their pivotal role in making the event a success.
The Minister highlighted UPITS 2025 as unique in its inclusivity, bringing together ministers, government officials, industry representatives, entrepreneurs, exporters, MSMEs, women entrepreneurs, and startup founders. "When all stakeholders come together, it creates the perfect synergy, which is the true secret behind Uttar Pradesh's development journey," he remarked.
Goyal also referenced the "GST Savings Festival" recently announced by Prime Minister Modi, noting that the reduction in taxes on everyday items is a significant gift for consumers during Navratri. He described September 22nd as a historic milestone-the largest reform since independence, whose impact will be felt for decades.
Reflecting on the period before 2014, he stated that the UPA government had allowed corruption and economic mismanagement to stifle growth. "Back then, GDP growth hovered around 4 percent, inflation reached 8-8.5 percent, and foreign exchange reserves were weak," he said. He credited Prime Minister Modi's 11 years of consistent reforms for transforming the system-ensuring that resources like mines and spectrum are now allocated through transparent auctions, generating revenue for the government and boosting public confidence. |
