Union Home Minister Amit Shah has said that despite global uncertainties, India has achieved a 7.8 percent growth rate and is maintaining its position as the fastest-growing major economy. Inaugurating the Uttar Pradesh International Trade Show UPITS at Greater Noida this afternoon, Mr Shah cited robust global indicators for India. He noted that Moody’s has upgraded India’s growth forecast, while Japan’s JCR has elevated the nation’s sovereign rating. Mr Shah stated that the country is moving forward with the resolve of Viksit Bharat by 2047. He said exports have witnessed a manifold increase and there has been rapid progress in the semiconductor sector.
Lauding the Yogi Adityanath-led government, Mr Shah said, strict law and order, combined with favourable industrial policies and proactive governance, has created a highly attractive investment environment in Uttar Pradesh today. He said investments in the defence sector are flowing into Uttar Pradesh through the defence corridor. The Home Minister said the BrahMos missile system being manufactured in the state and the AK-203 rifles being produced in Amethi highlight the state’s new role in defence production.
Mr Shah stated that the Noida Airport, expressways, and improved connectivity reflect the changing industrial landscape of Uttar Pradesh. He noted that the state is now advancing in the sectors of investment, industry, and manufacturing and is poised to move towards the goal of becoming a one trillion dollar economy.
In his address, Uttar Pradesh Chief Minister Yogi Adityanath said that the state has emerged as the manufacturing hub in the country. He highlighted the participation of Japan, Vietnam, Russia, Singapore, Austria, and Belarus as partner countries in the UPITS 2026. The Chief Minister noted that their special pavilions are elevating bilateral trade commitments to new heights, paving the way for strategic partnerships, technology transfers, and joint ventures.
He emphasised that under the leadership of Prime Minister Narendra Modi, India has signed Free Trade Agreements with major global economies, which Uttar Pradesh is actively leveraging. He added that the significant presence of international buyers at the event is a clear indicator of global trust in the quality of the state’s products, its robust supply chain, and the credibility of its entrepreneurs. The Chief Minister informed that over two thousand 400 exhibitors are currently participating in the sprawling 36 thousand-square-meter export center.
