UP steps up efforts to reach out to 74 global firms looking to exit China

European Business Group hails covid-19-induced labour reforms in UP; state goes online to connect with five nations and companies like Microsoft, Dow and IBM and showcase investment opportunities

Amid reports that global corporations are exploring opportunities to move out of China following the coronavirus outbreak, the Uttar Pradesh government has stepped up efforts to woo such companies for investing in the state.

Upping the ante, the government has kick-started the process of confabulating, albeit over videoconference, with ambassadors of foreign countries, global business entities and representatives of companies.

Recently, UP micro, small and medium enterprises (MSME) and export promotion minister Sidhart Nath Singh and other senior officials had interacted with a group of leading industrialists and investors of the US, South Korea and Japan.

Yesterday, Singh held a webinar meeting with