Lucknow. The third ground breaking ceremony is going to be held on June 03 in Uttar Pradesh, which has become the first choice for investors in the last five years. Prime Minister pic.twitter.com/MTUrPcR1VY
— ANI (@ANI) August 22, 2021
Meanwhile, Prime Minister Narendra Modi is also expected to attend the proposed event at Indira Gandhi Foundation, Lucknow. Chairman, CEO, directors of all national and international companies including Adani Group, Microsoft India, Reliance Industries, Hiranandani Group, Birla Group, ITC Group and others. Other representatives will also participate. Chief Minister Yogi Adityanath held a meeting with top officials on Monday and gave instructions regarding the outline of the program. He said that Uttar Pradesh has emerged as the best destination for industrial investment in the country in the last five years under the guidance of Prime Minister Modi.
Uttar Pradesh, which was ranked 14th till 2017 in the national ranking of Ease of Doing Business, is at the second position today. Now “Team UP” has to work with the goal of coming first in this ranking. He said that in the last UP Investor Summit, we had received investment proposals worth more than 4.68 lakh crores. Out of these, proposals worth more than 3 lakh crores are being realized on the ground today. Now this third ground breaking ceremony will give flight to the aspirations of ‘New India’s New Uttar Pradesh’. Designating Invest UP as the nodal agency for the ceremony, the CM said that private institutions, companies as well as government investment programs should be included in the ceremony. He also gave necessary instructions to make the ceremony grand.
More than 1500 projects will be started including data park, dairy, cement plant
1500 projects worth more than ₹70,000 crore are planned to be launched in this third ground breaking ceremony to be held on June 03. Major projects include the proposed Adani Group’s ₹4900 crore and Hiranandani Group’s two data centers in Noida with an investment of ₹9100 crore, Microsoft’s ₹2100 crore software development center, Dalmia Group’s ₹600 crore cement manufacturing plant in Mirzapur, Hamirpur. This includes the detergent manufacturing plant of Hindustan Unilever Limited. As of now, projects worth about ₹ 21,000 crore investment are only in the IT and electronics sector, while many projects related to MSME, textile, tourism, energy, food processing, food security and pharmaceutical sectors are also ready to be started.