The Delhi Roadshow, conducted on Friday in preparations for the UP Global Investors Summit, brought investment proposals worth more than 2.75 lakh crore to the attention of the Uttar Pradesh government.
According to a formal release, the UK-based Causis Group made the greatest investment when it signed an MoU to invest 1.25 lakh crore in the electric car industry. The company plans to construct an electric vehicle innovation park and manufacture electric vehicles in Uttar Pradesh. It stated that this project is expected to directly employ close to 30,000 people.
Similarly to this, REC Limited has proposed investing 65,350 crores to build a renewable energy facility. At the same time, Yashoda Medicity will invest $800 million to build a new high-tech hospital with 1200 beds in Ghaziabad, while Yashoda Super Specialty Hospital would invest roughly $500 million to build a Biotech Park and 300-bed hospital in Greater Noida. The announcement claimed that a formal agreement had been reached.
Significant investment deals with NTPC Limited, Ananda Dairy, and JBM Group, among others, were also made possible. In Delhi, these investment agreements will result in the creation of nearly one lakh additional direct employment opportunities.
UP is writing a brand-new chapter in the history of economic growth
Under the leadership of Chief Minister Yogi Adityanath, Uttar Pradesh is writing a brand-new chapter in the history of economic growth. The UP government held a roadshow in Delhi on Friday after holding roadshows abroad as part of its ambition to grow the state’s GDP to $1 trillion through the Global Investors Summit, which will be held in Lucknow from February 10 to 12.
Leading industrialists from both India and overseas took part in the program held at Delhi’s Oberoi Hotel. Industrialists signed a Memorandum of Understanding (MoU) for an investment of over 1.25 trillion.
Yogi Adityanath, the chief minister of Uttar Pradesh, spoke virtually to investors and discussed the different opportunities the state will offer in the coming years.
Amitabh Kant, India’s G-20 Sherpa, Chief Secretary of Uttar Pradesh Durga Shankar Mishra, Minister of Industrial Development Nand Gopal Gupta Nandi, Minister of Urban Development and Energy AK Sharma, Director General of the Confederation of Indian Industry Chandrajit Banerjee, and others also spoke at the roadshow.
Chief Minister Yogi Adityanath has transformed the state of Uttar Pradesh during the past six years, according to UP Chief Secretary Durgashankar Mishra. In UP, development is occurring on all fronts.
Nand Gopal Gupta, minister of industrial development While describing the Yogi government’s measures favoring investment, Nandi also extended an invitation to businessmen to invest in the state.
Amitabh Kant, the G-20 Sherpa for India, said that in the last eight years, most reforms have been made in UP in a variety of fields.
Working with the UP government, according to Mapei CEO Sanjay Bhalla, has been a wonderful experience. “Any sector problem is quickly fixed. The government is always prepared to assist industrialists, he was cited as adding in the statement.
Also Read: Armed struggle against British not given due credit: Amit Shah
Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK, INSTAGRAM, and TWITTER.
