Leading business houses promise investment worth Rs. 4.28 lakh crores during first Investors Summit under Yogi

The Uttar Pradesh Investors Summit 2018 which is to be held on the 21st and 22nd of February has commenced in Lucknow today. The summit was inaugurated by the Prime Minister where he complimented Yogi Adityanath on his efforts towards ensuring the development of the state. Narendra Modi also announced the construction of two defence corridors in Uttar Pradesh and highlighted the good work done by the Chief Minister towards generating an environment conducive to investment.

Earlier, the Saffron clad Mahant of Gorakhnath Muth had stated that his government has already signed 1045 MoUs worth Rs. 4.28 lakh crores which is roughly equivalent to the state budget for the current year. Yogi Adityanath reiterated his focus on jobs during his address to the investors. “Our target is to create 40 lakh new job opportunities in UP in the next three years,” he said.

Businessmen also promised huge investments during their address at the summit. Kumar Mangalam, chairman of the Birla group, congratulated Yogi Adityanath on making Uttar Pradesh the 7th most favourable investment state in the country. He assured that Uttar Pradesh will become Aditya Birla’s highest investment state as he announced his plan to invest Rs. 25,000 crores during the course of the next few years.

- Advertisement - - Article resumes -

Mukesh Ambani admitted that he had never seen a state capital so beautifully decorated for an investors summit and emphasized that Uttar Pradesh is not merely rising but racing ahead. He expressed his desire to participate in the Namami Ganga project and assured of providing the state with 2 crores new Jio phones in the next few months on a priority basis. Taking forward his investment of 23,000 crores in the state, he announced that he plans to invest 10,000 crore more in the next 3 years.

Gautam Adani who also addressed the crowd reflected on the Prime Minister’s efforts which he said were changing the global image of India. He announced an investment to the tune of Rs. 35,000 crores in the next five years in metro rail projects, food processing units and power.

The Zee group will invest Rs. 18,750 crores in the state said, Subhash Chandra. Anand Mahindra announced his decision to create a Rs. 200 crore Club Mahindra facility in Varanasi. Chandrasekharan, chairman of Tata Sons, announced that the company will provide employment to 30,000 employees in a new campus to be set up by TCS in Lucknow. Packaging solutions firm Uflex plans to invest another Rs. 1,700 crore in the state to boost its manufacturing capacity.

Yogi Adityanath has been striving hard to generate employment in the state. His hard stance in law and order is driven towards creating a business-friendly environment in Uttar Pradesh. In the first investors summit in the state, Yogi Adityanath has succeeded in attracting investments which is expected to propel the most populous state in the country tto a new era of prosperity. His primary focus now would be to follow through with the MoUs that have been signed by his government.


Share This Post and Support:
We need your support to survive in the media industry. Please consider paying us for the content we produce:

To know more about these payments, please click here.


Most read articles recently

Pakistan funded Islamic terrorist blows up 300 kgs of IED, actor brings ‘Hindu right wing’ argument to shield Pakistan

Jaaved Jaaferi refuses to hold Pakistan accountable for the attack, instead equates Hindus with Jaish Terrorists.

Dear Gujarat Samachar editor, how do you live with yourself?

Gujarati daily's insensitive headline over Pulwama attack has got readers upset

Delhi’s education minister deletes tweet after being educated about electricity supply to Pakistan by Adani

Sisodia, without apologising or issuing a clarification, chose to quietly delete the tweet after being called out

NDTV suspends Deputy News Editor for celebrating Pulwama terror attack, may take further action

NDTV Deputy News Editor Nidhi Sethi suspended by the channel for her Facebook comment celebrating the Pulwama attack
Days after Pulwama attack, Kamal Haasan toes the Pakistan line

Kamal Haasan demands ‘referendum’ in Kashmir, terms Pakistan Occupied Kashmir as ‘Azad Kashmir’

Days after Pakistan sponsored Pulwama attack, Kamal Haasan has echoed the sentiments of terrorist state Pakistan when he sought a 'referendum' in Jammu and Kashmir

JNU ‘student’ who was accused of stealing funds in Kathua case found spreading rumours about Kashmiri girls trapped in Uttarakhand

CRPF also issued a notice that certain 'miscreants' on social media are spreading rumours and hate on social media
Congress mouthpiece National Herald whitewashes Pulwama terrorist Adil Ahmed Dar

More stories about terrorist and his family than martyrs – what does it tell about the media?

The English language Indian media has focused more on ‘human stories’ about the terrorist than about the Pulwama martyrs.

Pulwama attack: Justice doesn’t give a tiny rat’s furry posterior about the sensibility of elites who go where the money takes them

Pulwama attack victims' mortal remains weren't even cold yet. The candles lit by the nation has not even been blown out by a sorrowful sigh of the nation, that the vultures started circling the remains

Pulwama attack: Foreseeing strong and fast reaction from India, Pakistan relocates its terrorists nearer to Pak army camps

As per the report, Pakistan has not even vacated the winter posts along the LoC which it usually does.

Man whose number was made public by Barkha Dutt for stalking, claims he is getting threatening calls, says didn’t abuse Barkha

In her tweet, Barkha demanded the Home Minister of the country, Rajnath Singh, himself intervene in the matter which is routinely dealt with by local Police.

Latest articles

Connect with us

137,223FansLike
110,030FollowersFollow
23,029SubscribersSubscribe

Don't miss these