Stamp on investment of over Rs 76k cr during grand road show in Lucknow

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Lucknow, 11 Jan: A grand road show was organised in Lucknow on Wednesday to bring investment under the UP Global Investors Summit. Investors from various states participated in this and proposed an investment of Rs 76,867 crores in Uttar Pradesh. During this, 79 MoUs were signed.

Industrial Development Minister Nand Gopal said that the investment of entrepreneurs in UP will be completely safe. Make in UP brand will dominate the whole world. Industrial Development Minister Nand Gopal Gupta Nandi said in the road show that if investors take a step forward to invest in Uttar Pradesh, we will welcome them by taking steps forward.

“After 2017, an incentive of Rs 1,800 crore has been given to entrepreneurs in UP. Today Uttar Pradesh, which has become a wonderful place for investment, is being discussed not only in India but also in different countries of the world. Before the year 2017, where only two airports were operational in Uttar Pradesh and only 24 flights were available. At the same time, today the number of airports has reached 7 and 90 flights are taking place per day. Many airports are under construction. It has become the state with maximum number of expressways in the country. All this was possible due to the efforts of Chief Minister Yogi Adityanath.?

Canada’s Minister of Mental Health and Addiction Michel Tibolo said that UP is moving towards economic progress at a rapid pace. The law and order here is also praiseworthy. In the roadshow, investors from Delhi, Bengaluru, Noida, Meerut, Ghaziabad, Odisha, Kanpur, Shamli, Lucknow, Chhatarpur and Mumbai signed MoUs online and offline.

City Gold Corporation signed MoUs worth ?26,000 crore to set up cement and ethanol projects in Uttar Pradesh. Nexgen Energia signed MoU worth ?15,000 crore to set up green energy units. Sanjay Singhania of Haldiram Group signed MoUs worth ?1,300 crore, Kamlesh Jain of Varun Beverages ?3,400 crore, MD ML Jaiswal of DS Group ?3,000 crore and Nidan Diagnostic Center signed MoUs worth ?750 crore.

Apart from this, four dozen MoUs of ?50 to 500 crore were signed. More MoUs were signed online and offline. The entrepreneurs appreciated the industry policy of the Uttar Pradesh government. Entrepreneurs said that today UP has become the top priority state in terms of investment, whereas this was not the case before the year 2017. Through these MoUs, industries will be established in various sectors like infrastructure, electronics, metal industries, food and beverages, paper, green energy and steel etc.

Thousands of people will get direct and indirect employment through this. Entrepreneur Sarvesh Goyal, Additional Chief Secretary Industrial Development Arvind Kumar, Secretary Industrial Development Abhishek Prakash, Chairman Kent RO Mahesh Gupta, Chairman Crystal Group Nand Kishore Agarwal, Haldiram K Sanjay Singhania and Varun Beverages Chairman Kamlesh Kumar Jain addressed the keynote address.

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