Yogi's 3rd ground breaking ceremony to attract investments worth Rs.70 thousand crores in UP

Ground Breaking Ceremony: The third 'investor meet' of the Yogi government is to be held on June 3 and it will include proposals to invest more than 70 thousand crores.

UP investor meet

Lucknow. The preparations for the third 'Ground Breaking Ceremony' of the Yogi government have intensified. This will happen on June 3 and it will include proposals to invest more than 70 thousand crores. There is also a possibility of Prime Minister Narendra Modi coming to this investor meeting. There will also be a participation of top industrialists of the country in this ceremony.

CM Yogi has reviewed the preparations for the third 'Ground Breaking Ceremony' to give impetus to the development of UP. In this regard, he has issued guidelines to the officials. In this, there is a plan to take the investment proposals of more than 70 thousand crores on the ground. The 'Ground Breaking Ceremony' is proposed at Indira Gandhi Pratishthan, Lucknow.

Read more: Industries to come along the Expressways in UP to provide jobs: Yogi Adityanath

Top industrialists will participate

Big personalities of the industry will attend the third ground breaking ceremony. It will include the Chairman, CEO, Director of many international companies including Adani Group, Microsoft India, Reliance Industries, Hiranandani Group, Birla Group, and ITC Group. Through this, there is a plan to start 1500 projects worth more than 70,000 crores in UP.

Two data centers of proposed Adani Group in Noida with an investment of 4900 crores and Hiranandani Group's 9100 crores.

Microsoft's 2100 crore software development center.

Dalmia Group's 600 crore cement manufacturing plant in Mirzapur.

Detergent Manufacturing Plant of Hindustan Unilever Limited at Hamirpur.

21 thousand crore investment projects only in IT and electronics sector

As of now, projects worth about Rs 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 preparing to start.

UP has gained immensely in the ease of doing business ranking across India. While UP has also become the top second economy of India. 

Read more; UP is ahead of Delhi, Punjab and Rajasthan in providing jobs: CMIE Report