Mumbai: Yogi Adityanath led large-scale government bag investment proposal worth tens of millions
To promote the industrial landscape in Uttar Pradesh, the government led by Yogi Adhianath received substantial investment advice at a senior investor roundtable held at the Jio Jio World Conference Centre in Mumbai on Tuesday.
The conference, chaired by UP Chief Secretary Manoj Kumar Singh and chaired by Invest UP CEO Vijay Kiran Anand, attracted the participation of top Indian industrialists who praised the state’s transparent policy and investor-friendly environment. Several leading business groups have undertaken potential investments in thousands of millions, marking a new chapter in UP’s journey to become a major industrial hub.
‘Yogi government changed the game’
“The decisive leadership and clear vision of CM Yogis make Uttar Pradesh one of the most reliable and attractive destinations for Indian investment. We are committed to ensuring transparency, speed and full support to investors,” said Chief Secretary Singh of the party.
Who promised what? Here is a snapshot:
Dr Niranjan Hiranandani Group Chairman, Hiranandani Group, said Yotta Data Services has built a 30 MW data center in just 18 months and plans to double its capacity. He also announced a Rs 284,400 crore semiconductor chip project in Noida.
Sindoor Mittal, vice chairman of the Avaada Group, praised the UP government for its speed and coordination, allowing them to build a 1.5 GW solar module unit within four months. She announced an additional Rs 2 billion investment.
Ultratech Cement MD KC Jhanwar shared the expansion plan worth Rs 1,981 crore in Aligarh, Shahjahanpur and Tanda. He particularly thanked UP for its integrated approval system.
Sanjay Banga, CEO of Tata Power Renewable Energy, talks about their renewable energy project in Bundelkhand, and a major Rs 137 billion plan to build two 800 MW super crisis units.
Pramod Patwari, chief financial officer of Balrampur Chini Mills, said government support is crucial to the plan to expand to bioplastics.
Other key suggestions:
UPDF Chairman Pankaj Jaiswal proposed an investor summit in Lucknow and a roadshow in Dubai.
Kapil Tiwari of Krishnannad Group announced the Read-Mix gypsum plant in Lucknow and Noida and made an investment of Rs 25 crore.
Rajeev Ranjan Singh from En Communication proposed a museum with the theme of Mahabharat along Yamuna Expressway for Rs 15 billion.
Remens DSP’s Arnava Gupta announced a Rs 5 crore-based road patch plant in Lucknow.
Lords Group’s Sachidanand Upadhyay talked about the establishment of IVD/MEDTECH and rooftop solar units and proposed an investment of Rs 15 billion.
Sachin Singh of Diasys India shared plans to double the ability of its existing plant to invest at Rs 10 crore.
