Ground Breaking Ceremony: 80 Thousand Crore gift to UP

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Ground Breaking Ceremony: 80 Thousand Crore gift to UP
03 Jun 2022
7 min read

News Synopsis

In Lucknow, the capital of UP, Prime Minister Narendra Modi laid the foundation stone of 1406 industrial projects worth 80 thousand 224 crores in the Ground Breaking Ceremony of industrial projects. Five lakh new employment opportunities have been claimed to be created in the state on the completion of these projects. During this, while addressing the investors, PM Modi said that Uttar Pradesh is changing. The investment being made here shows the youth power here. Before 2014, we used to have only 100 startups. But today the number of registered startups in the country is also reaching around 70 thousand. More recently, India has also made a record of 100 unicorns.

PM Modi further said that we are growing the fastest among the G20 economies. Today India is at number two in the Global Retail Index. India is the third-largest energy consumer country in the world. PM Modi said that agreements related to investment of more than 80 thousand crore rupees in UP have been signed here. This record investment will create thousands of new employment opportunities in UP. Addressing the program, Chief Minister Yogi Adityanath said that an environment of investment is being created in the state with the ground breaking ceremony. In the last five years, investment proposals worth Rs 65,000 crore have been put on the ground in the state. He told the investors that your investment in the state would be completely safe and the government would extend all possible help.

In this program, industrialist Hiranandani praised PM Modi and CM Yogi and said that the combination of both of you is like a double engine vehicle. In August of this year we are going to go live with the first data center park. We will invest in building one thousand crore data centers every year in UP for the next five years. At the same time, Birla Group President Kumar Mangalam Birla said in his address that we are investing 40 thousand crores in the state, in which about 35 thousand people will get direct and indirect employment.

In the program, big industrialist Gautam Adani praised the Yogi government and said that the administration and ability of the Yogi government to take quick decisions is astonishing. Due to which an environment of investment is being created in the state. I am proud that our Adani Group is cooperating in the development of UP. Prime Minister Narendra Modi reached Indira Gandhi Pratishthan. where he visited the exhibition. On this occasion, Defense Minister Rajnath Singh, Chief Minister Yogi Adityanath, Deputy Chief Minister Keshav Prasad Maurya and Brajesh Pathak  were present with him.

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