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Domestic Roadshows Gets Intent of RS.9L Crore

Published: February 9, 2023

The domestic investment is like a stepping stone for the UP government to surpass its original target which was set at Rs.10 lakh crore. This will set and touch Rs.27 lakh crore before the Global Investors Summit-2023.

There are a total of 8 domestic roadshows across prominent cities of the country. It has also collected an investment of Rs.9 lakh crore. There are hopes to get more investment in a 3-day event in Lucknow. The event will conclude on February 12th.  Till now, Mumbai has collected the highest value of Rs.5 lakh crore. This is followed by Delhi which has collected Rs.2.75 lakh crore till now. In Delhi, the highest MoU collected so far is Rs.1.25 lah crore which was signed with UK-based Causis Group in the electric vehicle sector.

This project will be giving employment to 30,000 people. The first roadshow was completed by Chief Minister Yogi Adityanath in Mumbai in January. In this roadshow, he met business tycoons such as Mukesh Ambani (Reliance Industries), Kumarmangalam Birla (Aditya Birla Group). For the same, Ambani has proposed an investment in electronics manufacturing and green energy sectors and also provided 5G internet connectivity in UP besides providing healthcare in small villages.

The Adani group, led  by Karan Adani has proposed to set up medical colleges in Ballia and Shravasti in PPP mode. A skill development centre will be set up as well. Another business tycoon, Birla has proposed to set up convention centre in Noida. Apart from this, a proposal of RS.500 crore investment will be made by Aprle-Agro in the dairy sector and a factory will be set by Barbanki.

The group will be investing Rs.20000 crore for the next 5 years in the new city. A investment of RS.3000 crore will be done by Lodha group. This money will be used for housing projects in Ayodhya, Varanasi and Gorakhpur. The Ramkhy group will be investing money in the private Pharma Park. In Ahemdabad, Torrent Pharma will be signing the biggest MoU for Rs.25000 crore. Anul India and has also signed an MoU of Rs.900 crore for a milk plant in Baghpat. In all, 9 MoUs are signed worth Rs.1000 crore


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