Garment | Import/Export | In-Depth Analysis | Textile Articles | Traditional Textiles

Rs.21 Trillion Investment For Kitty

Published: February 7, 2023
Author: DIGITAL MEDIA EXECUTIVE

The Uttar Pradesh has received an investment of Rs.21 trillion in the UP Global Investors Summit (GIS) which took place in this week. Previously,The Government had revised the statement to Rs.17 trillion. Till date, the job proposals are standing at 13000 (which goes up to 18 million).

The shares of the manufacturing goes up to Rs.12 trillion which is 55% of the total shares together. The sources added by saying, “Agriculture and allied sectors have logged investment proposals of 15% followed by textile 7%, tourism 5%, etc. There will be a 3-day event which will be taking place. The same will be inaugurated by the Prime Minister Narendra Modi. The event will be taking place in Lucknow on 10th February. The investors include both from domestic and international. The trade and the investment is spread across 16 countries which included major states and cities of India,

The Indian Industry Captains and the UP Chief minister Yogi Adityanath had an interaction on January 5th. The investment was a game changer for the investors as a collection was Rs.5 trillion. A briefing by Aravind Kumar, the industrial development expert from the Uttar Pradesh government. A road map is planned for the summit. Sectors such a manufacturing, education, tourism, textile, health, renewable energy, IT, electronics, housing, logistics, medical, are set to undergo the investment bracket.

Rs.3000 crore has been received from the state. There are 120 investments which sums up to Rs.14 trillion and an employment of approximately 1.1 million. The upcoming GIS will  be a great initiative for the UP government’s trillion dollar economy goal by hard selling economy as an investment to the infinite potentials to come. Companies/ corporate giants such as Tata sons, Reliance Industries, Vedanta, Parle, Piramal, Lodha, Hinduja, Adani, Godrej, etc. said a senior government official.

Related Posts

BALESTRA TO REVEAL THE FIRST READY TO WEAR COLLECTION AT MILAN FASHION WEEK