You are here: Home » Current Affairs » News » National
TMS Ep168: Axis Mutual Fund, exports growth, Power stocks, e-passport
Arctic temp anomaly to be over three times as large as global mean anomaly
Business Standard

UP govt likely to launch projects worth Rs 70,000 cr in June; PM may attend

Many corporate honchos, including those of Adani Group, Microsoft India, Reliance Industries, Hiranandani Group, Birla Group and ITC, are also likely to attend the event, the spokesman said

Topics
Lucknow | Narendra Modi | Yogi Adityanath

Press Trust of India  |  Lucknow 



UP CM Yogi Adityanath
UP CM Yogi Adityanath

As many as 1,500 projects worth more than Rs 70,000 crore are likely to be launched at an event in on June 3, an official spokesman said on Monday.

Prime Minister is expected to attend the ground-breaking ceremony.

Many honchos, including those of Adani Group, Microsoft India, Reliance Industries, Hiranandani Group, Birla Group and ITC, are also likely to attend the event, the spokesman said.

Chief Minister held a meeting with top officials on Monday to take stock of the preparations for the event.

The chief minister said Uttar Pradesh has emerged as the best destination for industrial investment in the country in the last five years under the guidance of Prime Minister Modi.

"Uttar Pradesh, which was ranked 14th till 2017 in the ranking of 'Ease of Doing Business', is at the second position today. Now 'Team UP' is working assiduously to achieve the top ranking," Adityanath said.

In the last UP Investor Summit, the state had received investment proposals worth more than Rs 4.68 lakh crore.

Two such ground-breaking ceremonies had taken place in the first stint of Adityanath as chief minister, the spokesman said.

"Now this third ground-breaking ceremony will give flight to the aspirations of 'New India's New Uttar Pradesh'," the spokesperson said.

Major projects that will be launched in the third ground-breaking ceremony include Adani Group's projects worth Rs 4,900 crore and Hiranandani Group's two data centres in Noida with an investment of Rs 9,100 crore, Microsoft's Rs 2,100-crore software development centre, and Dalmia Group's Rs 600-crore cement manufacturing plant in Mirzapur, Hamirpur, the spokesperson said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Tue, May 10 2022. 08:57 IST

RECOMMENDED FOR YOU

.