The Uttar Pradesh government received what it said was an overwhelming response from business heads on the opening day of its ‘Investors Summit’, with 1,045 proposals worth Rs 4.28 trillion.
The biggest announcement came from Adani Group chairman Gautam Adani, who promised aggregate investment of Rs 350 billion over the next five years. Reliance Industries chairman Mukesh Ambani promised extension of his Reliance Jio telecom venture, with fresh investment worth Rs 100 billion.
Kumar Mangalam Birla, chairman of the Aditya Birla Group, committed Rs 250 bn for the state in the next five years. Anand Mahindra, chairman of Mahindra Group, said his

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