UP plans groundbreaking ceremony in July for projects worth Rs 70,000 cr

PM Modi or Amit Shah will be the chief guest at the event

The Uttar Pradesh government plans to launch industrial and infrastructure projects worth almost Rs 70,000 crore next month, said a minister.

The projects come from the 1,047 memorandums of understanding (MoU) the state government and companies signed during the ‘UP Investors Summit’ in Lucknow in February. The MoUs committed investments worth Rs 4.68 trillion in the state. 

“We are planning to organise second ground breaking ceremony next month for projects worth Rs 60,000-70,000 crore after Parliament session gets over,” UP industrial development and MSME minister Satish Mahana told Business Standard.

The event is likely to be held in the last