UP: Groundbreaking ceremony to be held again with investment target of 10 lakh cr

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Lucknow, March 30: While setting the agenda for the development of Uttar Pradesh, Chief Minister Yogi Adityanath has once again started preparing to take a big leap to promote industrial investment.

Under this, a grand ground breaking ceremony will be organized in Lucknow in the next 100 days. The heads of all the major industrial houses of the industry will be present in this ground breaking ceremony. Through this event, an exercise will be started to bring industrial investment of Rs 10 lakh crore to the state.

Providing maximum employment opportunities through industrial investment in Uttar Pradesh has been the top priority of Chief Minister Adityanath.

When Adityanath’s government came in March 2017, the biggest challenge before the government was to provide employment to the youth.

Taking cognizance of this, three days after taking oath, Chief Minister Adityanath held a meeting with all the principal secretaries and other officers of the government and discussed the promotion of industrial investment in the state.

In this meeting, the Chief Minister decided to organize Investors’ Summit in Lucknow on February 21 and 22, 2018 along with giving instructions to formulate a new industrial policy. Through this Investors Summit, the Chief Minister tried to change the picture of Lucknow as well as Uttar Pradesh in the country, in which the government was successful to a large extent. Now again on the same lines, preparations are being made to organize a grand ground ceremony in the state.

This was the first time in the first term of the Yogi government when the country’s eminent industrialists participated in the summit on such a large scale. The Yogi government was attended by the eminent industrialists of the country in this event and 1065 MoUs worth Rs 4.65 lakh crore were signed during the summit.

In this event held in the presence of Prime Minister Narendra Modi, for the first time, MoU was signed in this summit in the field of infrastructure on a large scale in the state. During this summit, the government had prepared a complete roadmap through the policy to promote industrial investment in the state.

Then the Yogi government had also promoted the One District One Product (ODOP) scheme to promote the traditional industries of every district. After this investors’ summit, the government organized a ground breaking ceremony on July 28 to promote industrial investment in the state. Big industrialists like Mukesh Ambani, Gautam Adani, Kumar Mangalam Birla participated in it.

The picture of industrial investment has changed in the last five years with the investors’ summit and ground breaking ceremony held on the initiative of Adityanath.

Both these events proved to be expressways to bring industrial investment in the state.

According to the officials of the Industrial Development Department, 1045 investment proposals worth 4.65 lakh crore were submitted to the government by big investors from abroad in the Investor Summit. Out of this, 215 investors have established their enterprises by investing Rs 51 thousand 240.25 crore while 130 investors are setting up their enterprise by investing Rs 37,478.63 crore and 449 investors are taking action to establish their enterprise by investing 86 thousand 842.89. Such industrial investment was necessary to increase the state’s GDP and employment opportunities.

Even during the Corona crisis, 96 investors in the state took the initiative to invest Rs 66 thousand crore in the state. Not only this, due to the investment of 50 thousand crore rupees in the Defense Corridor of the state, opportunities for getting employment for five lakh people were created.

Now due to the Defense Corridor, BrahMos missile will be made in Lucknow and more than Rs 1245 crore is being invested in Aligarh node. The ground breaking ceremony to be held in 100 days will play an important role in increasing this chain of industrial investment in the state. Through this, investment of about 10 lakh crore will be started in the state.

A government spokesperson said that this goal has been kept in the resolution letter. Therefore, preparations have started to organize the ground breaking ceremony in a grand manner. The industrial investment environment created in the state will be further improved by inviting eminent people of the industry to this event.