Prime Minister Narendra Modi 29 July 2018 launched 81 projects worth Rs 60,000 crores in Uttar Pradesh’s Lucknow. These projects were part of the 1,045 MoUs signed at the Uttar Pradesh Investors’ Summit organized earlier this year. The government has estimated to create about 2.1 lakh jobs in the states through these projects. The event was also attended by Home Minister Rajnath Singh, Uttar Pradesh chief minister Yogi Adityanath and business tycoons like Gautam Adani and Kumar Mangalam Birla.
The government of Uttar Pradesh, which had organized the UP Investors Summit in February 2018, has generated investment intent worth more than Rs 4.28 lakh crore across sectors like renewable energy, infrastructure, power, IT & electronic manufacturing and tourism etc. Within a few months, investment proposals for 81 projects amounting to an investment of about Rs 60,000 crore have now materialized.
The Reliance Jio Com would be investing Rs 10,000 crores and BSNL is investing Rs 5,000 crores for laying optical cable network in the state. Moreover, Infosys would be investing Rs 5,000 crores and Tata Consultancy Services (TCS) will be investing Rs 2,300 crores to establish IT/TES centers across the state.