Hindustan Times (Lucknow)

Yogi govt changed perception about UP, big investment­s pouring in: Mahana

- HT Correspond­ent letters@hindustant­imes.com

LUCKNOW: : Uttar Pradesh (UP) minister for industrial developmen­t Satish Mahana on Wednesday said Yogi Adityanath’s government had changed the perception about the state and cited it as a major achievemen­t of the BJP government.

He said the state has been attracting investment­s ever since BJP came to power and added that UP continued to be looked at as a major investment destinatio­n even during the Covid-19 period.

Speaking to media persons, Mahana listed achievemen­ts and the investment­s that the state had attracted in various sectors in the past four and a half years.

Referring to UP Investors Summit that led to generation of investment intents worth more than Rs 4.28 lakh crore, Mahana said investment of nearly Rs 1.84 lakh crore was under active stages of implementa­tion.

“218 projects worth Rs 51,923 crore are under commercial production, 130 projects worth Rs 37,376 crore are under implementa­tion while 449 projects involving an investment of Rs 81,334 crore have been facilitate­d. These include 34 projects worth Rs 15,893 crore beginning with commercial production and 23 projects worth Rs 6935 crore

entering under active implementa­tion stage in post-Covid 19 period,” he said. About the defence corridor project that has attracted investment of Rs 50,000 crore is expected to create 2.5 lakh jobs. “IIT Kanpur has been selected as technology partner for shaping up the defence corridor project,” he said. Mahana said Aligarh node inaugurate­d by Prime Minister

Narendra Modi recently immediatel­y found ready takers with land allotted to 19 companies who are likely to invest a sum of about Rs 1245 crore. “Allotments have been made to three more companies in Kanpur and Jhansi. Next generation (Brahmos-NG) missile project involving investment of Rs 300 crore has been proposed to be set up in Lucknow. Another MoU has been signed with Bharat Dynamics Ltd. (BDL) for investing Rs 400 crore to set up missile propulsion system factory at Jhansi,” he said.

Mahana said the state government’s helpdesk has attracted more than 96 investment intents worth Rs 66,000 crore. He said these include the intents from 10 countries including Japan, US, UK, Canada, Germany, South Korea and Singapore etc.

“Samsung India has relocated its display unit involving an investment of Rs 5000 crore to NOIDA making India the third display manufactur­er in the world,” he added.

 ?? HT PHOTO ?? Uttar Pradesh (UP) minister for industrial developmen­t Satish Mahana addressing a press conference in Lucknow .
HT PHOTO Uttar Pradesh (UP) minister for industrial developmen­t Satish Mahana addressing a press conference in Lucknow .

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