UP Global Investors Summit: Uttar Pradesh Receives ₹32.92 Lakh Crore Investment Proposals

CM Yogi Adityanath says UP Global Investors Summit was Mahakumbh of investment as 18,645 MoUs signed

Uttar Pradesh Chief Minister Yogi Adityanath said the state had attracted investment proposals worth ₹32.92 lakh crore through the U.P. Global Investors Summit-2023 roadshows in India and abroad and will play the role of the growth engine of the country imbibing Prime Minister’s vision of “reform, perform, transform”.

He also said the investments, which will take place through 18,645 memorandums of understanding (MoUs) signed between the government and the companies in diverse sectors will create 92.50 lakh job opportunities in the state. These sectors include renewable energy, real estate, education, tourism, electronic vehicle manufacturing, housing and food processing.

Inviting investors to take part in the development of Uttar Pradesh, the chief minister said the state government had made the state’s environment conducive to industrial development by ensuring better law and order and bringing 25 sectoral policies providing ease of business.

Yogi Adityanath further said Nivesh Sarathi portal, the online system for signing MoUs and monitoring their implementation, as well as Nivesh Mitra, the online incentive and customer relationship management portal are proving useful.

Sumit Mukhija, CEO, STT GDC India, “We are extremely proud and happy that the Company has entered into this MoU with UP government. STT GDC India has signed MoUs with the Government of UP for its investment outlook comprising 2 data centre parks in Noida/Gr Noida including our ongoing project in sector 143, Noida. Further, an additional regional data centre unit in Lucknow will aid the growth of digital infrastructure to support economic growth in other parts of the state. We applaud the recent amendments to UP’s Datacenter policy, a highly encouraging and optimistic indicator about the sector’s potential. Under the leadership of our Hon’ble Chief Minister , a number of proactive efforts to strengthen this industry through an enabling policy framework and other proactive measures have been undertaken. STT GDC India is honored to participate in the ongoing #UPGlobal Investors Summit 2023 in Lucknow. We look forward to continually strengthening our strategic partnership with the state.

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