Noida Gets Investment Proposals Worth Rs 5.86 Lakh Cr Ahead Of Global Investors Summit

(MENAFN- KNN India) Noida gets investment proposals worth Rs 5.86 lakh cr ahead of Global Investors Summit

Noida, Jan 23 (KNN)
Ahead of the UP Global Investors Summit, the industrial cities of Noida and Greater Noida have received investment proposals worth Rs 5.86 lakh crore, according to district officials.

In the run-up to the Global Investors Summit, which is scheduled from February 10 in Lucknow, the state government has been conducting roadshows in various cities to attract investment.

As per reports, Chief Minister Yogi Adityanath has instructed state officials to hold investment summits at district-level in each of the 75 districts of the state.

'The district-level investor summit in Gautam Buddh Nagar was held on January 20 during which investment proposals worth Rs 11,502 crore from around 250 investors were received,' Deputy Commissioner (Industries) Gautam Buddh Nagar Anil Kumar said.

'So far in Gautam Buddh Nagar, investment intents worth Rs 5.86 lakh crore have been received from 871 investors. These investments will create 18.46 lakh jobs. Of these 871 investors, 792 investors have signed MoUs (memorandum of understanding) worth Rs 3.78 lakh crore. These investment intents have come since November 21, 2022, Kumar told PTI.

The deputy commissioner said the investment proposals have been received in various fields such as agriculture, cooperative, dairy development, civil aviation, information, renewable energy, medical education, MSME, export promotion, food and civil supplies, handloom, textile, IT and electronics, housing, infrastructure, and tourism.

The Uttar Pradesh government has set a target of Rs 17 lakh crore investments from the GIS.
(KNN Bureau)


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