Prime Minister Narendra Modi He will attend the foundation stone-laying ceremony of the 3rd Uttar Pradesh Investors Summit here on Friday and lay foundation stones for 1,406 projects worth over Rs 80,000 crore in the state. UP government officials said prominent industrialists including Gautam Adani, Kumar Mangalam Birla, Sajjan Jindal and Mukesh Ambani’s son Anant Ambani are likely to attend the event.
The Prime Minister’s Office (PMO) said the projects include sectors as diverse as agriculture and allied industries, IT and electronics, MSMEs, manufacturing, renewable energy, pharma, tourism, defense and aerospace, and handloom and textiles. Modi is also scheduled to visit Paraunkh, the native village of President Ram Nath Kovind in Kanpur. He will accompany Kovind to Pathri Mata Mandir and later he will visit Dr BR Ambedkar Bhawan.
They will also visit the President’s ancestral home, Milan Kendra, which was donated for public use and converted into a community centre. The PMO mentioned that the first UP Investor Summit was held in 2018 and the second in 2019. During the first summit, 81 projects worth over Rs 61,500 crore were taken up, while during the second summit 290 projects with an investment of over Rs 67,000 crore were taken up. An official statement from the UP government said the investments in Friday’s ceremony will fund at least 805 projects in the micro, small and medium enterprise (MSME) sector, 275 in agriculture and allied industries and 65 in pharmaceuticals and medical supplies. .
Among other projects, there will be six projects related to education sector worth Rs 1,183 crore, seven related to dairy worth Rs 489 crore and six animal husbandry projects worth Rs 224 crore, the release said. There are 90 lakh MSMEs in the state – the highest – which is 14.2 per cent of all such projects in the country. In the groundbreaking ceremony 3.0, a total investment of Rs 4,459 crore will be made in the new MSMEs being set up in the state.
Out of these, two units will be started in Agra, three in Aligarh, two in Amethi, one in Ayodhya, seven in Barabanki, two in Bareilly, one in Chandauli, one in Etawah, two in Fatehpur, one in Firozabad and 40 in Gautam. Other places in the state include Budh Nagar and Ghaziabad. The cash flow will be for seven data centers worth Rs 19,928 crore and 13 infrastructure projects worth Rs 6,632 crore, the statement said. Projects in agriculture and allied industries will get Rs 11,297 crore, IT and electronics Rs 7,876 crore and manufacturing Rs 6,227 crore.
Street light pillars and dividers have been painted on all roads leading to Indira Gandhi Pratishthan in Gomti Nagar. Special lighting arrangements have also been made to create a festival-like atmosphere. Extensive security is being ensured at the venue with heavy deployment of police personnel.
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