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UP receives investment proposals worth Rs 9Kcrores in Chandigarh

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UP receives investment proposals worth Rs 9Kcrores in Chandigarh

Over 20K employment opportunities to be created

26 MoUs of different sectors signed in B2G meetings

Investors laud efforts of Yogi Govt; praise safe environment of UP

Chandigarh/Lucknow, Jan 27:

Maintaining the success streak in attracting investment to the state, Team Yogi in its eighth and last roadshow organized in Chandigarh on Friday attained investment proposals worth Rs 9,000 crores.

Team Yogi reached Chandigarh under the leadership of Industrial Development Minister Nand Gopal Gupta ‘Nandi’, Minister of State for Agriculture Baldev Singh Aulakh and Minister of State Independent Charge, Home Guard Dharamveer Prajapati. During their visit, Team Yogi held Business to Government (B2G) meetings at Hotel Taj, as a result of which investors made numerous investment proposals. About 26 MoUs in various sectors were signed in the roadshow. With this investment coming on the ground, more than 20,000 employment opportunities will be created in the state.

The ministers involved in the roadshow informed attendees about the vision of Chief Minister Yogi Adityanath regarding Uttar Pradesh. Industrial Development Minister Nand Gopal Gupta ‘Nandi’ said that Uttar Pradesh is the largest consumer state in India. There is availability of a large number of young and skilled labor force here. Under the leadership of Chief Minister Yogi Adityanath, the state has emerged as the ‘New Uttar Pradesh of New India’.

Talking about the improved connectivity in the state, Minister of State for Agriculture Baldev Singh Aulakh said that connectivity has improved due to the development of expressways and airports.

While talking about the strengthened law and order, Minister Dharamveer Prajapati said that today there is law and order in Uttar Pradesh. The development of infrastructure and availability of 24-hour power has created a good climate for investment.

Team Yogi held Business to Business to Government (B2G) meetings with the investors before and after the roadshow. During this, the team was divided into two groups. Both the groups held separate meetings with the investors. Investors were informed of the new industrial policy of Uttar Pradesh and the land bank present in Uttar Pradesh. Not only this, the investors were assured of full cooperation from the Uttar Pradesh government and that their investment would be safe and protected.

Entreprenurs share their experiences about Uttar Pradesh

After the addresses of ministers and officials in the roadshow, people representing the business world expressed their views. In this open session, on the one hand the people asked their questions and on the other shared their own experiences. Prakash Kaur Ahluwalia, the first woman manager of UCO Bank, said that she has an old connection with Uttar Pradesh. Not only this, she shared her experience regarding present Uttar Pradesh and the state that was 40 years back. She highlighted the many major changes that have taken place in Uttar Pradesh, stating that UP now has rule of law.

Top five investors

Company Investment Proposal (in crores)

Unique Energies Pvt. Ltd. – 1100
Spray Engineering Devices Pvt. Ltd. – 1000
Amartex Industries – 1000
Madhav KRG Pvt. Ltd. – 700