PM Narendra Modi to launch industrial projects worth Rs 75,000 cr in UP

PM Narendra Modi

Prime Minister Narendra Modi will lay the foundation of industrial projects in Uttar Pradesh totalling nearly Rs 75,000 crore later this month. These projects are part of the Rs 4.68 trillion worth of memoranda of understanding (MoUs) signed by the state government with public and private sector companies at the ‘UP Investors Summit’ here on February 21-22, 2018. Most of these projects are related to IT and electronics as per reports. The first ‘groundbreaking’ ceremony on July 29 last year was also attended by Modi, who not only laid the foundation of 80 projects worth Rs 60,000 crore but also exhorted UP and Maharashtra to compete for emerging as the country’s first trillion-dollar economy. Meanwhile, the Adityanath government is also pushing its other mega infrastructure projects, including the Bundelkhand Defence Corridor, Bundelkhand Expressway and Jewar International Airport. While, the defence corridor is expected to attract an investment of almost Rs 50,000 crore, the 289-km Bundelkhand Expressway is estimated to garner investments worth Rs 10,000 crore.

 

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