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Uttar Pradesh Investors' Summit: Defence industrial corridor in UP to generate 2.5 lakh jobs, says PM Modi

The Summit Is Aimed At Lure Business And Corporate Houses With Lucrative Investment Opportunities And Potential Across Various Sectors In Uttar Pradesh.

News Nation Bureau | Edited By : Gautam Lalotra | Updated on: 21 Feb 2018, 03:20:19 PM

New Delhi:

Prime Minister Narendra Modi inaugurated the two-day 'UP Investors Summit', the first initiative of its kind by the Yogi Adityanath government. President Ram Nath Kovind will attend the valedictory function on the second day.

The summit is aimed at lure business and corporate houses with lucrative investment opportunities and potential across various sectors in Uttar Pradesh.

The mega event is being organised to bring together heads of states and governments, ministers, leaders from the corporate world, senior policy makers, heads of international institutions and academicians from around the world to further the cause of economic development in the state and promote cooperation to pave way for better investments, according to an official statement.

More than 5,000 delegates are scheduled to attend the two-day summit and over 100 speakers will be addressing gatherings. The goal is to create 10 lakh jobs in next five years and to develop under-developed regions. Mauritius, Japan, Netherlands, Finland, Czech Republic, Slovakia, and Thailand are partner countries. 

Here are the Highlights: 

PM Modi at UP Investors Summit

# PM Narendra Modi speaks about the new health care policy of the Central government. "No previous governments made this possible."

#Airports will also be initiated in multiple parts of the state. "Hawai chappal pehne wala bhi, hawa mein udna chahiye, " PM Modi said.

#Despite limited airports in the state, the amount of passengers flocking the state is huge. New airports will give it an additional boost. The state is also home to the largest rail network: PM Modi

# Defence industrial corridor to generate 2.5 lakh jobs, says PM Modi

12.12pm: PM Modi says, “There is no dearth of resources and opportunities in UP where you find ‘lakhnavi chikankari’, ‘Banarsi zardosi’ and brassware of Moradabad and glassware industries of Firozabad.

“We have signed MoUs worth Rs 4.28 lakh crore, which equals our budgetary projections,” the CM said.

11.59am: “We have proposed Bundelkhand and Purvanchal Expressway to give a fillip to the dedicated industrial corridor and facilitate transport,” chief minister Yogi Adityanath.

11.54am: “Our target is to create 40 lakh new job opportunities in UP in the next three years,” says Yogi Adityanath.

11.48am: Mauritius willing to become a partner in UP in promotion of religious tourism and strengthening agriculture, manufacturing and infrastructure sectors: Anerood Jugnauth, former PM of Mauritius.

N Chandrasekharan from TATA group is addressing the crowd

#It is a great privilege to be here. The growth of UP will ensure that India reaches its ambition set by PM Modi.

#TATA has a holistic presence in the state. TATA motors, TCS are present in the state. Want to participate in the growth of the state in multiple sectors including real estate, infrastructure and digital. 

Anand Mahindra at UP Investors Summit

# Anand Mahindra also announces to invest Rs 200 cr in Varanasi in infrastructure projects 

# Anand Mahindra announces to set up electric vehicle plant in Uttar Pradesh 

# Anand Mahindra says UP should be compared to other countries. UP's targets should not be compared to the targets of other states, instead to other countries 

Kumarmangalam Birla talks about his company's investment plans

#11:12 am We are the largest private investor in UP. So far we have invested 25 thousand crores. 

#11:10 am We will be investing on growth of our business in UP. Also, we will continue to be the largest private investor.

Gautam Adani speaks about Adani Group's investment plans

#11:04 am We will build 6 lakh tons of storage capacity 

#11:02 am We will invest in multi model- logistics parks

#11:00 am 1000 MW of solar project. Solar park of 5000 mw capacity

#10:55 am World class multi disciplinary University

#10:55 am 35 thousand crores of investment by Adani group in next 5 years



# 10:50 am Reliance Jio will invest Rs 10000 crore in UP, says Mukesh Ambani

#10:45 am Mukesh Ambani addressing the Investors Summit

#10:26 am PM Modi inaugurates Uttar Pradesh Investors' Summit in Lucknow

#10:00 am Prime Minister Narendra Modi arrives in Lucknow, to attend UP Investors' Summit.

#9:20 am Cabinet Minister Satish Mahana welcomes PM Modi’s decision to inaugurate the UP Investors Summit in Lucknow.

# 9.15 am: UP Chief Minister Yogi Adityanath took to Twitter and wrote: I extend warm greetings and congratulations to the 22 million people of the state. I have full faith that you will be moving forward on the path of Uttar Pradesh development with the cooperation, faith, and blessings of everyone.

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First Published : 21 Feb 2018, 08:48:18 AM