Prime Minister Narendra Modi is set to launch 14,000 projects worth over ₹10 lakh crore in Uttar Pradesh as part of the state’s preparations for the upcoming Lok Sabha elections. The announcement comes amidst the ongoing Uttar Pradesh Global Investors Summit (UPGIS) in Lucknow, where discussions on investment and development have been taking place.
At the ground-breaking ceremony, PM Modi highlighted the end of red-tape culture and the introduction of a red-carpet culture in the last seven years, as well as a reduction in crime and an expansion of the business culture in UP. He emphasized the positive shift in perceptions regarding investment and employment opportunities in the state.
During the ceremony, PM Modi unveiled plans to launch 14,000 projects across Uttar Pradesh in various sectors including manufacturing, renewable energy, IT, food processing, housing, real estate, hospitality, and education. These projects, with a total investment exceeding ₹10 lakh crore, are aimed at driving economic growth and generating employment opportunities in the state.
PM Modi will also lay the foundation stone of Shri Kalki Dham Temple in Sambhal district, Uttar Pradesh, showcasing the government’s commitment to cultural and religious development alongside economic initiatives.
The 10 key updates on PM Modi’s visit to Uttar Pradesh for the UPGIS include his planned participation in the foundation stone-laying ceremony of Shri Kalki Dham Temple, as well as the unveiling of the temple model. In the afternoon session, PM Modi will inaugurate 14,000 projects across Uttar Pradesh, worth more than ₹10 lakh crore, based on investment proposals received during the UP Global Investors Summit 2023. These projects cover sectors like manufacturing, renewable energy, IT and ITeS, food processing, housing, hospitality, education, and more. The investment is expected to generate over 34 lakh jobs and will be attended by around 5,000 industrialists, representatives of global and Indian firms, ambassadors, high commissioners, and other distinguished guests, highlighting the global interest in Uttar Pradesh’s development.
The summit will also feature sectoral sessions focusing on areas such as artificial intelligence (AI), foreign direct investment (FDI), and corporate social responsibility (CSR), fostering interaction between stakeholders and promoting collaboration for impactful initiatives. Nearly ₹1.5 lakh crore worth of MoUs have been prepared for GBC 4.0 across more than 45 districts of Uttar Pradesh, indicating widespread interest and potential for development.
In summary, Prime Minister Modi’s visit to Uttar Pradesh for the UPGIS includes the launch of 14,000 projects worth over ₹10 lakh crore, the inauguration of the Shri Kalki Dham Temple, and sectoral sessions promoting collaboration and development in various key areas. The initiatives aim to drive economic growth, generate employment opportunities, and showcase the state’s growing appeal as an investment destination.