Uttar Pradesh to get a defence corridor

Uttar Pradesh to get a defence corridor”

Prime Minister Narendra Modi on Wednesday inaugurated the two-day "UP Investors Summit", which is in line with the summits held by states like Gujarat (Vibrant Gujarat) and Maharashtra (Magnetic Maharashtra Summit) to attract potential investors.

"Further lauding the agricultural achievements of the state government, the Prime Minister said", Uttar Pradesh is the number one producer of grains, wheat, sugar cane and potato in the entire country.

"A new bio-policy has been initiated in the state". Modi said the Kumbh Mela could improve tourism.

He also announced global airports in Jewar and Kushinagar.

He said that even though he was brought up in Maharashtra, Uttar Pradesh is his mother's land.

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"So no one can stop the State from achieving its target of growth", he said.

The Prime Minister said the Adityanath government had pushed the state from negativity towards positivity and rekindled hope among the people.

"One of the two defence industrial corridors mentioned in the budget, one is proposed in the Bundelkhand region of the state which will bring an investment of Rs 20,000 crore and generate employment avenues for 2.5 lakh people".

Furthermore, Birla said accelerated industrialisation, coupled with an industry-friendly government has enhanced the potential of the state, making it attractive to investors. "We will also open an IT-enabled services centre in Varanasi soon", Chandrasekaran said.

"Tourism is a multiplier for growth".

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Reliance Chairman Mukesh Ambani also stressed that Uttar Pradesh is "not rising, but racing ahead in development".

Rajya Sabha MP Subhash Chandra will address the media and entertainment session during the summit. In the UP investor summit 2018, many business tycoons like Mukesh Ambani, Chairman of Reliance Industries, Anand Mahindra, Chairman of Mahindra Group and Gautam Adani, Founder and Chairman of Adani Group registered their presence.

Adani Group today said it will invest Rs 35,000 crore in Uttar Pradesh over the next five years in various sectors.

He congratulated the State for establishing itself on the path of development and prosperity in such a short timeframe.

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