What TV doesn't, print can't; we deliver.
What TV doesn't, print can't; we deliver.
Billionaire Mukesh Ambani on Friday announced investments worth Rs 75,000 crore to be rolled out over the next four years in the telecom sector, retail, and new energy business in Uttar Pradesh. He set a deadline of December 2023 to roll out 5G services, he informed the audience at the UP Investor Summit.
Reliance will set up 10 GW of renewable capacity and start a bio-energy business in the state, he added.
“India is on a very strong growth path,” he added. Ambani said that Reliance plans to invest an additional Rs 75,000 crores in the next four years across Jio, retail and renewable businesses in UP, creating an additional over 1 lakh jobs in the state.
Prime Minister Narendra Modi on Friday inaugurated the Uttar Pradesh Global Investors Summit 2023 in Lucknow. The Uttar Pradesh Global Investors Summit 2023 is being held from February 10-12.
Addressing the gathering, the Prime Minister welcomed the investor community, industry leaders, and policymakers both as a Prime Minister and as a Member of Parliament from Uttar Pradesh.
The Prime Minister emphasized that the land of Uttar Pradesh is known for its cultural splendor, glorious history, and rich heritage. Noting the capabilities of the state, the Prime Minister drew attention to the unwanted tags such as underdevelopment, BIMARU, and the poor law and order situation attached to Uttar Pradesh. He also touched upon the scams worth thousands of crores that were unearthed on a daily basis in earlier times.
The Prime Minister said within 5-6 years, Uttar Pradesh has established a new identity. Now Uttar Pradesh is known for good governance, better law and order situation, peace, and stability. “New opportunities for wealth creators are being made here”, the Prime Minister added. The Prime Minister also stressed that initiatives for better infrastructure in UP are bearing fruit. He said very soon UP will be known as the only state with 5 International airports. Freight corridor will connect the state directly with the sea coast in Maharashtra.
The Prime Minister also noted a meaningful change in the government’s thinking in UP for ensuring ease of doing business. “Today UP has become a source of hope and inspiration”, the Prime Minister remarked. He underlined that UP has become a bright spot for the nation just like India has become a bright spot on the global stage.
Scheduled from 10-12 February 2023, Uttar Pradesh Global Investors Summit 2023 is the flagship investment summit of the Government of Uttar Pradesh which will bring together policymakers, industry leaders, academia, think tanks, and leaders from across the world to explore business opportunities and forge partnerships collectively.
Investor UP 2.0 is a comprehensive, investor-centric, and service-oriented investment ecosystem in Uttar Pradesh that endeavours to deliver relevant, well-defined, standardised services to investors.
Union Defence Minister Rajnath Singh, Uttar Pradesh Governor Anandiben Patel, and Chief Minister Yogi Adityanath were also present on this occasion.
During the course of the summit, there will be a total of 34 sessions. Of these, 10 sessions will be on the first day, 13 on the second, and 11 on the last day.
Defence Minister Rajnath Singh, Uttar Pradesh Chief Minister Yogi Adityanath, and state Industrial Development Minister Nand Gopal Gupta Nandi as well as industrialists Mukesh Ambani, K Chandrasekaran, Kumar Mangalam Birla, and Anand Mahindra will address the inaugural session of the summit.
