PULSUS plan to invest Rs 500 crore in Uttar Pradesh

Hyderabad-based e-education company PULSUS plans to invest Rs 500 crore in Uttar Pradesh, a senior company official said here on Sunday.  The company has already signed an MoU with Uttar Pradesh government for the proposed investment.

 “We signed a pact during the recently concluded Investors Summit in the state capital,” PULSUS Chief Executive Officer Srinubabu Gedela said.  As per the plan, a 1,000-seat global scientific literature language transformation centre will be set up in Noida, UP, with an investment outlay of 500 crore, he said.

The centre will focus on skill development and translation of global scientific and healthcare information to Hindi Telugu, Malayalam, Tamil, Gujarati and Bengali with the support from the Uttar Pradesh government.   “To begin with PULSUS Noida centre will focus on translation and create jobs for life sciences and pharma graduates, graduating from government and other educational institutions in UP.”

PULSUS Group operates more than 1,000 journals and 25 million pages literature in healthcare and scientific fields. Headquartered at Singapore, the group has presence in the UK, Canada and India. 

During the visit of the chief minister Yogi Adityanath to Mathura on saturday Korea based Worldbestech company CEO   had met him and later announced to invest Rs 90,000 crore in Uttar Pradesh in various projects such as gas-based power plant, cold storage and food processing, a top company official said.

.“We shall set up a gas-based power plant and allied companies in Mathura that would also solve the problem of potato growers of Mathura and adjoining districts,” Worldbestech CEO and President K K Kim said while briefing state Chief Minister Yogi Adityanath on the investment plans.

The company plans to invest Rs 90,000 crore in projects like gas power plant, food processing ventures and cold storage, the official said. The Korean company had also attended the UP investor summit in Lucknow. The company officials were called for a meeting here today by the chief minister who was in the town for an event.

Yogi told the Korean investor that the state would provide all possible assistance and they should go ahead with their plan. The chief minister also directed officials and state power minister Srikant Sharma to provide assistance to the Korean company.