Mumbai roadshow yields proposals worth 5 lakh crore, claims UP govt

MUMBAI/LUCKNOW: The first domestic roadshow ahead of the Global Investors’ Summit, led by UP CM Yogi Adityanath, was a successful start for the state government, with investment proposals of more than 5 lakh crore being made at the event, according to the state government.
“In his meeting with the CM, Karan Adani of the Adani Group proposed investments spread over the next five years in the warehousing and logistics sectors. The group has also proposed cement units at seven locations. Another project discussed was the setting up of medical colleges on PPP mode in Ballia and Shrawasti, and another skill development centre with a capacity of 10,000 in Noida,” a government spokesperson said.
Adani and the CM discussed a project to make UP the largest ammunition hub after Brazil, and the development of Lucknow airport.
Aditya Birla Group chairperson Kumar Mangalam Birla has sought the government’s assistance in setting up a convention centre in Noida
Meanwhile, Darshan Hiranandani, head of the Hiranandani Group, discussed plans for investing in manufacturing semiconductors in collaboration with foreign partners. Tata Sons chairperson N Chandrasekaran discussed the development of a spiritual circuit in UP by making Air India’s flight service available at all airports in UP, and the development of hotels.
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