Uttar Pradesh: The second Groundbreaking Ceremony to be held in Lucknow on July 28 and 29. The ceremony will be inaugurated by home minister Amit Shah while Vice President Venkaiah Naidu will preside over the closing ceremony.
The two day session will launch around 215 projects worth more than Rs 60,000 Crore.
During the investors’ summit held in 2018, the Uttar Pradesh government had signed MoUs for the investment of Rs 4.68 lakh crore with various public sector undertakings, private companies and industrial houses.
State Minister for industrial development Satish Mahana said: “The state government plans to launch industrial and infrastructure projects worth almost Rs 70,000 crore next month. The projects come from the 1,047 MoUs, the state government and companies signed during the ‘UP Investors Summit’ in Lucknow in February 2018.” The projects lined up for foundation laying at the proposed groundbreaking event pertain to different sectors, including electronics, infrastructure, food processing and textiles.
On July 29 last year, Prime Minister Narendra Modi laid the foundation of projects worth over Rs 60,000 crore during the first groundbreaking. He had also exhorted Uttar Pradesh and Maharashtra to race for becoming India’s first trillion dollar state economy.
