Lucknow: Uttar Pradesh has emerged as a destination for investors at the Global Investors Summit-2023 (GIS-2023) that begins on Friday.
Speaking at the GIS, Aditya Birla Group Chairman Kumar Mangalam Birla said that “Aditya Birla Group will invest Rs 25,000 crore in UP. India has the world’s fastest-growing economy, in which UP plays a significant role. Under the leadership of UP CM Yogi Adityanath, the state is experiencing unprecedented growth. A highway network is being built in UP. The government has also made significant strides in terms of ease of doing business.”
He lauded the UP government’s Nivesh Mitra initiative. Investors are already taking note of the changing face of Uttar Pradesh, as over the last three years ending in September 2022, the state has attracted FDI worth USD 1.1 billion. This is the highest in the last two decades.
Aditya Birla Group will invest Rs 25,000 crore in UP in the fields of cement, metals, chemicals, finance services, and renewable energy, Birla said.
‘Yogi useful for UP’
Kumar Mangalam Birla said that India will be the third largest economy in the world by 2030. Under the leadership of PM Modi, India’s economy is growing rapidly. He also said that PM’s statement has gone viral on social media, in which he stated that ‘UP and Yogi are very important’ and Yogi has proved it.
