New Growth Engine Gets Rs 33.5 lk cr Investment Proposals

Udyami Mitras to Facilitate Investors - Yogi

New Growth Engine Gets Rs 33.5 lk cr Investment Proposals

19,000 MoU signed during Uttar Pradesh GIS – Feb 10 to 12

The Yogi government has generated confidence among investors to come to areas hitherto considered 'unsafe'

LUCKNOW, Feb 16 (The CONNECT) - With the signing of About 19,000 MoUs during the Global Investment Summit, investment proposals valued over Rs 33.50 lakh crore have been received.

The proposals, received during the summit from February 10 to 12,  in different sectors are expected to create over 93 lakh jobs.

The result of the three-day Uttar Pradesh Global Investors Summit, which was held recently under the leadership of Chief Minister Yogi Adityanath, has proved to be more encouraging than expected, a UP Government press release said.

Presence of a strong law and order system, traffic connectivity and the new policies of the Yogi government in 25 sectors have motivated entrepreneurs to invest in the state. Resultantly, investments have been received in all 18 divisions.

Of these, the investors have shown maximum interest in Meerut division, and the least amount of investment proposals have come for Azamgarh division. In terms of investment, Meerut, Lucknow, Agra, Jhansi and Varanasi are the top five divisions of Uttar Pradesh respectively.


Chief Minister Yogi Adityanath has directed the government officials to appoint Udyami Mitras (friends of entrepreneurs) as soon as possible to get projects worth record Rs 33.52 lakh crore of investors, received through  GIS-23 on the ground.

These Udyami Mitras will be appointed by Invest UP under Mukhyamantri Udyami Mitra Yojana.

They will contact the investors, listen to their problems, solve them and explain to them in detail about the facilities being provided by the Yogi government regarding investment. In the first phase, 105 Udyami Mitras will be appointed on a one-year contract. At the same time, they will be given honorarium and allowances of Rs 70,000 per month. Candidates will be able to apply online for the application on the website of Invest UP or on the portal developed for it.


Division-wise, Meerut division has received maximum investment of Rs 9,85,566 crores, followed by Rs 2,91,468 crores in Lucknow, Rs 2,60,947 crores in Agra, Rs 2,18,498 crores in Jhansi, Rs 1,96,632 crores in Varanasi, Rs1,78,285 crore in Gorakhpur, Rs 1,39,671 in Mirzapur, Rs 1,28,040 crore in Bareilly, Rs 98,367 crore in Chitrakoot, Rs 80,607 crore in Kanpur,  Rs 77,547 crore in Ayodhya, Rs 67,563 crore in Prayagraj, Rs 67,467 crore in Aligarh, Rs 44,704 crore in Moradabad and Rs 20,101 crore in Saharanpur divisions. The Yogi government has received investment proposals of Rs 19,250 crore in Basti division, Rs 10,593 crore in Devipatan and Rs 6,648 crore in Azamgarh divisions. Apart from this, investment proposals amounting to Rs 4,58,648 crore have been made for various areas of the state, which have not been classified division-wise at present.

Bundelkhand and Purvanchal, once considered the most backward areas of UP, have outshined other regions in terms of receiving investment under the Yogi Adityanath government.

Jhansi division and Chitrakoot division falling under the Bundelkhand region have attracted most of the investors. While the Jhansi division is in the top five in terms of investment proposals, the Chitrakoot division is included in the top ten. Similarly, in the Purvanchal region, the Varanasi division is at fifth position and the Gorakhpur division is at number six.

Naxalites stronghold collapses: Investors have also shown a lot of interest in Sonbhadra, Chandauli and Mirzapur districts, which were once strongholds of Naxalites. The industry has made up its mind to invest more than Rs 11,000 crores in Chandauli district falling in Varanasi division and Rs 64,000 crores in Mirzapur district falling in Mirzapur division and more than Rs 74,000 crores in Sonbhadra district. The Yogi government has achieved great success in creating an atmosphere for setting up industries in areas once considered 'unsafe'.

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