Uttar Pradesh Global investors summit 2023 - intents of investment worth 32.92 lakh crore and 18,000 agreements

[Gaali_Gottam_Govinda]

LUCKNOW: Uttar Pradesh has so far received intents of investment worth over Rs 32.92 lakh crore after inking more than 18,000 agreements at the Global Investors Summit-2023, surpassing the records of investments received by other states, including Gujarat and Madhya Pradesh.

With investment proposals of this magnitude coming to UP, the state government has estimated creation of 92 lakh jobs opportunities. “If realised, these many jobs will be a record,” says a senior state government official.

As per officials, the Vibrant Gujarat summits have fetched investment proposals worth a maximum of Rs 15 lakh crore. Similarly, the Invest Madhya Pradesh meet organised in January this year had logged investment proposals to the tune of Rs 15 lakh crore. The Shivraj Singh Chouhan government had promised 29 lakh jobs. Similarly, the Ashok Gehlot government in Rajasthan had received Rs 11 lakh crore investment proposals with a promise of 10 lakh jobs at the summit organised in October 2022.

 

In Odisha also, at the 2022 investors summit, investment intents worth Rs 10 lakh crore were received by the Naveen Patnaik government, while in the Karnataka business summit in 2022, proposals for investment worth Rs 9.8 lakh crore were submitted.

According to Industrial Development Commissioner Arvind Kumar, the investment proposals are likely to cross the figure of Rs 34 lakh crore after the agreements of Rs 75,000 crore signed with Reliance Industries Ltd and Rs 25,000 crore inked with the Hinduja group.

The state government authorities say the worth of investment proposals received so far by the Uttar Pradesh government is 40% more than the total Gross Domestic Product of the state, as it is estimated to be around Rs 21 lakh crore in financial year 2022-23.

The UP government had set an initial target of Rs 11.25 crore which was revised to Rs 17.3 lakh crore after the road shows held by the ministers of the Yogi Adityanath government across 21 cities of 16 countries. Now the target has been left far behind with the incoming intents. The UP Global Investors Summit comes ahead of similar business meets in other states, including Andhra Pradesh which has planned a meet in Vishakhapatnam on March 3-4, followed by Maharashtra later this year.

 

Mana jaganna enni lakhs crores testaado soodali in March

 

[ZoomNaidu]

@Gaali_Gottam_Govinda - Jaggad meedha Baaga hopes vunnaay ba neeku 😂😂

[Gaali_Gottam_Govinda]

10 minutes ago, ZoomNaidu said:

@Gaali_Gottam_Govinda - Jaggad meedha Baaga hopes vunnaay ba neeku 😂😂

high hopes on Jaganna and world best IT minister Amar anna..... Global summit ki Elon musk surprise guest ani talk 

 

 

[Ryzen_renoir]

Fake pakodi summits , fake MOUs that will never materialize 

All the state investment summits are just bogus , wasted exercise for publicity. 

Just as an example , Andhra govt announces 17 lakh crores investments in 2017 while the actual private investment in AP between 2014 to 19 is around 30k crs according to DPIIT

[Ryzen_renoir]

The capex of private sector in all of india is 6 lakh crores 

https://www.thehindubusinessline.com/money-and-banking/india-could-see-private-capex-investments-of-6-lakh-crore-in-fy23-chief-economic-advisor/article66179343.ece

According to this summit , UP will receive  5 times Indias entire capex in just one state. 

Even if we distribute the proposals to 5 years , they need to get more investment than all of india every year to reach that goal. 

The only one who signed realistic MOUs were tamil nadu under admk 

 

[Thokkalee]

 

[ZoomNaidu]

1 minute ago, Thokkalee said:

 

@Arey_enti_ra_idi @JackSeal 😃😃

[bharathicement]

5 hours ago, Gaali_Gottam_Govinda said:

LUCKNOW: Uttar Pradesh has so far received intents of investment worth over Rs 32.92 lakh crore after inking more than 18,000 agreements at the Global Investors Summit-2023, surpassing the records of investments received by other states, including Gujarat and Madhya Pradesh.

With investment proposals of this magnitude coming to UP, the state government has estimated creation of 92 lakh jobs opportunities. “If realised, these many jobs will be a record,” says a senior state government official.

As per officials, the Vibrant Gujarat summits have fetched investment proposals worth a maximum of Rs 15 lakh crore. Similarly, the Invest Madhya Pradesh meet organised in January this year had logged investment proposals to the tune of Rs 15 lakh crore. The Shivraj Singh Chouhan government had promised 29 lakh jobs. Similarly, the Ashok Gehlot government in Rajasthan had received Rs 11 lakh crore investment proposals with a promise of 10 lakh jobs at the summit organised in October 2022.

 

In Odisha also, at the 2022 investors summit, investment intents worth Rs 10 lakh crore were received by the Naveen Patnaik government, while in the Karnataka business summit in 2022, proposals for investment worth Rs 9.8 lakh crore were submitted.

According to Industrial Development Commissioner Arvind Kumar, the investment proposals are likely to cross the figure of Rs 34 lakh crore after the agreements of Rs 75,000 crore signed with Reliance Industries Ltd and Rs 25,000 crore inked with the Hinduja group.

The state government authorities say the worth of investment proposals received so far by the Uttar Pradesh government is 40% more than the total Gross Domestic Product of the state, as it is estimated to be around Rs 21 lakh crore in financial year 2022-23.

The UP government had set an initial target of Rs 11.25 crore which was revised to Rs 17.3 lakh crore after the road shows held by the ministers of the Yogi Adityanath government across 21 cities of 16 countries. Now the target has been left far behind with the incoming intents. The UP Global Investors Summit comes ahead of similar business meets in other states, including Andhra Pradesh which has planned a meet in Vishakhapatnam on March 3-4, followed by Maharashtra later this year.

 

Mana jaganna enni lakhs crores testaado soodali in March

 

 

Might be true but two points to ponder:
1. Directly encouraged, backed and supported by Central Govt.

2. Most of that investment goes to the Western most part of UP called as Noida (NCR Region), like many other FDIs that go to Mumbai, Hyderabad, Bangalore with no direct benefit to the larger part of those respective states.

3.Still its fine and better than AP, where Gudiseti Amar challenges PK on regular day basis to prove Akhira is his own son.

[chammakchandra]

8 hours ago, Gaali_Gottam_Govinda said:

LUCKNOW: Uttar Pradesh has so far received intents of investment worth over Rs 32.92 lakh crore after inking more than 18,000 agreements at the Global Investors Summit-2023, surpassing the records of investments received by other states, including Gujarat and Madhya Pradesh.

With investment proposals of this magnitude coming to UP, the state government has estimated creation of 92 lakh jobs opportunities. “If realised, these many jobs will be a record,” says a senior state government official.

As per officials, the Vibrant Gujarat summits have fetched investment proposals worth a maximum of Rs 15 lakh crore. Similarly, the Invest Madhya Pradesh meet organised in January this year had logged investment proposals to the tune of Rs 15 lakh crore. The Shivraj Singh Chouhan government had promised 29 lakh jobs. Similarly, the Ashok Gehlot government in Rajasthan had received Rs 11 lakh crore investment proposals with a promise of 10 lakh jobs at the summit organised in October 2022.

 

In Odisha also, at the 2022 investors summit, investment intents worth Rs 10 lakh crore were received by the Naveen Patnaik government, while in the Karnataka business summit in 2022, proposals for investment worth Rs 9.8 lakh crore were submitted.

According to Industrial Development Commissioner Arvind Kumar, the investment proposals are likely to cross the figure of Rs 34 lakh crore after the agreements of Rs 75,000 crore signed with Reliance Industries Ltd and Rs 25,000 crore inked with the Hinduja group.

The state government authorities say the worth of investment proposals received so far by the Uttar Pradesh government is 40% more than the total Gross Domestic Product of the state, as it is estimated to be around Rs 21 lakh crore in financial year 2022-23.

The UP government had set an initial target of Rs 11.25 crore which was revised to Rs 17.3 lakh crore after the road shows held by the ministers of the Yogi Adityanath government across 21 cities of 16 countries. Now the target has been left far behind with the incoming intents. The UP Global Investors Summit comes ahead of similar business meets in other states, including Andhra Pradesh which has planned a meet in Vishakhapatnam on March 3-4, followed by Maharashtra later this year.

 

Mana jaganna enni lakhs crores testaado soodali in March

 

They have huge advantage  for being right beside delhi.. all border areas with Delhi are already developed, even tho they are doing this late in the game.. they will catch easily with their advantages 

[Anta Assamey]

India annual budget ee 40 Lakh crores for 2023... Uttar Pradesh ki 33 Lakh Crores investments vastunayi.... Almost equal to Country budget....

[Forgive_Me]

2 hours ago, Anta Assamey said:

India annual budget ee 40 Lakh crores for 2023... Uttar Pradesh ki 33 Lakh Crores investments vastunayi.... Almost equal to Country budget....

32 lakh crore INR ante 380 Billion USD investments anta !

380 Billion USD invest chese errihooks avasaram ledu, sollu vine errihooks unnaru desam lo adhi chalu