UP investors summit: PM Modi laid foundation stone of 1406 projects

New Delhi: The Prime Minister, Shri Narendra Modi attended the Ground Breaking Ceremony at 3.0 of the UP Investors Summit at Lucknow today. During the Ground Breaking Ceremony, the Prime Minister laid the foundation stone of 1406 projects worth more than Rs 80,000 crores. 

The projects encompass diverse sectors like Agriculture and Allied, IT and Electronics, MSME, Manufacturing, Renewable Energy, Pharma, Tourism, Defence & Aerospace, Handloom & Textiles etc. The ceremony was attended by top industry leaders of the country. Chief Minister of Uttar Pradesh, Yogi Adityanath, Union Minister Shri Rajnath Singh were among those present on the occasion.

Speaking on the occasion, the Prime Minister thanked the investors for showing their faith in the capability, dedication, hard work and understanding of the youth of Uttar Pradesh. He also asked the industrialists to visit Kashi. “As a representative of Kashi, I would urge you to visit my Kashi. The fact that Kashi, along with its ancient glory can emerge into a new version of itself, is a living example of the capabilities of Uttar Pradesh”, he added.

The Prime Minister said that proposals that were entered de into today will create new possibilities in Uttar Pradesh and reflect the growing confidence in the growth story of Uttar Pradesh. “Only our democratic India has the power to meet the parameters of a trustworthy partner that the world is looking for today. Today the world is looking at India's potential as well as appreciating India's performance", he said. 

The Prime Minister informed that India is the fastest growing of the G20 economies and is at number two in the Global Retail Index. India is the third largest energy consumer country in the world. Last year, a record FDI of $84 billion came from more than 100 countries of the world. India has created a new record by exporting merchandise worth more than $ 417 billion i.e. 30 lakh crore rupees in the last financial year, he informed.