UP GIS-23: 56% investment proposals received in manufacturing sector
- IBEF
- February 6, 2023
The Uttar Pradesh Global Investors Summit (UP GIS) has successfully attracted investment proposals of US$ 254.67 billion (Rs 21 lakh crore), to be held on 10th-12th February. Chief Minister, Mr. Yogi Adityanath has set a visionary goal of making UP a US$ 1 trillion economy in the next 5 years.
56% of the total investment was attained by the manufacturing sector. Out of this, the agriculture sector attained 15% of the total investment proposals and Memorandum of Understanding (MoU), followed by the infrastructure sector with 8%, textile with 7% at fourth place, and tourism at fifth place. Furthermore, sectors like Education, IT and Electronics, Healthcare, Warehousing & Logistics, Renewable Energy, and Pharmaceuticals and Medical Devices also received investment proposals and MoUs.
The western part of the state, Paschimanchal, received 45% of the total investment proposals and MoUs.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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