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UP Investors’ Summit 2018: Modi announces defence industrial corridor in Bundelkhand

By Deepika

Prime Minister Narendra Modi inaugurates two-day Uttar Pradesh Investors' Summit 2018 the first such event by the Yogi Adityanath government. President Ram Nath Kovind will attend the valedictory function on the second day.

PM Modi at UP investors summit 2018

The scale of the event is huge as this mega event is being organised by various heads of states and governments, ministers. Several Union Ministers including Rajnath Singh, Arun Jaitley, Nirmala Sitharaman, Nitin Gadkari, Suresh Prabhu, Smriti Irani, Ravi Shankar Prasad, Dr Harsh Vardhan, V K Singh, Dharmendra Pradhan will attend the summit and chair individual sessions to attract investment for the state.

The summit is aimed at showcasing investment opportunities and potential across various sectors in Uttar Pradesh.

More than 5,000 delegates are scheduled to attend the two-day summit and over 100 speakers will be addressing gatherings.

Stay tuned for live updates:

Newest First Oldest First
7:37 PM, 21 Feb
Prime Minister Narendra Modi announced that his government will establish a Rs. 20,000-crore defence industrial production corridor in Bundelkhand, a region divided between Uttar Pradesh and Madhya Pradesh which will generate 250,000 jobs.
7:37 PM, 21 Feb
Prime Minister Narendra Modi recounted his visit to Maharashtra and said that the Maharashtra government had kept a target of having a trillion dollar economy. PM Modi then asked if there could be competition between Maharashtra and Uttar Pradesh, as to which state could first achieve the target of being a trillion dollar economy.
7:35 PM, 21 Feb
Earlier there was an atmosphere of fear in the state. It not only affected the people but also the investors. Yogi Adityanath brought a positive environment in the state. The foundation for new UP has been laid: PM Modi
7:35 PM, 21 Feb
Prime Minister Narendra Modi addresses the UP Investo's summit. ''We have the former Maldives politician and investors from across the globe at the summit. When there is development, it can be seen. The fact that this summit could happen at such a large-scale is a big achievement for the state. Would like to congratulate the leadership and the people of the state for achieving this.''
7:35 PM, 21 Feb
Prime Minister Modi launches Nivesh mitra, the single-window digital portal clearance. This is an online platform to submit, access proposals to the government. Automatic information through SMS will be provided.
7:34 PM, 21 Feb
Yogi Adityanath presents memento to Prime Minister Modi
3:36 PM, 21 Feb
Yogi says Due to the leadership of PM Modi, the UP is reaching new heights of development. Extend welcome to the Prime Minister. PM always says that there can be no alternative to development. The growth of country can happen only when coupled with that of UP. The focus sector of the summit includes handloom, dairy, MSE, IT, start-ups, electronics, tourism and films.
3:26 PM, 21 Feb
“We have proposed Bundelkhand and Purvanchal Expressway to give a fillip to the dedicated industrial corridor and facilitate transport,” chief minister Yogi Adityanath.
3:24 PM, 21 Feb
“Our target is to create 40 lakh new job opportunities in UP in the next three years,” says Yogi Adityanath.
11:44 AM, 21 Feb
Chandrasekaran announces setting up of a IT centre in Varanasi.
11:36 AM, 21 Feb
To strengthen its holistic presence in UP, TCS will set up a new campus in Lucknow for 30,000 employees: Chandrasekaran, chairman of Tata Sons.
11:36 AM, 21 Feb
Will make an investment of Rs 18,750 crore in Uttar Pradesh, says Zee group chairman Subhash Chandra.
11:31 AM, 21 Feb
“In next five years, we plan to invest nearly 25,000 Crores in Uttar Pradesh,” said Kumar Mangalam Birla.
11:31 AM, 21 Feb
“Industrial investors will find several opportunities across different sectors in Uttar Pradesh today,” Kumar Mangalam Birla .
11:20 AM, 21 Feb
Mahindra group will stand by CM Yogi Adityanath in his endeavour to take UP forward: Anand Mahindra
11:19 AM, 21 Feb
Anand Mahindra announces Rs 200 crore Club Mahindra facility in Varanasi.
11:18 AM, 21 Feb
Birla group will invest Rs 25000 crore in UP in the next five years: Kumar Mangalam Birla
11:16 AM, 21 Feb
Adani announces investment of RS 35000 crore over next three years in UP.
11:15 AM, 21 Feb
Adani group chairman Gautam Adani is addressing the delegates at the event.
11:13 AM, 21 Feb
“Jio is one of the largest investors in UP with investments over Rs 20,000 crore investment. Jio will be present in every single village in Uttar Pradesh by the end of 2018,” said Mukesh Ambani.
11:12 AM, 21 Feb
“Country’s most populous state can become the most prosperous state by investing in Digital India,” says Mukhesh Ambani.
11:08 AM, 21 Feb
Reliance Industries Chairman Mukesh Ambani is addressing the delegates at the summit. "PM Modi wants to make Uttar Pradesh Uttam Pradesh," Ambani says adding that he has never seen a state capital decked so well for an investors summit. Recalling the meeting with Yogi Aditynath in Mumbai, Ambani said that the state is not only rising but racing ahead.
11:08 AM, 21 Feb
A video displaying the investment options and potential in the state was screened at the summit.
11:08 AM, 21 Feb
Prime Minister has reached the venue and is having a look at the outlay of the summit.

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