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The Uttar Pradesh (UP) government has signed memorandums of understanding (MoUs) worth nearly $2 billion (about Rs 16,400 crore) with North American companies in the logistics, defence, and aerospace sectors.
The agreements were inked recently with the companies incorporated in the US and Canada, a senior government official said.
US-based Mobility Infrastructure Group will invest Rs 8,200 crore in logistics projects, expected to generate 100 fresh employment opportunities. Canada-based QSTC will also pump in Rs 8,200 crore in defence and aerospace projects, creating 200 jobs.
The government is looking to showcase the state’s military hardware manufacturing potential as well as
