UP gets Rs 21 trn investment proposals; PM to inaugurate GIS on Friday

Earlier, the global roadshows had clocked investment proposals of about Rs 7 trillion from global biggies representing different continents and sectors

Uttar Pradesh has received investment proposals to the tune of Rs 21 trillion in the run-up to the UP Global Investors Summit (GIS) later this week. The government had already revised its initial investment target to Rs 17 trillion. The total job creation potential of these proposals, numbering more than 13,000, is pegged at about 18 million.

According to sources, the manufacturing sector alone accounts for the lion’s share of 55 per cent or almost Rs 12 trillion of these proposals.

“Agriculture and allied sectors have logged investment proposals of 15 per cent, followed by textile 7 per cent, tourism