UP INVESTORS SUMMIT

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Context

• Uttar Pradesh Investors Summit 2022 began in Lucknow.

Details

• In the Summit PM Modi laid the foundation stone of 1,406 projects worth more than Rs 80,000 crore in the state.
• Adani Group would make an investment of Rs 70,000 crore in Uttar Pradesh.
• 2022 Summit will fund at least 805 projects in the micro, small, and medium enterprise (MSME) sector, 275 in agriculture and allied industries, and 65 in pharmaceuticals and medical supplies.
• Among other projects, there will be six related to education sector worth Rs 1,183 crore, seven related to dairy worth Rs 489 crore, and six in animal husbandry worth Rs 224 crore.
• Note: The state has 90 lakh MSMEs -- the highest -- that constitute 14.2 per cent of all such projects in the country

UP INVESTORS SUMMIT 2022

• The first UP Investors Summit was held in 2018 and the second in 2019.
• During the first summit, 81 projects worth more than Rs 61,500 crore were launched while 290 projects with investments of over Rs 67,000 crore were launched during the second summit.

Investors Summit: Adani to invest Rs 70,000 crore in UP, create 30k jobs (msn.com)