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PM Modi unveils ₹10 lakh cr worth of projects at Uttar Pradesh Global Investors’ Summit ground breaking ceremony

By: Editorial Desk

by Editorial Desk
February 20, 2024
in News
Reading Time: 2 mins read
PM Modi unveils ₹10 lakh cr worth of projects at Uttar Pradesh Global Investors’ Summit ground breaking ceremony

PM Modi unveils ₹10 lakh cr worth of projects at Uttar Pradesh Global Investors’ Summit ground breaking ceremony

Summarize with:

New Delhi: Prime Minister Narendra Modi inaugurated 14,000 projects valued at over ₹10 lakh cr in Uttar Pradesh during the ground breaking ceremony of the Uttar Pradesh Global Investors Summit held in Lucknow. The diverse array of projects includes sectors such as manufacturing, renewable energy, IT & ITeS, food processing, housing, real estate, hospitality, entertainment, and education.

In his address, Modi outlined a vision for Uttar Pradesh’s advancement, positioning it as a foundation for a ‘Viksit Bharat’ (developed India). He emphasised the state’s potential as a tourism hub, citing the increasing appeal of Varanasi and Ayodhya as prime attractions. This rapidly growing tourism sector, he noted, presents abundant opportunities for local businesses, airlines, and the hospitality industry.

The Prime Minister also discussed improvements in Uttar Pradesh’s connectivity, highlighting the inauguration of the world’s longest river cruise from Varanasi. He anticipates significant economic benefits from the upcoming Kumbh Mela in 2025, foreseeing a boost in tourism and hospitality employment.

Addressing food processing entrepreneurs, Modi advocated the “zero effect, zero defect” philosophy, urging efforts to position Indian food products on global platforms. He encouraged investment in the growing popularity of millets and advocated for partnerships between entrepreneurs and farmers. Modi reiterated support for small-scale farmers through Farmer Producer Organisations (FPOs) and cooperative societies, envisioning agricultural advancement in tandem with business growth.

“Benefit to farmers and agriculture is good for your business too,” Modi emphasised, acknowledging Uttar Pradesh’s vital role in India’s rural economy. He expressed confidence in the state’s people and the collaborative efforts of the “double-engine government,” foreseeing a pathway to widespread progress.

Also Read More – 
  • Vibrant Gujarat Summit 2024: PM Modi unveils ‘Gateway to the Future’ with tech innovation, sustainable vision, and global economic triumph
  • Bihar Business Summit Attracts Over Rs 26,400 Crore in Investments
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Summarize with:
Tags: entertainmentfood processingGlobal Investors SummitGlobal Investors Summit in lucknowhospitalityHousingIndia's rural economyIT & ITeSKumbh Mela in 2025PM Modi unveils ₹10 lakh cr worth of projects at Uttar Pradesh Global Investors SummitPM Modi unveils ₹10 lakh cr worth of projects at Uttar Pradesh Global Investors' Summit ground breaking ceremonyreal estateRenewable Energyupcoming Kumbh Mela in 2025Uttar Pradesh Global Investors SummitViksit Bharatworld's longest river cruiseworld's longest river cruise from Varanasizero defectzero effectzero effect zero defect
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