18 companies of Purvanchal will invest Rs 2521.36 crore. For this, an agreement has been signed with the Uttar Pradesh State Industrial Development Authority (UPCIDA), Varanasi. Maximum investment will be in Varanasi, Lucknow, Mirzapur and Chandauli. This will provide employment to 20,793 youth of the state including Purvanchal.
Uttar Pradesh government is organizing International Investors Summit on 10, 11 and 12 February 2023 in Lucknow. Investors from Purvanchal will also participate in this. Kashi’s company M/s Indian Corporation has decided to invest Rs 2000 crore in Varanasi and Lucknow. According to the agreement signed with UPCIDA, the company will also provide employment to 20 thousand youths.
The land has been allotted to the company coming up with the Logistics and Warehousing Project. Apex Group of Varanasi has signed a major investment agreement in Mirzapur. The Ayurvedic college of this group is already running. Now along with the hospital, it has been decided to open a medical college for MBBS studies.
Rs 1521.36 crore investment in Varanasi and surrounding districts According to the agreement signed with UPCIDA, an investment of Rs 1521.36 crore will be made in Varanasi, Ghazipur, Mirzapur, Jaunpur and Chandauli. An investment of one thousand crore rupees is to be made in Lucknow. Regional Manager Ashish Nath told that even though the investment is to be made in Lucknow, the agreement will be counted in the account of Varanasi. The investors are also from Varanasi.
Agreement with these companies
Company District Investment (in crore) Employment Product
M/s Indian Corporation Varanasi 1000 10,000 Logistics & Warehousing
M/s Indian Corporation Lucknow 1000 10,000 Logistics & Warehousing
M/s Apex Wellcare Trust Mirzapur 325 50 Hospital & Medical College
M/s AKT International Varanasi 40.22 65 Food Products
M/s AKT Private Limited Varanasi 40.22 65 Mineral Water & Energy Drink
M/s Dayal Group Of Companies Varanasi 25 200 Milk Processing And Animal Processing
Jai Bhavani Namkeen & Sweets Varanasi 6.25 10 Namkeen & Sweets
M/s Perfect Techbhano Consultant Varanasi 5 30 Rolling Stock
MRC Agrotech Ltd Varanasi 5 40 Noodles
M/s Ayoni Food Pvt Ltd Jaunpur 9.79 170 Instant Noodles, Masala & Chow Mein
M/s Enable Agro Products Ghazipur 11 10 Seed Processing Unit
M/s Articion Modules Chandauli 12.25 35 Modular Plant for Home Solution
Surya Polytube Industries Chandauli 3.32 12 PVC Gardening Pipe
Surbhi Foods Chandauli 3.85 11 Manufacturing Of Beverages
Gauri Udyog Chandauli 10 30 Aluminum Plant
Swadeshi Bio Fuels Chandauli 10 5 Bio Fuel
Sachi Medic Chandauli 8 50 Manufacturing And Repacking Medical Gloves
M/s Vijaya Industries Chandauli 6.46 10 Writing Board, Paper Stationery
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UPCIDA had got a target of getting an investment of Rs 2500 crore from Purvanchal. The target has been achieved in excess of the target. Agreement has been signed with 18 companies. Now the investors will participate in the Global Investors Summit (GIS) to be held in Lucknow from February 10 to 12. The company of Varanasi has decided to invest one thousand crore rupees in Lucknow. This project will also come into the account of UPCIDA Varanasi. The same company is also investing Rs 1,000 crore in Varanasi. Investment will increase employment directly and indirectly. – Ashish Nath, Regional Manager, UPCIDA
Expansion
18 companies of Purvanchal will invest Rs 2521.36 crore. For this, an agreement has been signed with the Uttar Pradesh State Industrial Development Authority (UPCIDA), Varanasi. Maximum investment will be in Varanasi, Lucknow, Mirzapur and Chandauli. This will provide employment to 20,793 youth of the state including Purvanchal.
Uttar Pradesh government is organizing International Investors Summit on 10, 11 and 12 February 2023 in Lucknow. Investors from Purvanchal will also participate in this. Kashi’s company M/s Indian Corporation has decided to invest Rs 2000 crore in Varanasi and Lucknow. According to the agreement signed with UPCIDA, the company will also provide employment to 20 thousand youths.
The land has been allotted to the company coming up with the Logistics and Warehousing Project. Apex Group of Varanasi has signed a major investment agreement in Mirzapur. The Ayurvedic college of this group is already running. Now along with the hospital, it has been decided to open a medical college for MBBS studies.
Rs 1521.36 crore investment in Varanasi and surrounding districts
According to the agreement signed with UPCIDA, an investment of Rs 1521.36 crore will be made in Varanasi, Ghazipur, Mirzapur, Jaunpur and Chandauli. An investment of one thousand crore rupees is to be made in Lucknow. Regional Manager Ashish Nath told that even though the investment is to be made in Lucknow, the agreement will be counted in the account of Varanasi. The investors are also from Varanasi.
Ritika
