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GBC@IV is a medium to accelerate industrial development: Yogi Adityanath

In this all important meeting convened with Additional Chief Secretaries of various departments, principal secretaries, and CEOs of development authorities, the chief minister scrutinised department-wise and district-wise investment proposals and gave necessary guidelines for the successful organization of GBC@IV.

GBC@IV is a medium to accelerate industrial development: Yogi Adityanath

Uttar Pradesh, CM, Yogi Adityanath (Photo:SNS)

Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday reviewed the preparations for the upcoming ‘Groundbreaking Ceremony@IV’ (GBC@IV) scheduled for February 19–21.

In this all important meeting convened with Additional Chief Secretaries of various departments, principal secretaries, and CEOs of development authorities, the chief minister scrutinised department-wise and district-wise investment proposals and gave necessary guidelines for the successful organization of GBC@IV.

He said Industrial investment proposals of Rs 39.52 lakh crore were received through the three-day Global Investors Summit (GIS) on February 10- 12 , 2023, which was preceded by holding of Investors Conference in all 75 districts of the state and road shows in 21 cities of 16 countries across the world and 10 cities within the country.

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UP is fully prepared to execute these proposals, which are anticipated to generate 1.10 crore jobs/employment opportunities for the youth of the state, he claimed.

“In the three-day groundbreaking ceremony is going to be organised at Indira Gandhi Pratishthan, Lucknow, from February 19-21, on the first day, February 19, the prime minister will inaugurate the commencement of investment proposals valued at over Rs 10 lakh crore. Many distinguished industry leaders, CEOs, investors, and others will be present on this occasion,” Yogi Adityanath said.

The UP Global Investors Summit (GIS) last year saw enthusiastic participation of 10 country partners, more than 1000 foreign representatives from 40 countries, 4 ministers of partner countries, 17 Union ministers, ambassadors/high commissioners, and more than 25000 delegates, including national and international investors and other dignitaries.

This event is going to prove an important milestone towards fulfilling the aspirations and expectations of the youth as well as elevating Uttar Pradesh to a $1 trillion economy, CM stressed.

Under the GBC@IV, there are a total of 262 projects exceeding Rs 500 crore, while 889 industrial projects ranging from Rs 100 to Rs 500 crore will be implemented. It is also noteworthy that all 75 districts will benefit from this. More than 3,500 investors are expected to attend this program.

The special event will see the participation of several Union Ministers, ambassadors, and public representatives. It is imperative to strictly adhere to security and hospitality protocols for VIPs.

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