Uttar Pradesh emerges as top destination for investment, 1.35 lakh jobs to be created

The Uttar Pradesh government has been working sincerely in creating jobs in the state by easing the investment process for big companies.

According to the state government, over 1.35 lakh jobs are likely to be created through investments by companies in infrastructure and industrial development projects.

Ten countries including the United States, the United Kingdom, Japan, Canada, Germany and South Korea have shown interest in investing in Uttar Pradesh, said the Infrastructure & Industrial Development Commissioner (IIDC), Alok Tandon. An investment of Rs 45,000 crore is likely to be made by these companies which will also generate around 1,35,362 jobs in Uttar Pradesh.

In order to facilitate the investment process, the UP government has already allotted 426-acre land for several projects. 

Tandon further said that the entrepreneurs are being provided 166 services through 'Nivesh Mitra' portal, which is a single-window system of the Uttar Pradesh government. 

"In 6 months, 326 plots have been allotted for investment projects worth Rs 6,700 crore. This has attracted investors from all over the world to UP," said Tandon.

Here is a list of some of the companies ready to invest in Uttar Pradesh

1. Hiranandani Group will invest Rs 750 crore in building a data centre in Greater Noida.

2. Britannia Industries will invest Rs 300 crore to develop an integrated food processing unit.

3. Associated British Food Plc (AB Mauri) will invest Rs 750 crore in yeast manufacturing.

4. Investment of Rs 200 crore from the Dixon Technologies in consumer electronics.

5. PepsiCo's investment of Rs 814 crore in Uttar Pradesh.

6. Von Wellx (Germany) investment of Rs 300 crore in the footwear manufacturing.

7. Surya Global Flexi Films Private Limited's has also invested.