Will carry out reforms for development of U.P.: Modi  

Adani to invest ₹70,000 crore in the State which will create 30,000 jobs

Prime Minister Narendra Modi on Friday assured top industrialists of the country that he was willing to carry out the necessary reforms in any sector for the sake of development of Uttar Pradesh and an “ atmanirbhar Bharat.”

Industrialist Gautam Adani said he was investing ₹70,000 crore in Uttar Pradesh and this would create 30,000 jobs in the State. 

The Adani Group and the Uttar Pradesh government signed a Memorandum of Understanding (MoU) to build south Asia’s largest integrated ammunition manufacturing complex in the Kanpur section of the Uttar Pradesh Defence Industrial Corridor, the State government said. Adani Defence and Aerospace would spend ₹1,500 crore on the 250-acre complex.

Mr. Modi, addressing an investors summit in the Uttar Pradesh capital, said he believed that the State would provide the “momentum” to India’s “growth story” in the 21st century.

“Just look at these 10 years, Uttar Pradesh is going to be a major driving force of India,” said the Prime Minister at an event where he laid the foundation stone of 1,406 projects worth over ₹80,000 crore.

With top industrialists such as Gautam Adani and Kumar Mangalam Birla, bureaucrats and members of the State government including Chief Minister Yogi Adityanath in attendance, Mr. Modi addressed the third ground breaking ceremony of the Uttar Pradesh Investors Summit.

The huge investments show the rising trust in Uttar Pradesh’s growth story, the Prime Minister said in Lucknow.