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PM Modi launches 81 investment projects worth over Rs 60k crore for UP
Chief Minister Yogi Adityanath, who led the state in holding the successful investors summit earlier this year, said climate was very favourable for them to set up their projects in the state.
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Lucknow
Prime Minister Narendra Modi today launched 81 investment projects worth over Rs 60,000 crore for Uttar Pradesh at a mega ground-breaking event.
The projects are expected to give a big boost to industrialisation in the state. These projects have the potentials of creating over two lakh new jobs, UP Minister for Industries Satish Mahana said.
Around 80 leading industrialists, including Kumar Mangalam Birla, chairman of Aditya Birla group, Gautam Adani, chairman of Adani group, Subhash Chandra, chairman of Essel group and Sanjeev Puri, MD, ITC, besides top magnates of other major business houses participated in the event, which comes close on the heels of 'Investors Summit' in February this year.
Chief Minister Yogi Adityanath, who led the state in holding the successful investors summit earlier this year, said climate was very favourable for them to set up their projects in the state.
Union Home Minister Rajnath Singh, who represents the Lucknow seat in the Lok Sabha, assured on behalf of the Centre additional security for the ambitious projects in case of any requirement.
"I can give you this assurance as the country's home minister," he said.
PM lays foundation of Mobile Open Exchange Zone at WTC Noida
Prime Minister Narendra Modi today laid the foundation of India's first Mobile Open Exchange Zone (MOX) at World Trade Centre, Noida, at a ground breaking ceremony here which saw the launch of 81 investment projects worth over Rs 60,000 crore in Uttar Pradesh.
The Uttar Pradesh government had earlier this year signed an MoU with World Trade Center, Noida, to develop a 'tech zone' as a nucleus of the Mobile Open Exchange Zone (MOX).
The prime minister in his address said India was being recognised as a mobile phone manufacturing hub. The country had become the second largest mobile phone manufacturer in the world.
Earlier this month, Modi had inaugurated a 35-acre Samsung Electronics expanded facility in Noida, which is touted to be the world's largest mobile phone production unit in terms of a number of devices rolled out every month.
MoX@Techzone is a dedicated ecosystem for the mobile industry that will provide an integrated platform to manufacturers, research and other allied industries, the company said in a press release.
"We are delighted that the World Trade Center, Noida, will facilitate Mobile Open Exchange Zone (MOX). This unique zone will be monumental in attracting investment and the area will reap huge benefits from it," it quoted Advisor to World Trade Centre PK Alok as saying.
Alok said MoX will harness the potential of Greater Noida and will make it the preferred destination for electronics and mobile industry, the release added.
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