...
...
Next Story

UP received investments worth Rs 9,608 crore in 2012-13

Uttar Pradesh attracted Rs 9,608 crore as investment in its industrial sector in the past financial year 2012-13, officials said Saturday.

Updated on: Oct 26, 2013, 11:03:11 IST
Advertisement

Uttar Pradesh attracted Rs 9,608 crore as investment in its industrial sector in the past financial year 2012-13, officials said Saturday.

HT Image
HT Image

Alok Ranjan, the infrastructure and industrial development commissioner (IIDC), attributed the inflow of investment to the state's Infrastructure and Industrial Investment Policy 2012 and the "proactive approach of the state government".

He said: "UP was ushering in the much desired transformation in industrial scenario."

He pointed out that from April 2012 to August 2013, Uttar Pradesh received over 200 investment proposals in industrial sector, out of which 35 projects with investment of Rs.1,519 crore were implemented, while 21 industrial projects worth investment of Rs.8,089 crore are under the process of implementation.

Ranjan added that "Industrial growth was imperative for inclusive socio-economic development of the state and hence the UP government was taking many steps to create industry-friendly environment along with simplification of investment procedures".

Directing officials to nominate anodal officers' to hand-hold the investors and entrepreneurs, the IIDC said the state's administrative machinery would aid business entrepreneurs in all possible manner in establishing their industrial units.

 
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe