Uttar Pradesh gets investment proposals worth Rs 8,900 crore

LUCKNOW: Uttar Pradesh has received nine investment proposals worth Rs 8,900 crore from companies, including Reliance Cement and Samsung, and the Cabinet will take a call on providing incentives to them, state chief secretary Alok Ranjan said today.

“Nine proposals for mega projects having an investment Rs 8900 crores have been received from leading industrial houses like Reliance Cement, Shree Cement, Samsung, Paswara Papers, IFFCO, KK Milk and Gallant Ispat,” Ranjan told reporters .

These proposals would now be put before the Cabinet for providing them incentive packages, he added.

Claiming that an atmosphere conducive to industrialization is being created in the state with single window system being put into place for providing mainly 18 clearances online, Ranjan said that during the present government till September 2014, 96,041 units specially in the medium and small sector have been set up at an investment of Rs 14,602 crore.

Column by ET