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Renewable energy sector bagged maximum investments at UP Global Investors Summit

Updated: Feb 14, 2023 03:44:14pm
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Renewable energy sector bagged maximum investments at UP Global Investors Summit

Lucknow, Feb 14 (KNN) The UP Global Investors Summit that concluded on Sunday garnered a total of Rs 33.50 lakh crore through 19,058 MoUs.

As per reports, Renewable energy, electronics manufacturing and industrial parks have attracted the highest investment proposals in terms of value of the investments.

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The renewable energy sector attracted Rs 4.47 lakh crore worth of investment making for 15.4 per cent of the total investment proposals received, followed by electronics manufacturing at Rs 3.58 lakh crore and industrial parks at Rs 3.28 lakh.

Manufacturing as a whole fetched the highest number of proposals at 7,711 promising to bring Rs 1.97 lakh crore worth of investments.

Chief Minister Yogi Adityanath pointed out that the signed agreements will help generate over 93 lakh jobs in the state.

Region wise, west UP continued to be the major puller of investment with 45 per cent of the total investment coming into the region, followed by eastern UP at 29 per cent and central UP and Bundelkhand at 13 per cent each. District wise, Noida attracted the highest percentage of investment at 27 per cent followed by Agra at 7.5 per cent and Lucknow at 6.79 per cent.  (KNN Bureau)

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