Top leaders of India Inc will be present in Lucknow for the groundbreaking ceremony on June 3. Kumar Mangalam Birla, Gautam Adani, Sanjiv Goenka, Sajjan Jindal, and Sudhir Mehta have confirmed their presence at the proposed event.
Gearing up to make Uttar Pradesh a hub of industrialisation, the state government is expecting investment proposals worth more than Rs 75,000 crore to be translated on the ground. It will be the third groundbreaking ceremony under the Yogi Adityanath government in the last five years.
The biggest corporates who are going to attend the event include Kumar Mangalam Birla, chairman of the Indian multinational Aditya Birla Group which operates in 36 countries across six continents. Gautam Adani, who will also be present, is the chairman and founder of the Adani Group along with Sanjiv Goenka, founder and chairman of RPSG Group; Sajjan Jindal, chairman and managing director of JSW Group of companies; and Sudhir Uttamlal Mehta, who operates Torrent Group comprising Torrent Pharma, Torrent Power, and Torrent Gas.
Natarajan Chandrasekaran, chairman of the Board of Tata Sons and chairperson of the Vedanta group will also be participating in the ceremony. The third groundbreaking ceremony to be held at Indira Gandhi Pratishthan will be inaugurated by Prime Minister Narendra Modi.
Among the prominent projects to take off in the ceremony are Rs 4,900-crore and Rs 9,100-crore data centres of Adani and Hiranandani groups respectively, along with Rs 2,100-crore software development centres of Microsoft.
Besides, the work on a cement manufacturing plant of Rs 600 crore by Dalmia Group in Mirzapur and the detergent plant of Hindustan Unilever Limited will also begin.
According to officials of the Industrial Development department of UP, of the projects beginning in the ceremony, Rs 21,000 crore investment is in the information technology (IT) and electronic sector only. Besides, many other projects of micro, small and medium enterprises (MSME), textile, tourism, energy, food processing and pharma will also begin.