LUCKNOW: Nearly 10% of the total investments making way to the state through the third groundbreaking ceremony – scheduled to be held in Lucknow on June 3 – will be from foreign companies, according to an assessment of data provided by the state industries and infrastructure development department shared here on Monday.
“Projects worth at least Rs 7,500 crore being started in the state are from foreign firms. This is 9.5% or nearly 10% of the total investments expected during the third groundbreaking ceremony,” UP cabinet minister for investment and industrial development Nand Gopal Gupta ‘Nandi’ said, adding the day is not far when UP will be the favourite investment destination for the foreign companies.
