'Sector-specific desks by Invest UP giving boost to investment'
Lucknow, Oct. 24 -- Special sector-specific desks set up by Invest UP are proving to be a game-changer in streamlining procedures, attracting investors and enhancing the state's industrial image on both national and global fronts, said Invest UP in a press release issued on Thursday.
These special desks have mobilised investments worth crores across key areas including textiles, automobiles, chemicals, electronics and global capability centres. Many proposals are now moving from approval to implementation stages, Invest UP added.
According to the officials, major companies such as Grasim, Trident, Reliance, GESL, and Shyam Sons are bringing projects to UP in collaboration with industry bodies like
Indian Technical Textile Association (ITTA), AEPC, Confederation of Indian Industries (CII), CITI and NITRA.
In the automobile industry, giants like Ashok Leyland, Minda, and Tata Motors (expansion project) are ready to invest with the support of the Society of Indian Automobile Manufacturers (SIAM), ACMA, SMEV and ARAI.
With collaboration with the Indian Chemical Council (ICC), ISCM Association, and CHEMEXCIL, companies like Reliance Industries and Deepak Nitrite are working on major investment plans in the state.
In the electronic sector, projects from companies such as Dixon, Amber, HCL-Foxconn, Haier, and LG are in the pipeline, positioning the state to become India's next tech manufacturing hub.
Along with these, with the support of NASSCOM, global companies like Adobe, AMD, and JP Morgan are moving toward establishing their Global Capability Centres (GCCs) in the state....
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