At least 29 companies to launch Rs 500 cr investment projects in UP

31 May 2022 CW Team

At least 29 companies would be launching investment projects worth Rs 500 crore or more each during the third groundbreaking ceremony slated to take place on June 3 in Uttar Pradesh.

The list of investors comprises Hiranandani Group, Berger Paints, SLMG Beverages Private Limited, STT Global Data Centre India Private Limited, Dalmia Cement, and ACC Cement, among others.

Among these big investors, Hiranandani Group would be infusing Rs 9134 crore in a data centre at Noida, while Sify Technologies data centre is coming up with a Rs 2692 crore investment also at Noida.

In all, the third groundbreaking ceremony will see the launch of 1406 projects of 1,318 firms worth over 80,000 crores which is more than the target of Rs 75,000 crore set to celebrate the 75th year of Independence, UP industries minister Nand Gopal Gupta Nandi told the media.

On the occasion, PM Narendra Modi would be the chief guest.

Nandi convened a follow-up meeting of senior UP officials to fine-tune the preparations for the ground-breaking ceremony on Saturday.

According to the official sources, the state industries and infrastructure development department have grouped the investment projects into five classifications, the last cut-off being Rs 3 crore. As many as 642 companies are developing their projects worth Rs 1,018 crore in this category.

As many as 109 companies are infusing between Rs 100 and 500 crores. The total investment in this category is Rs 24,337 crore.

The third category includes 292 companies that have committed projects with a value varying between Rs 10 crore and Rs 100 crore. The total value of these committed projects is Rs 9,610 crore. Likewise, projects worth less than Rs 10 crore and over Rs 3 crore form the fourth category. In this group, 334 firms are investing Rs 1747 crore.

Nandi said that the whole ceremony would be webcast across 75 districts and directed officials to make sufficient arrangements for the same.

Image Source

Also read: Andhra Pradesh clears investment proposals worth Rs 16k cr

At least 29 companies would be launching investment projects worth Rs 500 crore or more each during the third groundbreaking ceremony slated to take place on June 3 in Uttar Pradesh. The list of investors comprises Hiranandani Group, Berger Paints, SLMG Beverages Private Limited, STT Global Data Centre India Private Limited, Dalmia Cement, and ACC Cement, among others. Among these big investors, Hiranandani Group would be infusing Rs 9134 crore in a data centre at Noida, while Sify Technologies data centre is coming up with a Rs 2692 crore investment also at Noida. In all, the third groundbreaking ceremony will see the launch of 1406 projects of 1,318 firms worth over 80,000 crores which is more than the target of Rs 75,000 crore set to celebrate the 75th year of Independence, UP industries minister Nand Gopal Gupta Nandi told the media. On the occasion, PM Narendra Modi would be the chief guest. Nandi convened a follow-up meeting of senior UP officials to fine-tune the preparations for the ground-breaking ceremony on Saturday. According to the official sources, the state industries and infrastructure development department have grouped the investment projects into five classifications, the last cut-off being Rs 3 crore. As many as 642 companies are developing their projects worth Rs 1,018 crore in this category. As many as 109 companies are infusing between Rs 100 and 500 crores. The total investment in this category is Rs 24,337 crore. The third category includes 292 companies that have committed projects with a value varying between Rs 10 crore and Rs 100 crore. The total value of these committed projects is Rs 9,610 crore. Likewise, projects worth less than Rs 10 crore and over Rs 3 crore form the fourth category. In this group, 334 firms are investing Rs 1747 crore. Nandi said that the whole ceremony would be webcast across 75 districts and directed officials to make sufficient arrangements for the same. Image Source Also read: Andhra Pradesh clears investment proposals worth Rs 16k cr

Infrastructure Transport

17 Sep 2025

Gurgaon-Pataudi-Rewari Highway Set for Completion by December 2025

The National Highways Authority of India (NHAI) has set a new target to complete the four-lane Gurgaon-Pataudi-Rewari highway by December 2025, following a two-year delay.Originally planned in 2018 to upgrade the two-lane state highway into a national highway, the project is estimated to cost Rs 9 billion. Construction, which began in 2021, was initially scheduled for completion in November 2023. According to NHAI, around 70 per cent of the work is already complete, with two major structures still pending: a railway overbridge at Pahari village and a two-lane unidirectional flyover on Dwarka E..

Infrastructure Transport

17 Sep 2025

UP Plans Rs 900 Million Extensions to Hindon Elevated Road

The Uttar Pradesh state bridge corporation has prepared the detailed project report and cost estimates for two proposed extensions of the 10.3-km Hindon elevated road, officials said on Thursday. The road connects Raj Nagar Extension to UP-Gate near the east Delhi border, and the project is expected to cost around Rs 900 million.The two extensions, each 400 metres long, will be added to the existing elevated road to ensure smoother traffic flow. “One of the extensions will be from near the Kanawani culvert (near Indirapuram) to the elevated road for commuters heading towards Delhi. The other..

Infrastructure Urban

17 Sep 2025

Goa Likely to Miss October Deadline for Maritime Master Plan

Goa is expected to miss the October 31 deadline for submitting its maritime and waterways master plan, which covers the state’s 105 km coastline and river network. The delay is due to the project management consultant not yet being appointed. The plan is now anticipated to be completed by December, Captain of Ports Octavio Rodrigues stated at the India Maritime Week 2025 roadshow.“We have already selected the consultant and will bring them on board within a week. Only then can we begin drafting the master plan, which is essential to secure central government funding,” Rodrigues added.A c..