UP CM Sign MoUs:
Presently Chief Minister, Akhilesh Yadav is in news for the reason that UP CM Sign MoUs Worth Rs 5000 Crore Investment in IT/Electronics Sector. This has created innumerable questions in the minds of people to know the reason behind such a huge investment by the Chief Minister suddenly.
Dear readers, you get your all answers through the information provided in the below section. The main reason behind the investment decision is ‘Make in India’ plan of Chief Minister through this initiative with the involvement of IT sector companies.
It is supposed by State Officials that with this investment it is possible to enhance employment in state with great opportunities. So, the major problem in state can be eliminated with this major cause as the effective step taken by CM of UP.
Investment in IT/Electronics Sector:
The Akhilesh Yadav made Uttar Pradesh government inscribed memorandums of understanding (MoUs) to accomplish the investment worth Rs 5,000 crores through a number of IT and electronics companies on the event organized in Delhi on Tuesday.
Besides Akhilesh Yadav, Joon-gyu Lee (ambassador), RS Sharma (Diet secretary), division of telecommunication, Indian Government, Rita Teaotia (special secretary), Alok Ranjan, chief secretary of state including Industrial representatives has attended the event.
Involvement of Industrial bodies:
Industry bodies involved in the signing of MOUs with the state government in the existence of CM Akhilesh Yadav and state and central officials include Indian Cellular Association, Electronics Industry Association of India and India Electronics and Semi Conductor Association and some mobile phone companies.
Key Speakers at event:
The key speakers during the occasion involve Dilip Modi (Chairman of Spice Group), Hariom Rai (Chief Managing Director of Lava International) together with Hyun Chil Hong (President and CEO of Samsung). The event was also accompanied by a round table conference of Officials in administration and the CEOs of the concerned companies.
Purpose of Investment:
The planned investment of worth Rs 5000 crores through MoUs would create opportunities for around 50,000 jobs in UP supposed by Jiwesh Nandan who is principal secretary of IT and Electronics under state government. The production units that are involved in MoUs would be initiated in Noida and Greater Noida regions.
Development of IT Sector:
We are making efforts to put a 360 degree thrust to widen the IT sector of the state,” said by CM Yadav during event opening ceremony. The Chief Minister will also set the establishment of Samsung developing facility in the region of Noida during the event.
All the above highlights of the event are indicative of state development and ultimately development of the nation. The approach is positive and hopefully should be accomplished with the expected outcome and objectives for the wealth and welfare of the state.