Advertisement
Pardaphash Ads
  1. Home
  2. Business
  3. Data center the first choice of foreign investors in UP, more than seventeen and a half thousand crores will be invested

Data center the first choice of foreign investors in UP, more than seventeen and a half thousand crores will be invested

MoUs worth 7 lakh 12 thousand crores have been signed with foreign investors in UP. Among these, the first choice of investors is the data center, in which maximum investment has been expressed.

By: Team Pardaphash  Pardaphash Group
Updated:
gnews
Data center the first choice of foreign investors in UP, more than seventeen and a half thousand crores will be invested

Global Investors Summit 2023: In the Investor Summit to be held in UP, out of 25 sectors, foreign guests have shown maximum interest for investment in top five sectors (Data Center, Logistics Park, Renewable Energy, Apparel and Textile and Film City). The first choice of foreign guests in these sectors is to make the state a data center hub, in which they have expressed their desire to invest more than seventeen thousand crores.

The first choice of foreign investors in these sectors is to make the state a data center hub, for which they have expressed their desire to invest more than Rs 17,000 crores. Meanwhile, the second priority is the logistics park, where investment of over Rs 16.5k crores has been attained.

Impressed by the policies of the Yogi government, the first data centre is ready in Greater Noida of the state. During the road shows in Singapore and Australia, Global State Capital Pvt Ltd expressed the desire to invest Rs 8260 crore to build a data centre in the state and Star Consortium Pvt Ltd. finalized the MoU with the state government related to the investment of Rs 1000 crore.

Foreign investors have placed the logistics park as the second priority out of the 25 sectors. In this, MoUs related to investment of Rs 16,810 crore have been signed. During the tour of Canada and USA, an investment of over Rs 8,200 crore was attained.

For the latest news and reviews, follow us on Google, Facebook, YouTube and X (Twitter)