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Uttar Pradesh gears up for GBC-5 in Nov

Uttar Pradesh gears up for GBC-5 in Nov

Time of India5 days ago
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Lucknow: Over 16,000 investment projects have taken shape during Chief Minister Yogi Adityanath's tenure, with more than 8,000 already beginning commercial operations and the remaining in various stages of execution.
Building on this momentum, preparations are in full swing for the fifth Groundbreaking Ceremony (GBC) to be held in Nov, said an official statement on Tuesday.
Uttar Pradesh has hosted two Investors' Summits to date. The first, held in 2018, attracted investment proposals worth Rs 4.28 lakh crore, while the second, in 2023, set a record with proposals totaling Rs 33.50 lakh crore.
To ensure the efficient implementation of these proposals, the govt has been conducting Groundbreaking Ceremonies (GBCs) as a key mechanism for fast-tracking projects.
"Four GBCs have already been successfully held, bringing large-scale investments to fruition and reshaping the state's industrial landscape. Sector-wise, manufacturing dominates with 62.25% of the projects, followed by the services sector at 28.09%, with the remainder in infrastructure and other sectors," officials said.
"The GBC-5, scheduled for Nov 2025, is set to be another major milestone in turning investment proposals into reality.
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In the first phase alone, the govt aims to roll out projects worth Rs 5 lakh crore, with the total likely to reach Rs 10 lakh crore by the time of the event," they added.
They said that GBC-5 is expected to further strengthen Uttar Pradesh's position as a key industrial and economic powerhouse in the vision of an 'Atmanirbhar Bharat'. The projects are set to generate millions of new jobs, boost local enterprises, and drive overall socio-economic growth across the state.
Officials also said that Uttar Pradesh has built a strong, transparent, and reliable model for attracting investments. "With single-window clearances, easy access to industrial land, improved law and order, excellent connectivity, and skilled manpower, the state has emerged as a preferred destination for both domestic and global investors," they said.
The state's industrial expansion is visible across several districts, where major investment projects have either been completed or are in the final stages of execution.
These projects are driving job creation and strengthening the state's economic base. Some of the key operational and near-completion projects include: Air Liquide North India, V35 Foods in Mathura, Hindustan Petroleum Corporation Ltd in Badaun, Moon Beverages in Hapur, Inox Air Products in Rae Bareli, Agricity Masa Pvt.
Ltd in Amroha, Web Werks India, Lava International in Gautam Budh Nagar, Artex Mills in Bulandshahr, Rimjhim Ispat in Hamirpur, Green Gas Ltd in Muzaffarnagar, JK Cement in Aligarh, PTC Industries, Phoenix Mall in Lucknow, Adani Enterprises in Noida, ACC Cement in Sultanpur, SLMG Beverages in Bijnor, and Sparsh Industries in Kanpur.
Several leading domestic and global companies have translated their investment commitments into reality in Uttar Pradesh through the Investors' Summits and Groundbreaking Ceremonies.
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