Latest news with #VijayKiranAnand
India.com
6 days ago
- Business
- India.com
This Indian company plans Rs 28,440 crore semiconductor project in Noida, not Mukesh Ambani's Reliance, Ratan Tata's TCS, Narayana Murthy's Infosys, Wipro, the name is….
This Indian company is launching a Rs 28,440 crore semiconductor project in Noida, and it's not Mukesh Ambani's Reliance, Ratan Tata's TCS, Narayana Murthy's Infosys, or Wipro. The name is… The Hiranandani Group, a vanguard in the realm of real estate, has announced a Rs 28,440 crore semiconductor project in Noida, as part of a larger Rs 69,000 crore investment commitment revealed during the Invest UP roundtable. Mumbai's Jio World Convention Centre hosted the Invest UP roundtable on May 27. According to the MoneyControl report, Sindoor Mittal, Vice Chairman of Avaada Group, announced a Rs 20,000 crore investment in the solar energy sector. Meanwhile, UltraTech Cement's Managing Director, KC Jhanwar, committed Rs 1,981 crore for projects across Aligarh, Shahjahanpur, and Tanda. The meeting was chaired by Chief Secretary Manoj Kumar Singh, with CEO of Invest UP Vijay Kiran Anand moderating the session. The event saw participation from several prominent industry leaders. Invest UP, the state government's newly established investment promotion and facilitation agency, shared photos of the roundtable meeting on X (previously Twitter). Today, a high-impact Investor Roundtable was organised at the prestigious JIO World Convention Center, Mumbai. The session was chaired by Shri Manoj Kumar Singh, Chief Secretary, Government of Uttar Pradesh, and moderated by Shri Vijay Kiran Anand, CEO, Invest UP. The event… — INVEST UP (@_InvestUP) May 27, 2025 Sharing a post on X(formerly Twitter), Invest UP wrote, 'Today, a high-impact Investor Roundtable was organised at the prestigious JIO World Convention Center, Mumbai. The session was chaired by Shri Manoj Kumar Singh, Chief Secretary, Government of Uttar Pradesh, and moderated by Shri Vijay Kiran Anand, CEO, Invest UP. The event witnessed enthusiastic participation from industry leaders who appreciated Uttar Pradesh's investor-friendly environment, progressive policies, and efficient single-window clearances. From data centers and cement plants to renewable energy and semiconductors, companies shared success stories and outlined major future investments in the state. The discussions reflected growing industry confidence and reinforced UP's position as a leading destination for business and growth.' According to the official website of Invest UP, Invest UP is an investment promotion and facilitation agency powered by the state government of UP. Participate and invest in your desired sectors. With more than 20 sectoral policies along with skilled workers, you will get an opportunity to Establish your business in UP. Sanjay Banga, CEO of Tata Power Renewable Energy, announced plans to establish two 800 MW ultra-supercritical power units in Bundelkhand, with a total investment of Rs 13,700 crore.
Indian Express
27-05-2025
- Business
- Indian Express
At Invest UP's Mumbai meet, industries announce investments worth crores
Invest UP on Tuesday organised a investor roundtable in Mumbai in which several prominent industrial groups announced investment proposals worth thousand of crores, the state government said. The event at the Jio World Convention Centre was attended by leading industrialists of the country, it added. The meeting was chaired by UP Chief Secretary Manoj Kumar Singh and conducted by Invest UP Chief Executive Officer (CEO) Vijay Kiran Anand. At the event, Balrampur Chini Mills signed a memorandum of understanding (MoU) with the state to set up a 250 TPD polylactic acid plant in Lakhimpur Kheri district. The agreement marks a investment of Rs 2,850 crore and is expected to generate 225 new employment opportunities in the state, the government said. The project is set to commence operations this month, it was stated. Balrampur Chini Mills chairman and managing director Vivek Saraogi expressed confidence in collaboration with the state government, saying, 'We aim to drive innovation in bioplastics and contribute to a greener future.' Also, Hiranandani Group chairman Niranjan Hiranandani said Yotta Data Services has established a 30 MW data centre in just 18 months, and this capacity will now be doubled. He also announced a semiconductor chip manufacturing project worth Rs 28,440 crore in Noida. Sindoor Mittal, vice president of Avaada Group, attributed the start of 1.5 GW solar module unit in 4 months to the government. He also announced an additional investment of Rs 20,000 crore. UltraTech Cement MD KC Jhawar, who shared expansion plans for Aligarh, Shahjahanpur, and Tanda, with an investment of Rs 1,981 crore, appreciated the state government's integrated approval process. Tata Power Renewable Energy Limited CEO Sanjay Banga spoke about renewable energy projects in Bundelkhand and plans to set up two 800 MW ultra-supercritical power units with an investment of ?13,700 crore. Rajiv Ranjan Singh of EN Communication proposed to build the Mahabharata Museum in the Yamuna Expressway area at a cost of Rs 1,500 crore.
Time of India
27-05-2025
- Business
- Time of India
Balrampur Chini Mills to set up plant in Kheri
Lucknow: The Balrampur Chini Mills Limited signed an MOU with the UP govt during the Invest UP round table conference in Mumbai on Tuesday. The company pledged to establish a 250 TPD polylactic acid (PLA) plant at Kumbhi Chini Mills in Lakhimpur Kheri. "The agreement marks a significant investment of Rs 2,850 crore and is expected to generate 225 new employment opportunities in the state," an official spokesperson said. The MoU was exchanged between Vijay Kiran Anand, CEO of Invest UP and Avantika Saroagi, executive director of Balrampur Chini Mills Limited, in the presence of chief secretary Manoj Kumar Singh and Vivek Saroagi, chairman of Balrampur Chini Mills. The CS said: "UP continues to lead the way in sustainable industrial growth. This landmark investment by Balrampur Chini Mills not only strengthens our commitment to green technology but also reinforces our position as India's preferred investment destination." Saraogi said, "We aim to drive innovation in bioplastics and contribute to a greener future." Anand said project aligns with the state's vision to position UP as a preferred investment destination and achieve $ 1 trillion economy through sustainable industrial development.
Time of India
27-05-2025
- Business
- Time of India
Biz honchos ready to invest more in UP
Lucknow: UP govt's investment promotion and facilitation agency, Invest UP hosted a high-level 'Investor Roundtable' at Mumbai's Jio World Convention Centre on Tuesday. Chaired by chief secretary Manoj Kumar Singh and moderated by CEO of Invest UP, Vijay Kiran Anand, the event saw business leaders praising UP's policies, seamless facilitation and investor-friendly environment. Industry pioneers reaffirmed their confidence in UP's business ecosystem, announcing investment commitments across key sectors. Addressing the meet, chairman of Hiranandani Group, Niranjan Hiranandani said: "The govt of UP and its agency, Invest UP, catalysed the successful establishment of Yotta Data Services (UP's first 30 MW data centre) in just 18 months amid the pandemic. We are now looking to double its capacity with an additional 30 MW. " He also unveiled a Rs 28,440 crore chip manufacturing project under Tarq Semiconductors in Noida, recently approved by the state cabinet. Vice-chairperson of Avaada Group, Sindoor Mittal highlighted the commissioning of a 1.5 GW solar module manufacturing unit within four months, attributing the achievement to swift govt approvals. "Avaada is committed to UP's renewable energy sector and will invest an additional Rs 20,000 crore," she said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like SNS에서 화제인 그 팔찌, 예쁜데 의미까지... 굿네이버스 더 알아보기 Undo Managing director of UltraTech Cement Ltd, KC Jhanwar shared that the company expanded to seven locations, including Aligarh, Bara, Dalla, Dadri, Tanda, Sikandrabad and Lucknow. "The state leadership must be lauded for streamlining unified clearances. We are now ready to expand in Aligarh, Shahjahanpur and Tanda with a Rs 1,981 crore investment," he said. CEO and MD of Tata Power Renewable Energy Ltd, Sanjay Banga outlined the group's vision for developing large-scale renewable energy projects in Bundelkhand and other areas. He announced plans to introduce two 800 MW ultra-supercritical power units with a combined investment of Rs 13,700 crore. Chief finance officer of Balrampur Chini Mills, Pramod Patwari, and chairman of UP development forum, Pankaj Jaiswal, commended the govt's unwavering support and shared the company's intent to explore innovative ventures. Earlier, the chief secretary said: "UP's commitment to fostering an investor-friendly environment defined by speed, transparency and integrity under the leadership of CM Yogi Adityanath has made UP India's most attractive investment destination."
Time of India
27-05-2025
- Business
- Time of India
Balrampur Chini Mills signs MoU with UP govt for polylactic acid plant with Rs 2,850-crore investment
Balrampur Chini Mills Ltd on Tuesday said it has signed an initial agreement with the Uttar Pradesh government to establish a 250 TPD polylactic acid (PLA) plant at Kumbhi Chini Mills in Lakhimpur Kheri. Balrampur Chini Mills has signed a Memorandum of Understanding (MoU) with the UP government to this effect, a company release said. The agreement marks an investment of Rs 2,850 crore and is expected to generate 225 new employment opportunities in the state. The project is set to commence operations this month. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Duong 9b: Unsold Furniture Liquidation 2024 (Prices May Surprise You) Unsold Furniture | Search Ads Learn More Undo "Uttar Pradesh continues to lead the way in sustainable industrial growth . This landmark investment by Balrampur Chini Mills not only strengthens our commitment to green technology but also reinforces our position as India's preferred investment destination," Chief Secretary Singh said. The MoU was signed in Mumbai on Tuesday, between CEO, Invest UP Anand Vijay Kiran Anand, Balrampur Chini Mills Ltd Executive Director Avantika Saraogi in the presence of state Chief Secretary Manoj Kumar Singh. Live Events Vivek Saraogi, Chairman and Managing Director of Balrampur Chini Mills Ltd, expressed confidence in the collaborative efforts with the state government, stating, "We aim to drive innovation in bioplastics and contribute to a greener future." Vijay Kiran Anand emphasized that this project aligns with Chief Minister Yogi Adityanath's vision to position Uttar Pradesh as a preferred investment destination and achieve a one-trillion-dollar economy through sustainable industrial development.
