Latest news with #VijayKiranAnand
Time of India
14 hours ago
- Business
- Time of India
Invest UP gathers industry feedback
Lucknow: To gather feedback on key state govt policies and incentives designed to promote industrial growth, Invest UP, the state's investment promotion agency, convened a stakeholder consultation meeting with key functionaries from leading industry associations here on Tuesday. An official spokesperson said that the primary focus was to discuss and seek recommendations on more than 33 sector-specific policies, with a special emphasis on foreign direct investment (FDI), the Uttar Pradesh Industrial Investment and Employment Promotion Policy 2022 (IIEPP) and the Uttar Pradesh Bio-Plastic Industry Policy 2024. Industry representatives shared valuable suggestions to address policy gaps, improve investor facilitation in approvals and incentives and strengthen strategies for boosting industrial growth while simplifying compliance. Discussions covered a wide range of topics — from land allotment and availability to proposals for greater inclusion of MSMEs in various incentive schemes. Investor grievance redressal also emerged as a key discussion point. Invest UP informed participants that these mechanisms, including those related to investor issues, clearances and approvals, will be further strengthened in the upcoming Nivesh Mitra 3.0. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo The upgraded platform will significantly improve the investor journey by reducing document requirements by 50%. Invest UP assured participants that their feedback will be escalated to the relevant authorities for resolution. The meeting was led by CEO Invest UP Vijay Kiran Anand and attended by Confederation of Indian Industry (CII), Federation of Indian Chambers of Commerce and Industry (FICCI), ASSOCHAM, Indian Industries Association (IIA), Indo-American Chamber of Commerce (IACC), Laghu Udyog Bharati, besides others. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Happy Independence Day wishes , messages , and quotes !
United News of India
22-07-2025
- Business
- United News of India
UP to host post-Diwali GBC to attract Rs 5 lakh crore in investments
North Lucknow, July 22 (UNI) The Uttar Pradesh government is gearing up for a grand Ground Breaking Ceremony (GBC) after Diwali, with a target investment of Rs 5 lakh crore that could potentially reach Rs 10 lakh crore. UP Industrial Development Minister Nand Gopal Gupta Nandi made the announcement of government planning to host a GBC and said, "We are prepared for the GBC to the tune of over Rs 5 lakh crore," with the possibility of exceeding this target by the time the event takes place. To ensure the GBC's success, the government plans to conduct international road shows in countries like China, Singapore, South Korea, UAE, Qatar, and Canada. The minister emphasized the goal of making the state a Rs 1 trillion economy and providing all possible assistance to entrepreneurs. According to officials, the GBC includes 16,478 projects worth Rs 12.10 lakh crore. Around 8,363 projects worth Rs 4.33 lakh crore have already started commercial production, while 8,115 projects worth Rs 7.76 lakh crore are under implementation. Invest UP CEO Vijay Kiran Anand said that 62 companies have been given Letters of Comfort (LOCs) where investments worth Rs 2 lakh crore would be made. "We have set a target to issue LOCs to 10 companies every month," he added. He also mentioned that the UP government is targeting companies that are shifting their industrial units from China." UNI MBD AAB
India.com
28-05-2025
- 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.
