Invest: Investment of 50 thousand crores in the manufacturing sector in the year 2024-25

Lucknow, April 9 (IANS). The manufacturing sector makes a significant contribution in the mission to make Uttar Pradesh an economy of one trillion dollar. In the review meeting of Invest UP 2.0, the official concerned said that the manufacturing sector contributed Rs 2.81 Lakh Crore in the year 2024-25, which is about 77 percent of the target contribution of 2024-25. Under the guidance of CM Yogi, many new manufacturing units have been erected in the investment -friendly environment created for the state manufacturing sector under the Invest UP 2.0, which is not just an important contribution to the economy of the state. In addition, new jobs also create. To become the center of the manufacturing sector, an investment of Rs 3 Lakh Crore was expressed in the next year 2025-26. Special efforts have been made for the development of the state manufacturing sector under the Invest UP scheme operating under the leadership of the main minister Yogi Adityanath. The result is currently seen in the form of new units installed in the manufacturing sector and the production increases. In this order, in the year 2024-25, the manufacturing sector contributed the gross price of Rs 2.81 Lakh Crore in the state. While, for the year 2024-25, a target for the price of Rs 3.61 Lakh Crore was set. In the session, only 50 thousand crore calls were invested in the manufacturing sector. In addition, UP has registered a 4.0 percent increase in the IPP index released by the Government of India. CM Yogi’s investments are on the special focus manufacturing sector under UP 2.0. The growth in the manufacturing sector also leads to an increase in state GSDP and new jobs in the state. In this direction, it was informed at the Invest Up’s Rev. 3 Lakh Crore investment meeting in the next year 2025-26 for the gross price of 1.25 lakh crore from the manufacturing sector. In this direction, the emphasis is on establishing new units in the state and the attracting FDI. Aligarh, Unnao, Prayagraj and Jhunsi are also developed as a special investment sector with the formation of Land Bank and RAW material banks for the state. -Ians SK/ABM shares this story tags