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India drawing record investment, PM Modi at UP Investors summit

Prime Minister Narendra Modi on Friday laid the foundation stone of 1,406 projects worth more than 80,000 crore rupees in the Third Ground-Breaking Ceremony of the UP Investors' Summit in Lucknow, Uttar Pradesh. The projects encompass diverse sectors like Agriculture and Allied, IT and Electronics, MSME, Manufacturing, Renewable Energy, Pharma, Tourism, Defence & Aerospace, Handloom and Textiles. Speaking on this occasion, Prime Minister Modi said that investors have showed faith in the youth power of Uttar Pradesh and it will be a win-win situation for investors as well as the people of the state.On the achievements of NDA Government in last eight years,  Modi said that the policy of reform, perform and transform along with policy stability and ease of doing business has strengthened the nation.

He said that the record investment in this Ground Breaking Ceremony will open new avenues for employment and it shows the growing confidence in Uttar Pradesh and it is going to benefit the youth of the state most. Talking about the global challenges, the Prime Minister said that the global conditions have come with great opportunities and only democratic India has the potential to tap them.  He said that a new culture of completing projects on time has developed in the country. The Prime Minister said that India is the fastest-growing economy in G-20 countries as the third highest energy consumer country and has attracted 84 billion dollars of FDI in last fiscal year.


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