UP gets Rs 13,408-cr investment proposals in mfg sector

Uttar Pradesh has emerged as the top investment destination and has received 98 investment proposals worth Rs 13,408.19 crore in the manufacturing sector during the past three-and-a-half years, an official statement said on Thursday. "Big industrialists of the country and abroad are investing in infrastructure, food processing, textile, electronic manufacturing, real estate, power and manufacturing sectors in UP in a big way. "However, of all these sectors, manufacturing is the most preferred among them and is booming," officials said in the statement.

The receipt of 98 investment proposals worth Rs 13,408.19 crore received in manufacturing sector during the past three-and-a-half years bears testimony to this, they said.