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U.P. Mulls Another Groundbreaking Ceremony, Investors' Summit

Hindustan Times West UP

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April 12, 2025

The Uttar Pradesh government is considering a move to hold yet another Ground Breaking Ceremony (GBC-5) later this year to implement the investments already proposed and a Global Investors Summit thereafter to attract new investment.

- Umesh Raghuvanshi

LUCKNOW: It also proposes to hold road shows in major cities in India and abroad to market the state government's policies, offering incentives to attract investors and project the state as the best investment destination.

A state government team, meanwhile, proposes to visit Japan soon to explore investment options in the green hydrogen sector. Various options to attract investment in the IT, green energy, artificial intelligence (AI), EV and other sectors are also being considered. The move comes even as the state government is stepping up measures to attract more investment in an attempt to take Uttar Pradesh's Gross State Domestic Product (GSDP) to one trillion dollars. Chief Minister Yogi Adityanath has asserted that the state government will achieve the trillion-dollar economy target by 2029.

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