UP gears up second groundbreaking ceremony, Noida – Gr Noida expected to have major participation

Greater Noida (19/06/2019) : Uttar Pradesh government is contemplating groundbreaking ceremony for industrial projects for which memoranda of understanding (MoUs) were signed during the UP Investors’ Summit held in February 2018. The mega ceremony is planned to be held first week of July. As earlier, it will be held in Lucknow.

Regarding the same a meeting is been called off for hearing the problems of prominent industrialist and businessman’s. In this meeting top officials of Noida Authority, Greater Noida Authority, Yamuna Authority and UPSIDC will be present.

The sources said the date of the ceremony would be finalized soon after approval from the Chief Minister. During the UP Investors’ Summit, several industrials had made commitments for investments in UP and a good number of MoUs that were signed matured into actual investment in Noida and Greater Noida region too.

The second groundbreaking ceremony for projects worth almost Rs 80,000 crore got delayed several times due to incomplete groundwork, land acquisition woes, pending clearances and lastly the Lok Sabha elections.