Skip to main content

UP Achieved Rs 20,000 Crore Investment Target: Yogi Adityanath

UP Achieved Rs 20,000 Crore Investment Target, To Develop As Data Centre Hub: Yogi Adityanath

UP Chief minister Yogi Adityanath was speaking at the launch function in Noida.

Noida, UP:

Uttar Pradesh Chief Minister Yogi Adityanath on Monday said the state has achieved an investment target of Rs 20,000 crore in the first year of implementing its data centre policy and assured investors that their investment will remain safe in the state.

Speaking at the launch function of Hiranandani Group's data centre facility, Yogi Adityanath said Uttar Pradesh is going to become a hub of data centres.

He said corporates like Adani, WebWerks, Sify, STT and NTT have also submitted their investment proposals which are under consideration.

"UP is going to become a hub of data centres. State government's data centre policy has achieved a total targeted investment of Rs 20,000 crore in its first year of commencement. We have received investment proposals from Indian and global data centre investors of over 600 megawatt data centres," the chief minister said.

Data centre capacity is measured in terms of power it consumes.

Yogi Adityanath further said when Uttar Pradesh came up with its policy, the total data centre capacity in the entire country was 400 MW.

He said Gautam Buddh Nagar has emerged as a centre for the IT industry and both domestic as well as foreign investors continue to invest in the district.

"Gautam Buddh Nagar was cursed for UP chief ministers. It was believed that no UP chief minister should visit Gautam Buddh Nagar. When I started visiting this place five years ago, there were several questions raised. My friends in opposition also said that your chair is in danger. I told them the chair doesn't go with anyone. If it has to go tomorrow, it should go today but I cannot betray people," he said.

He said people again elected a 'double engine' government (same political party in Centre and state) and Uttar Pradesh has emerged as one of the leading investment destinations. At present, it is the top state for mobile phone and components manufacturing.

The pledge taken by Prime Minister Narendra Modi to make India a USD 5 trillion economy is possible, he added.

Yogi Adityanath said his government is committed to a zero tolerance policy against crime and corruption to make investments made by all investors safe in the state.

"At some point of time there used to be numerous mafia groups. Investors used to run away. Now there are no mafia groups and there can be no crime syndicate in the state.

"I want to assure all investor partners that investment done by them in the state will be completely secure and the state government will help them in growing it further," the chief minister said.

Minister of State for Electronics and IT Rajeev Chandrasekhar said the Uttar Pradesh government is taking the lead in the field of manufacturing, IT and digitisation.

He said 92 per cent of mobile phones used in the country in 2014 were imported, but now in 2022, 97 per cent of the handsets used domestically are made in India. The country is also exporting phones worth Rs 70,000 crore.

Hiranandani Group firm Yotta Infrastructure on the occasion announced that it will invest Rs 39,000 crore in Uttar Pradesh over the next 5-7 years.

The company has committed investment under a memorandum of agreement signed with the Uttar Pradesh government and the funds will go towards constructing the data centre campus, procuring IT equipment and other hardware, Yotta Infrastructure Co-Founder and Chairman Darshan Hiranandani told reporters at the launch event of Yotta D1 data centre.

"We will see investment of Rs 39,000 crore in and around this campus. The first building has already been completed... We have started work for two other buildings which will be completed in 12-15 months. We will put up one building every 18 months," Mr Hiranandani said.

He said the entire capacity of D1 has been sold out to customers and now there is demand for more capacity. The company has committed to make six data centre buildings in its campus at Greater Noida.

"Each data centre will cost Rs 6,500 crore. The committed investment is for 6 data centres. We have already started work for D2 and DE which shall be ready in 12-15 months," Yotta Infrastructure Co-Founder and CEO Sunil Gupta said.

The company has set up a hyperscale data centre, Yotta D1, at its Greater Noida Data Center Park with an investment of around Rs 1,500 crore.

In addition, the foundation stone laying ceremony of the next two data centre buildings -- Yotta D2 and D3 -- was also performed during the launch event.

The company will make an additional investment of Rs 5,000 crore for IT equipment in Yotta D1.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

Featured Video Of The Day

Adblock test (Why?)



from NDTV News- Special https://ift.tt/SpQ0yR1 https://ift.tt/cNTM6aH
via IFTTT

Comments

Popular posts from this blog

Barcelona Coach Xavi Banned For Two Games For Red Card In Season Opener

File image of Xavi Hernandez © AFP Barcelona coach Xavi Hernandez will serve a two-match suspension after being sent off in his team's La Liga season opener against Getafe, it was announced Wednesday. Xavi was punished for his touchline behaviour during Sunday's 0-0 draw at Getafe, in which Barcelona winger Raphinha also received a red card in the first half for elbowing an opponent. Former Barcelona midfielder Xavi was dismissed with 20 minutes to play after leaving his technical area to remonstrate with the fourth official over a refereeing decision. Referee Cesar Soto Grado said in his report that he had already warned Xavi, who was critical of the officiating in his post-match press conference. Xavi and Raphinha will both miss Sunday's game against Cadiz and the trip to Villarreal on August 27. Topics mentioned in this article Adblock test (Why?) from NDTV News- Special https://ift.tt/rYApZUa https://ift.tt/OEf5L2w via IFTTT

Mob Attacks Hindu Procession In Maharashtra's Thane, Case Filed: Cops

The incident took place on Sunday night on Lodha Road, police said. (Representational) Thane: A mob of 50-60 persons was booked by Mira Bhayander Vasai Virar police in Thane district for allegedly assaulting a man who was part of a procession on the eve of the idol consecration of the Ram Temple in Ayodhya, an official said. The incident took place on Sunday night on Lodha Road and as per the complainant the mob armed with iron rods, sticks, bats shouted religious slogans and assaulted him when he was part of a procession comprising three vehicles and 10 two-wheelers, the official said. They vandalised the car with stones and sticks, the man said in his complaint to Naya Nagar police station. "A case of attempt to murder and other offences has been registered against a mob of 50-60 persons. Further probe is underway," the official added. (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.) Adblock test (Wh

Twitter Launches Verified Accounts In 3 Colours

All verified individual humans will have same blue check on Twitter, Elon Musk said. Washington: Twitter's updated account verification program has finally launched. Earlier, every account had a blue tick now there is a development in which some accounts have turned Gold. Last month, CEO Elon Musk, took to the microblogging site to make the announcement. "Sorry for the delay, we're tentatively launching Verified on Friday next week." he posted. "Gold check for companies, grey check for government, blue for individuals (celebrity or not) and all verified accounts will be manually authenticated before check activates," the SpaceX owner added. He had earlier tweeted about the usage of different colours for different organisations and individuals but fleshed out the details just recently. "All verified individual humans will have same blue check, as boundary of what constitutes "notable" is otherwise too subjective." He tweeted. Ac