Investment proposals worth over Rs 8,000 crore received at Pilibhit investors summit

At the investors’ summit conducted during the weekend, Pilibhit got preliminary investment bids totaling Rs 8,575 crore for the establishment of new enterprises in the district.

Yogi Adityanath, the Chief Minister of Uttar Pradesh, delivered a virtual address to open the summit.

Entrepreneurs from all around the state expressed their interest at the summit in a number of different industries, including tourism, dairy, micro, small, and medium-sized enterprises (MSME), food processing, renewable energy, ethanol production, and e-vehicle manufacture. Pilibhit was given the goal by the state government of luring in investments worth Rs 1,500 crore.

Atmdev Sharma, the district commissioner of industries, claimed that at Rs 4,755 crore, the majority of the projected investments were related to food processing and safety.

In reference to the dairy proposal, Additional district magistrate (judicial), Suraj Singh Yadav, said, “Being an agricultural district, green fodder and wheat straw are available here in abundance. This mother unit can facilitate the marginal farmers with remunerative diversified agricultural activities like dairy and can also ensure the linkage of the unemployed youth with mini dairy projects that will be supported by the definite supply of their milk production to the mother unit.”

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