2 biz giants toinvest 3.5K cr | Lucknow News

Lucknow: Investment proposals worth Rs 3,500 crore submitted by two industry giants were approved by the state govt on Wednesday.The projects, that are set to come up in the YEIDA region, will boost indigenous manufacturing, job creation and global technology in Uttar Pradesh, generating more than 7,000 employment opportunities in total.Sharing details, an official spokesperson said: “One of the players is RP-Sanjiv Goenka Group, which will establish a 3 GW solar cell and integrated solar ecosystem hub along with a 60 MW captive solar and energy storage (ESS) plant. With an investment of over Rs 3,000 crore, the project will not only boost India’s renewable energy transition but also position Uttar Pradesh as a leader in solar manufacturing.”Sharing details about the other, they said: “Minda Corporation Ltd. has announced the establishment of a wiring harness, sensors and connectors project with an investment of over Rs 500 crore in Sector-10 of YEIDA.”