Home India Yogi govt transforms Bundelkhand into key investment hub, work commences on projects worth Rs 8,000 cr.
India - July 20, 2024

Yogi govt transforms Bundelkhand into key investment hub, work commences on projects worth Rs 8,000 cr.

Lucknow : In February, the fourth edition of the Ground Breaking Ceremony (GBC 4.0) saw Prime Minister Narendra Modi launch investment projects totaling approximately Rs 69,000 crore for Bundelkhand. Remarkably, within just five months of the launch, commercial production has commenced for projects valued at around Rs 8,000 crore, creating job opportunities for thousands in the region.

This initial wave of projects constitutes 11 percent of the total investment allocated for Bundelkhand in GBC 4.0, with the remaining projects expected to start soon. Once considered a backward region, Bundelkhand is now emerging as a prominent investment destination thanks to the efforts of the Yogi government.

According to the data of Invest UP, the agency responsible for monitoring and promoting investments in the state, commercial production has begun for 3,984 projects worth a total of Rs 1,14,345 crore. Among these, Bundelkhand has 156 projects worth Rs 7,894 crore. This amount represents 11 percent of the project funds allocated for Bundelkhand in GBC 4.0. 

During GBC 4.0, 693 projects in Bundelkhand were launched with a total investment of Rs 68,933 crore, which is 7 percent of the total projects worth Rs 10 lakh crore launched during the event. The start of these projects is expected to create large-scale job opportunities in Bundelkhand, reducing the need for residents to seek employment in other regions or states.

*Jhansi sees the highest investment in Bundelkhand*

Among the districts in Bundelkhand, Jhansi has seen the highest investment, with 62 projects worth Rs 6,237 crore now in industrial production. This has created job opportunities for local youth. During GBC 4.0, Jhansi saw the launch of 246 projects worth Rs 27,533 crore. This means that over Rs 21,000 crore worth of projects are still to be started in Jhansi, which are expected to begin soon.

Similarly, Hamirpur has 14 projects worth Rs 963 crore, Lalitpur has 23 projects worth Rs 246 crore, Mahoba has 24 projects worth Rs 195 crore, Banda has 15 projects worth Rs 58 crore, Jalaun has 11 projects worth Rs 46 crore, and Chitrakoot has 7 projects worth Rs 22 crore.

During GBC 4.0, Hamirpur had projects worth Rs 2,187 crore, Lalitpur had Rs 15,735 crore, Mahoba had Rs 1,682 crore, Banda had Rs 1,060 crore, Jalaun had Rs 13,577 crore, and Chitrakoot had Rs 7,157 crore launched.

*Big companies investing in Bundelkhand*

In Bundelkhand, several major companies are making significant investments. In Chitrakoot, Tusco Ltd. is investing Rs 4,700 crore, Sahastrabhuj Food Products Pvt. Ltd is investing Rs 500 crore, Varun Beverages Ltd is investing Rs 496 crore, and Shri Cement Pvt. Ltd is investing Rs 202 crore. 

Similarly, in Hamirpur, Rajendra Singh Sharma is investing Rs 660 crore, Hindustan Unilever Ltd is investing Rs 230 crore, Ugr Silos Hamirpur Pvt. Ltd is investing Rs 54 crore. In Jalaun, Bundelkhand Solar Energy Ltd is investing Rs 6,000 crore, Sanchay New Age Developers Pvt. Ltd is investing Rs 1,000 crore, Roaming Souls Technology Pvt. Ltd is investing Rs 900 crore, and Paliwal Foods Pvt. Ltd is investing Rs 55 crore.

In addition to this, in Jhansi, Tusco Ltd is investing Rs 3,430 crore, RVNL Ltd is investing Rs 2,840 crore, Fourth Partner Energy Pvt. Ltd is investing Rs 1,200 crore, and Sun Source Energy is investing Rs 600 crore. In Lalitpur, Tusco Ltd is investing Rs 3,450 crore, UGR Silas is investing Rs 48 crore, and V&S Enterprises is investing Rs 30 crore. In Mahoba, Tusco Ltd is investing Rs 1,008 crore, IB VOGT Solar Four Pvt. Ltd is investing Rs 80 crore, Desi Bhog is investing Rs 50 crore, and GRS Hotel Pvt. Ltd is investing Rs 50 crore. In Banda, Avaada Indosolar Pvt. Ltd is investing Rs 350 crore.

Kandariya Mahadev Temple

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