This Indian company plans Rs 28,440 crore semiconductor project in Noida, not Mukesh Ambani’s Reliance, Ratan Tata’s TCS, Narayana Murthy’s Infosys, Wipro, the name is….

This Indian company is launching a Rs 28,440 crore semiconductor project in Noida, and it’s not Mukesh Ambani’s Reliance, Ratan Tata’s TCS, Narayana Murthy’s Infosys, or Wipro. The name is…

The Hiranandani Group, a vanguard in the realm of real estate, has announced a Rs 28,440 crore semiconductor project in Noida, as part of a larger Rs 69,000 crore investment commitment revealed during the Invest UP roundtable. Mumbai’s Jio World Convention Centre hosted the Invest UP roundtable on May 27.

According to the MoneyControl report, Sindoor Mittal, Vice Chairman of Avaada Group, announced a Rs 20,000 crore investment in the solar energy sector. Meanwhile, UltraTech Cement’s Managing Director, KC Jhanwar, committed Rs 1,981 crore for projects across Aligarh, Shahjahanpur, and Tanda.

The meeting was chaired by Chief Secretary Manoj Kumar Singh, with CEO of Invest UP Vijay Kiran Anand moderating the session. The event saw participation from several prominent industry leaders.

Invest UP, the state government’s newly established investment promotion and facilitation agency, shared photos of the roundtable meeting on X (previously Twitter).

Sharing a post on X(formerly Twitter), Invest UP wrote, “Today, a high-impact Investor Roundtable was organised at the prestigious JIO World Convention Center, Mumbai. The session was chaired by Shri Manoj Kumar Singh, Chief Secretary, Government of Uttar Pradesh, and moderated by Shri Vijay Kiran Anand, CEO, Invest UP. The event witnessed enthusiastic participation from industry leaders who appreciated Uttar Pradesh’s investor-friendly environment, progressive policies, and efficient single-window clearances. From data centers and cement plants to renewable energy and semiconductors, companies shared success stories and outlined major future investments in the state. The discussions reflected growing industry confidence and reinforced UP’s position as a leading destination for business and growth.”

According to the official website of Invest UP, Invest UP is an investment promotion and facilitation agency powered by the state government of UP. Participate and invest in your desired sectors. With more than 20 sectoral policies along with skilled workers, you will get an opportunity to Establish your business in UP.

Sanjay Banga, CEO of Tata Power Renewable Energy, announced plans to establish two 800 MW ultra-supercritical power units in Bundelkhand, with a total investment of Rs 13,700 crore.

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