PM Modi Unveils INR 10 Lakh Crore Worth of Projects at UP Global Investors Summit 2024
These projects span diverse sectors including Manufacturing, Renewable Energy, IT and ITeS, Food Processing, Housing and Real Estate, Hospitality, Entertainment, and Education among others.
February 19, 2024. By Abha Rustagi
These projects span diverse sectors including Manufacturing, Renewable Energy, IT and ITeS, Food Processing, Housing and Real Estate, Hospitality, Entertainment, and Education among others.
PM Modi while addressing the Viksit Bharat Viksit Uttar Pradesh program in Lucknow, highlighted India's commitment to sustainable development and green energy. He underscored the government's efforts to establish the country as a global leader in technology and manufacturing in these areas. "Our effort is that every house and every family in the country should become a solar power generator," he said.
PM Modi referenced the PM Suryaghar or Free Electricity Scheme, wherein eligible families, currently numbering at 1 crore, will receive direct deposits ranging from INR 30,000 to INR 80,000 based on their electricity generation. Families generating 100 units monthly will receive INR 30,000 assistance, while those producing 300 units or more will benefit from around INR 80,000.
Furthermore, PM Modi accentuated the government's thrust towards electric mobility, citing initiatives such as the Production Linked Incentive (PLI) scheme for manufacturing partners and tax exemptions on electric vehicle purchases. He noted, "As a result, about 34.5 lakh electric vehicles have been sold in the last 10 years." The Prime Minister also affirmed the rapid deployment of electric buses, underscoring the abundance of opportunities in both solar and EV sectors in Uttar Pradesh.
With the launch of transformative projects and the Prime Minister's vision for sustainable development, Uttar Pradesh is poised to emerge as a beacon of progress and innovation.
please contact: contact@energetica-india.net.
Aman Mehtani
Founder & Group CEO
ADM Group Offers Smart, Sustainable Solutions for Global Automotive Industry
Gaurav Dolwani
CEO
From Scrap to Sustainability: LICO Materials’ Circular Economy Approach
Gaurav Kumar
Head of Supply Chain and Manufacturing
Euler Motors Bridges Cost Gap Between EVs and ICE Vehicles with Localization
Shveta Arya
India Region Leader
Powering India’s Mobility Future: Cummins Showcases Advanced Power Solutions at Bharat Mobility
Samkit Shah
Co-Founder
Jitendra EV Leading Hybrid EV Revolution with Hydrix