The group, with revenues of over Rs 26,000 crore, also owns the IPL franchise Lucknow Super Giants
').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();
RP Sanjiv Goenka Group To Invest Rs 10,000 Crore In Uttar Pradesh
Besides, the sports academies in the state will see an investment of Rs 500 crore, the group said
Topics
RP Sanjiv Goenka Group | Uttar Pradesh
RP Sanjiv Goenka Group said it will invest Rs 10,000 crore in Uttar Pradesh.
The announcement was made by group head Sanjiv Goenka during a meeting with Chief Minister Yogi Adityanath.
"Dr Sanjiv Goenka in a meeting today with the Honourable Chief Minister of Uttar Pradesh Shri Yogi Adityanath has announced an investment of Rs 10,000 crore in the state..," the group said.
Out of this, Rs 7,500 crore will be invested in renewables, while power distribution and retail sectors will receive Rs 1,000 crore each.
Besides, the sports academies in the state will see an investment of Rs 500 crore, the group said.
"With this Rs 10000 crore investment, the total commitment of RP Sanjiv Goenka Group to the state of Uttar Pradesh is now pegged at Rs 20,000 crore," it added.
The Kolkata-based group operates in sectors like power, IT-enabled services, media and entertainment, and retail.
The group, with revenues of over Rs 26,000 crore, also owns the IPL franchise Lucknow Super Giants.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Subscribe to Business Standard Premium
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
First Published: Sat, February 04 2023. 23:00 IST
RECENT NEWS
ClearBank UK Profit Leads To European Growth
ClearBank has spent much of the past decade building the technology and regulatory infrastructure needed to challenge so... Read more
Bank Of London Continues To Rebuild
ClearBank’s progress shows that modern clearing and banking infrastructure can become a sizeable and profitable busine... Read more
JPMorgan's Berlin Moment: Chase Takes On Europe
There is something quietly symbolic about JPMorgan Chase choosing Berlin as its gateway into continental Europe. In a fo... Read more
What Strategy's Bitcoin Sale Really Tells Us
There is a moment in every bull run when the narrative starts to fray. Not with a crash, not with a scandal, but with so... Read more
Coutts Sets Scope On New Continent
Coutts steps into private marketsCoutts, the private bank best known for serving Britain’s wealthiest families and the... Read more
From Cypherpunk To Citadel
How Crypto Moved from the Wild West to the Mainstream Financial SystemA long-form analysis of Bitcoin's journey from fri... Read more