Aditya Birla Group to invest Rs 25,000 crore in UP

Lucknow, February 21

Aditya Birla Group on Wednesday said it will invest Rs 25,000 crore in Uttar Pradesh over the next 5 years across various sectors.

The state has been one of the major investment destinations for the company, chairman of the Aditya Birla group, Kumar Mangalam Birla said at the Investors Summit here.

“We have been among UP’s one of the earliest investors with a significant presence here. So it has been a long-standing relationship,” he said.

Sharing his investment plans for the state, Birla said the group will invest Rs 25,000 crore in the fields of finance, cement and chemical, among others.

The group is working in 400 villages under the corporate social responsibility, he said, promising to contribute to the progress of the state.

Congratulating UP Chief Minister Yogi Adityanath for creating an atmosphere favourable for investment, Birla said the state has improved power supply and has made land available for setting up of new facilities.  — PTI