UP gears up to compete with Bengaluru and Hyderabad in technology sector

0
125

Major industrial groups investing in data centre park and AI in Uttar Pradesh

Tech giants NIDP Developers, Tata Technologies & Jackson Ltd launch big projects in UP

By Our Correspondent

Lucknow: With the aim to bring Uttar Pradesh on par with Bengaluru and Hyderabad in the field of technology, the Yogi government is fostering significant investments in the sector in the state, especially in the Data Centre Park and Artificial Intelligence. Consequently, several tech giants, such as NIDP Developers, Tata Technologies, STT Global Data Center, and Jackson Limited, are channeling investments into the state.

Notably, through GBC@4.0, Prime Minister Narendra Modi launched projects worth more than Rs 90,000 crores in the IT and electronics sector of UP recently. This constitutes over 8 per cent of the total projects worth Rs 10 lakh crores implemented through the Ground Breaking Ceremony.

Yotta Data Services, under the prestigious Hiranandani Group, is investing Rs 30,000 crore to establish a high-capital data center park, expected to generate employment for 2160 individuals. Similarly, STT Global Data Centers India Pvt. Ltd. is investing Rs 1850 crore in setting up a data center, creating job opportunities for 160 people. This investment encompasses infrastructure construction and operation, contingent upon demand, policy support, and feasibility.

In addition, Web Works is currently in the process of establishing a state-of-the-art data centre in Noida with a significant investment of Rs 500 crore. The project will create employment opportunities for 220 individuals. Engineering company Jackson Group is also establishing a data centre park in the Yamuna Expressway Industrial Development Authority (YEIDA region. This project, valued at Rs 1560 crore, will provide employment for 250 people. The company is primarily engaged in the manufacturing and sale of diesel generator sets and solar PV modules. Jackson Group oversees four key business sectors in India, namely Power Generation and Distribution, Solar, EPC, and Defence.

AI and mobile manufacturing projects also launched in UP

Bringing the Artificial Intelligence (AI) revolution to Uttar Pradesh, Addverb Ecotech is investing Rs 500 crore to set up a facility in Greater Noida to develop automated robots and material handling technologies. This project is aimed at creating employment for 2000 individuals. Similarly, Dixon Technologies, a leading Indian multinational electronics manufacturing services company, is investing Rs 650 crore to establish an electronics/mobile manufacturing facility in Sector-151, Noida. This project is expected to generate approximately 4000 jobs.

Additionally, Tata Technologies is establishing nearly 150 government ITIs with an investment of Rs 4,174 crore in Uttar Pradesh, which will generate 450 jobs. Apart from these, various groups such as Balaji IT Parks Pvt. Ltd., Eka Electronics India Pvt. Ltd., Zet Town India Pvt. Ltd., Jworld Electronics India Pvt. Ltd., Open Advanced Technology LLP, Mountain View Technologies Pvt. Ltd., Mahavir Transmission Pvt. Ltd., Highflow Industries Pvt. Ltd., Westway Electronics Ltd., Busung Tape and Film India Pvt. Ltd., Capital Power Systems Ltd., and Paytm are also making significant investments.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here