M3M India and Godrej Properties will invest ₹7,500 crore and ₹2,400 crore, respectively, in real estate projects. Similarly, Assotech Realty has signed an MOU to invest ₹950 crore in the expansion of their business. Investment proposals worth ₹7,000 crore by around 40 small companies are in the pipeline.
Each of the three industrial development agencies in Gautam Budh Nagar — Noida, Greater Noida and Yamuna Expressway — has been given a target to secure investment proposals of ₹60,000 crore for the upcoming Summit. The UP government has fixed a target of Rs 10 lakh crore for the summit.
The government has also formed 18 delegations of senior officials to bring in investments from across the globe. While Noida and Greater Noida CEO Ritu Maheshwari will be travelling to Australia and Singapore, YEIDA CEO Arun Vir Singh is slated to visit Japan and South Korea to hold talks with potential foreign investors.