Infinite Computer Solutions will be signing an MOU to invest over 500 crore in the near future to build IT campuses in Noida and Lucknow, UP Investors Summit tweeted. The investment will be a useful step for UP and India as over 4000 people will be employed.

The Yogi government in Uttar Pradesh has set an investment target of Rs 40,000 crore in the energy sector to expand the energy sources in the state in light of the anticipated increase in electricity consumption over the next five years due to the establishment of industries

The Real Estate sector and urban infrastructure drew investment intent of a whopping Rs 58,502 crore at Make-in-Odisha (MIO) Conclave 3.0. The investment intents worth Rs 58,502.55 crore were received from 22 potential investors who have signed MoUs with state government for future investments.

Telecom gear maker GX Group has received the commitment of Rs 200-crore capital infusion from the Netherlands government-backed Investment International in the form of grants. The company will use the fund for research and development as well as expansion on manufacturing in India

The government of India has invested over Rs 5,000 crore in the SBICAP Ventures-backed SWAMIH Investment Fund I, set up under the Special Window for Affordable and Mid-Income Housing, taking its final close to Rs 15,530 crore. This is amongst the biggest corpus raised by any funds in India in the last few years.

The government launched a plan for building a transmission system for evacuating 500 gigawatts (GW) of non-fossil based energy by 2030. The plan provides transmission service providers with investment opportunities of about Rs 2.44 lakh crore.

Uttar Pradesh has set a target of Rs 40,000 crore investments in the energy sector to meet an estimated peak demand of 53,000 megawatt (MW) by 2028. The bulk of these investments will be by private sector companies. The state’s peak energy demand stands at 26,000 MW now.

Ultraviolette Automotive announced investments from Ferrari’s and football club Juventus’s largest shareholder and Qualcomm Ventures to expand the Series D round. These investments, though undisclosed are believed to be around $25 million.

Tata Steel which has made investments of over Rs 75,000 crore in Odisha will continue to invest in the state which has 25 per cent of India’s total steelmaking capacity, T V Narendran, MD & CEO informed.