Lucknow (PNS): The two-day UP Investors’ Meet starting from February 21 is likely to infuse new life in the Health sector of Uttar Pradesh as the government is to sign 27 Memorandum of Understanding (MoU) with pharmaceutical and healthcare companies inviting an investment of Rs 6362 crore.

 “This investment will not only bring a turnaround in healthcare and pharmaceutical sectors but will also help in generating jobs in different parts of the state,” Health minister Sidharthnath Singh said in a written statement issued in Lucknow on Monday. He said that investors have proposed to pump in Rs 5378 crore in healthcare sector and hile Rs 984 crore in pharmaceutical sector.

 “The total proposed investment in the health sector is likely to be Rs 6362 crore,” he said. The minister said that new healthcare units will come up near Yamuna Expressway, Noida, Greater Noida, Lucknow, Mathura, Ghaziabad and Moradabad.

 “Similarly, new pharmaceutical units are proposed near Lucknow, Moradabad, Noida, Jhansi, Hamirpur, Sitapur, Kushinagar, Lakhimpur-Kheri and Meerut,” 

he said adding that the healthcare sector will provide jobs to around 37,000 people while 13,000 people will get employment in pharmaceutical sector. Singh said that after the ‘Investor’s Meet’ the state would emerge as a brand and investments will come in all the sectors.


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