This company to sack 3000 employees due to…, not Ratan Tata’s TCS, Narayana Murthy’s Infosys, Microsoft, Google, Wipro, name is…

This Indian company is launching a Rs 28,440 crore semiconductor project in Noida, and it’s not Mukesh Ambani’s Reliance, Ratan Tata’s TCS, Narayana Murthy’s Infosys, or Wipro. The name is… The Hiranandani Group, a vanguard in the realm of real estate, has announced a Rs 28,440 crore semiconductor project in Noida, as part of a larger Rs 69,000 crore investment commitment revealed during the Invest UP roundtable. Mumbai’s Jio World Convention Centre hosted the Invest UP roundtable on May 27.

According to the MoneyControl report, Sindoor Mittal, Vice Chairman of Avaada Group, announced a Rs 20,000 crore investment in the solar energy sector. Meanwhile, UltraTech Cement’s Managing Director, KC Jhanwar, committed Rs 1,981 crore for projects across Aligarh, Shahjahanpur, and Tanda.

The meeting was chaired by Chief Secretary Manoj Kumar Singh, with CEO of Invest UP Vijay Kiran Anand moderating the session. The event saw participation from several prominent industry leaders.