Making MoUntains out of molehills
Published on: March 24, 2026, 11:44 p.m. | Source: The Economic Times
Uttar Pradesh's substantial MoU with a nascent startup for AI infrastructure is met with skepticism, highlighting a pattern of grand investment pledges that rarely materialize. While CM Adityanath clarified it's a preliminary step, past summits show low conversion rates for similar "investment proposals," underscoring the need for transparency and actual capital commitments beyond mere announcements.
