Lucknow: In a major push to position Uttar Pradesh as India’s leading investment destination, Chief Minister Yogi Adityanath chaired the first meeting of the Invest UP Governing Body, approving a wide-ranging restructuring of Invest UP along with several key policy measures aimed at boosting domestic and international investment.
New Structure to Focus on Sectoral Expertise and Global Outreach
Under the approved restructuring, sector-specific expert cells will be established in key industries such as textiles, automotive and electric mobility, electronics, chemicals, and pharma. Satellite offices will also be set up in major cities including Mumbai, Bengaluru, Hyderabad, Chennai, and Delhi-NCR to deepen engagement with investors.
Through the Focus Country Desk, Uttar Pradesh has already established active dialogue with potential investors from Japan, South Korea, Germany, France, Russia, Taiwan, Singapore, and Gulf nations. The CM directed that these desks work towards concrete investment results and enhance the state’s global industrial image.
China-II Strategy Brings MNC Attention to UP
As part of its “China-II Strategy”, Uttar Pradesh is increasingly becoming a preferred destination for multinational companies shifting supply chains. Currently, 219 investment proposals are under active discussion, including from top firms in Japan, Korea, and Taiwan. The CM emphasized coordinated action across departments and continuous monitoring of these proposals.
Massive Land Bank for Investors
The meeting revealed that Industrial Development Authorities have a substantial land bank, including:
- 25,000+ acres of greenfield land
- 6,300+ acres of ready-to-move-in land
- 33,000+ industrial plots surveyed
CM Yogi called for direct engagement with farmers and traders in land acquisition cases to ensure fair compensation. He also instructed that circle rate disparities be removed and unused plots be reclaimed and reallocated to new investors after due notice.
“Safe Industry” Vision and Investor Security
Drawing from the successful “Safe City” model, the CM unveiled a vision for “Safe Industry”, directing an increase in CCTV coverage and security infrastructure in industrial areas to foster a secure environment for businesses.
He instructed Divisional Commissioners and District Magistrates to maintain regular dialogue with entrepreneurs and investors, promptly resolve issues, and report to the state government as needed.
One-Stop Investment Facilitation
The CM emphasized that Invest UP’s new model will act as a single-window investment facilitation agency—not just to attract investment but also to ensure smooth execution and monitoring of projects. This restructuring includes:
- 11 top-level executive posts approved (CEO, Deputy CEOs)
- Deployment of PES officers at district level
- Transparent and outcome-driven governance model
UP’s Industrial Success: 4,000 New Units in FY 2024–25
The meeting highlighted UP’s rapid industrial growth, with nearly 4,000 new factories set up in FY 2024–25, raising the total number of industrial units to 27,000. In contrast, the state averaged 500 new units annually up to 2022–23.
CM Yogi credited this momentum to Prime Minister Narendra Modi’s “Reform, Perform, Transform” agenda, calling it evidence of a positive shift in UP’s industrial ecosystem.
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