Davod, Switzerland: Uttar Pradesh has once again emerged as one of India’s most dynamic and future-ready investment destinations at the World Economic Forum (WEF) 2026 in Davos. The state government’s delegation signed Memorandums of Understanding (MoUs) worth ₹9,750 crore, reinforcing Uttar Pradesh’s growing reputation as a global hub for sustainable, technology-driven, and high-impact investments.
UP Delegation Led by Finance Minister Suresh Kumar Khanna
The Uttar Pradesh delegation was led by Hon’ble Finance and Parliamentary Affairs Minister Suresh Kumar Khanna, who represented the state at multiple high-level global forums and strategic meetings in Davos. The state’s nodal investment promotion agency, Invest UP, played a key role in facilitating B2G (Business-to-Government) and strategic investor meetings with leading multinational corporations.
The delegation conveyed a clear and confident message: Uttar Pradesh is no longer just an emerging market, but a future-ready global investment hub offering scale, policy stability, skilled manpower, and world-class infrastructure.
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₹9,750 Crore MoUs with Focus on Green Energy, AI and Defence
The major investment agreements signed during WEF 2026 reflect Uttar Pradesh’s strong focus on next-generation sectors:
- ₹8,000 crore MoU with SAEL Industries Ltd for a large-scale Waste-to-Energy project, strengthening the state’s clean energy and circular economy ecosystem.
- ₹1,600 crore agreement with Sify Technologies to establish an AI-ready Data Center and develop an AI City in Noida, positioning UP as a leader in digital infrastructure and artificial intelligence.
- ₹150 crore investment by Yeoman in Defence Manufacturing and Weapon System Integration, supporting India’s “Make in India” and defence self-reliance goals.
These investments are expected to generate large-scale employment, accelerate technology adoption, and promote sustainable industrial growth across the state.
Strategic Meetings with Global Industry Leaders
The UP delegation held extensive discussions with several global and Indian corporate leaders, including Louis Dreyfus Company, Uber Technologies, Google Cloud, PepsiCo, Deloitte South Asia, Greenko, HCL Software, and others. These meetings focused on long-term partnerships, sectoral expansion, and technology-led growth opportunities in Uttar Pradesh.
A notable interaction also took place with Carbon Compass CEO and former NASA scientist Neeraj Agrawal, where climate innovation, sustainability solutions, and data-driven environmental strategies were discussed in detail.
Talks with Uber on Global Capability Center in Noida
In a key meeting with Uber Technologies, discussions centered on setting up a Global Capability Center (GCC) in Noida, expanding investments, and collaborating on smart mobility solutions. Uber highlighted its strong presence in Uttar Pradesh, operating in more than 13 cities with over 1.5 lakh vehicles, and underlined opportunities in tourism mobility and last-mile connectivity.
UP’s Vision: From Investment Destination to Global Partner
The engagements at WEF 2026 showcased Uttar Pradesh’s strong push in sectors such as digital transformation, renewable energy, food processing, automation, artificial intelligence, and defence manufacturing. The state’s progressive policies, improved ease of doing business, and large consumer base continue to attract global investors.
Uttar Pradesh’s participation at Davos 2026 made it clear that the state is not merely seeking investments, but is positioning itself as a trusted global partner for inclusive, sustainable, and technology-driven development.
As global interest continues to grow, Uttar Pradesh is steadily transforming into one of India’s most significant engines of economic growth on the world stage.
