Chief Minister Yogi Adityanath chaired a high-level meeting on Friday to assess and accelerate foreign investment in Uttar Pradesh. Highlighting the state’s transition from “investment potential” to “investment confidence,” he instructed officials to maintain continuous engagement with investors and ensure seamless processes at all stages. CM Yogi emphasized that “speed, stability, and support” must define the state’s new industrial identity.

Record Foreign Investment Figures

Officials reported that Uttar Pradesh has received US$683 million in foreign investment during the 2025–26 financial year up to September, raising cumulative investments since October 2019 to US$2,754 million. In INR terms, foreign investments for the current period have reached ₹5,963 crore, marking a significant increase compared to previous years.

FDI-FCI-Fortune 500 Policy Yields Promising Proposals

Under the FDI-FCI-Fortune 500 Policy-2023, 11 companies have submitted proposals totaling ₹13,610 crore. In addition, 22 applications worth ₹17,810 crore have been received, while 29 proposals valued at ₹56,000 crore are under review. Key international partners include Japan, the United States, Belgium, the United Kingdom, Poland, and Singapore.

Strengthening Country Desks and Investor Engagement

The meeting also reviewed the activities of foreign country desks covering Japan, South Korea, Taiwan, Germany, France, Singapore, and Gulf nations. These desks maintain regular communication with embassies, trade bodies, and investors. Over 100 one-on-one meetings have been conducted, and agreements with organizations like the Japan Business Organization and Singapore International Chamber of Commerce are being converted into tangible investment opportunities.

Gulf Cooperation Council Desk Initiatives

The Gulf sector desk has organized six roundtables across Delhi, Noida, Mumbai, Lucknow, and Kanpur, engaging directly with 83 companies. These discussions have generated investment proposals worth roughly ₹5,000 crore, particularly in IT, electronics, and manufacturing. Emerging sectors such as banking, finance, insurance, pharmaceuticals, life sciences, media, and entertainment have also been identified as high-potential areas.

The Chief Minister instructed officials to fast-track infrastructure development at Lalitpur Pharma Park, citing interest from major pharmaceutical companies. Ensuring timely availability of land, electricity, and water, alongside continuous engagement with investors, is crucial to making the park a key industrial hub.

Country-Specific Investment Plans

Japan Desk: Progress continues on the DENSO brownfield expansion, with follow-ups on 125 Japanese companies linked to the Kansai Pharmaceutical Industry Association. Plans for a Green Hydrogen Center of Excellence with IIT Kanpur are underway. Discussions with Toyota Group, Sumitomo, and Marubeni target ₹20,000 crore in investments.

Taiwan Desk: Over 40 Taiwanese companies have been identified with a ₹100 crore investment pipeline. Noida, Greater Noida, and the Yamuna region are being developed as electronics and semiconductor hubs, strengthened by HCL-Foxconn’s ₹3,700 crore investment. Kanpur may become a hub for technical textiles and sportswear.

South Korea Desk: Samsung, LG, KH Wetech, and DreamTech have been engaged, with LG proposing an ₹850 crore expansion and Lotte planning ₹400 crore in investment.

Singapore Desk: Investors such as Temasek, GIC, PSA, DBS, CapitaLand-Ascendas, Keppel, and Sembcorp continue to show strong interest in the state.

Plug-and-Play Infrastructure and NCR Development

CM Yogi stressed the importance of “plug-and-play” infrastructure, allowing investors to start operations immediately. He also encouraged companies to establish corporate offices and headquarters in the National Capital Region. Bundelkhand Industrial Development Authority will receive additional human resources to ensure smooth operations and efficient industrial growth.

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