Lucknow: The Uttar Pradesh government has signed MoUs with major domestic and multinational companies, attracting proposed investments worth 51,453 crore as part of its investor outreach and Global Capability Centre (GCC) promotion efforts in Bengaluru.
The agreements span sectors including industrial and business parks, GCC, manufacturing, electronics, dairy processing and breweries.
According to a list released by Invest UP agency, real estate and industrial infrastructure players accounted for the largest commitments. Among the biggest investors, Prestige Group proposed an investment of Rs 15,000 crore for industrial and business parks, while Horizon (Blackstone) committed Rs 10,000 crore. Other major commitments came from Mapletree with Rs 6,000 crore, Embassy Group and Raheja-Mindspace REIT with Rs 5,000 crore each, and Sattva Group with Rs 4,000 crore.
The GCC sector also witnessed significant participation. LG announced a proposed investment of Rs 1,200 crore, while InMobi, Ameriprise, AON, MetLife and Tablespace proposed Rs 100 crore, Rs 112 crore, Rs 50 crore, Rs 84 crore and Rs 50 crore, respectively, for expanding their GCC operations.
In the manufacturing segment, AB InBev proposed an investment of Rs 1,200 crore for a brewery project, Ace International committed Rs 457 crore for dairy product manufacturing, while electronics manufacturers Syrma and Kaynes proposed investments of Rs 1,200 crore and Rs 2,000 crore, respectively.
Officials said the agreements are expected to strengthen Uttar Pradesh’s position as an emerging destination for industrial investment, GCC expansion and advanced manufacturing, while generating employment opportunities and boosting economic activity across the state. The total proposed investment under the signed MoUs stands at Rs 51,453 crore.
According to the officials present at the Uttar Pradesh Global Growth Dialogue 2026 in Bengaluru Wednesday, Chief Minister Yogi Adityanath engaged in strategic interactions with industry leaders, including senior officials from Google, and participated in high-level roundtables on urban infrastructure, GCC, IT & ITeS, and foreign direct investment opportunities.
During these sessions, he invited businesses to explore UP’s rapidly evolving investment ecosystem anchored by progressive policies, robust infrastructure, responsive governance, and one of India’s most competitive incentive frameworks, they said.
“’The CM emphasised that Uttar Pradesh offers immense potential across 36 sectoral policies, creating a positive business environment. He assured investors of safety, subsidies, and seamless single-window clearances, reinforcing the government’s commitment to building a secure, supportive, and growth-oriented ecosystem for enterprises,” a senior official told ThePrint.
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CM highlights ‘3S’ framework
Addressing an investors’ roadshow in Bengaluru in the evening, Adityanath said the state has emerged as a model for India’s “3S” framework: Safety, Stability and Speed, which are critical factors for industrial growth and investment.
He said UP has established itself as a state with strong rule of law, world class infrastructure, excellent connectivity and transparent governance, and also offers a robust network of institutions, skilled workforce, advanced technology, investor-friendly policies and a comprehensive industrial ecosystem.
Recalling the situation in the state before 2017, the year he took charge of UP, Adityanath said: “Uttar Pradesh suffered from a poor perception due to weak law and order, policy paralysis and ineffective governance. Development was rarely discussed, and the state was often categorised among India’s BIMARU (sick) states.”
“Today, Uttar Pradesh offers everything that India aspires to achieve. If something exists elsewhere, it can certainly be found here and many things available in Uttar Pradesh cannot be found elsewhere,” he added.
He attributed the state’s turnaround to the “stability and security” provided by the double-engine government, at the state and Centre, asserting that Uttar Pradesh had got rid of its BIMARU image.
The state has remained revenue-surplus for the past six years and has risen from being among the bottom three states economically to one of India’s top three state economies, the CM claimed.
Highlighting infrastructure achievements, he said UP is known not only for its demographic dividend but also for landmark projects. The Ganga Expressway, one of India’s longest expressways, was dedicated to the nation by Prime Minister Narendra Modi this April. He also noted that Noida International Airport, one of India’s largest greenfield airport projects, was inaugurated in March with commercial flight operations commencing on 15 June.
Adityanath also claimed that the state’s growth rate has increased from 8% to 18%. Emphasising the agricultural sector, he said the state provides farmers with training and market linkages, while ensuring mandi facilities are available in every district. He added that Uttar Pradesh may be the only state in the world where nearly 86% of agricultural land has access to irrigation facilities.
(Edited by Nida Fatima Siddiqui)
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All in Noida or in Kapur and Allahabad. I fear, western UP 100 KM around NOIDA will get lion’s share of all investments.
Businessmen originally from other UP districts should start industry in their hometowns.