In a strategic move to attract high-value foreign investments, the Uttar Pradesh government's investment promotion agency, Invest UP, conducted a focused international outreach in Singapore this week. The delegation aimed to showcase the state's rapidly evolving investment ecosystem to global financial and technology leaders.
Showcasing UP's Strengths to Global Fund Managers
The delegation, spearheaded by Additional Chief Executive Officer Shashank Chaudhary, held a series of crucial meetings with international investors and consultants. A key engagement was with the senior leadership of Verition Fund Management, a prominent global multi-strategy investment firm.
During discussions with Hao Long, Managing Director and Head of Asia Equity Capital Markets at Verition, officials detailed Uttar Pradesh's compelling advantages. They emphasized the state's cost competitiveness and the abundant availability of skilled manpower. The rapid development of urban hubs like Noida and Lucknow was presented as a major draw for businesses.
The team also highlighted upcoming infrastructure projects, including dedicated financial and technology districts. They pitched the state's ready-to-use, plug-and-play facilities designed specifically to support Global Capability Centres (GCCs), fintech firms, analytics companies, and technology-driven service providers. Verition officials were given a comprehensive briefing on the sector-specific incentives available under UP's policy framework for Foreign Direct Investment (FDI).
Proposing a Tech-Driven Theme Park for Tourism
In another significant meeting, the Invest UP team held talks with Gyanendra Kumar, CEO of Infotrust Singapore Pvt Ltd. Kumar, who hails from Uttar Pradesh, expressed a strong personal interest in contributing to his home state's economic growth.
He proposed an ambitious plan to develop a technology-driven theme park within Uttar Pradesh. According to officials, the envisioned project seeks to create a unique blend of immersive digital experiences, entertainment, and cultural storytelling. The delegation informed Infotrust about the state's robust investor facilitation mechanisms, which include dedicated help desks, single-window clearance systems, and end-to-end support spanning from project conception to commissioning.
Building Long-Term Partnerships for Growth
Officials stated that these meetings are a reflection of Uttar Pradesh's sustained efforts to forge long-term partnerships with international corporations. By aggressively pursuing investments in technology, services, and tourism-linked sectors, the state aims to accelerate job creation and strengthen innovation-led economic growth.
The overarching goal is to solidify Uttar Pradesh's position as a preferred destination for global investors. Invest UP officials confirmed that the constructive conversations initiated in Singapore will be followed by detailed project evaluations and further rounds of engagement in the coming weeks, signaling a proactive approach to converting interest into tangible investments.
