Uttar Pradesh Deputy CM Signs Major Railway Technology MoU with German Firm
In a significant move to boost infrastructure development, Uttar Pradesh Deputy Chief Minister Keshav Prasad Maurya visited the manufacturing plant of RailOne GmbH in Germany on Thursday. During the visit, he signed a Memorandum of Understanding (MoU) aimed at attracting an investment worth Rs 200 crore into advanced railway infrastructure technology for the state.
Enhancing Global Cooperation and Technology Transfer
A government spokesperson elaborated on the MoU, stating, "The MoU reflects Uttar Pradesh's proactive push to bring global investment and modern technology for infrastructure expansion. It will enhance cooperation with the German firm in railway systems, focusing on improved quality standards, technology transfer, and adoption of international best practices." This agreement is expected to support the modernisation of rail networks across Uttar Pradesh, introducing advanced track and concrete sleeper systems, while strengthening technical collaboration in high-performance rail components.
Commitment to Industry-Friendly Policies
Deputy CM Keshav Prasad Maurya emphasised the state's readiness for global partnerships in high-technology sectors. He said, "Uttar Pradesh is committed to transparent, industry-friendly policies and full administrative support from land allocation to operations." This statement underscores the government's dedication to creating a conducive environment for foreign investments and technological advancements.
Expanding Discussions Across Priority Sectors
Beyond railway technology, the discussions in Germany covered a range of priority sectors, including:
- Medical devices
- Textiles
- Leather and footwear
- Semiconductors
- Defence
- IT/ITES
The talks also explored the expansion of Global Capability Centres and leveraging Uttar Pradesh's existing data centre capacity, which exceeds 660 MW. This indicates a broader strategy to attract diverse investments and enhance the state's technological footprint.
Strengthening Investment Diplomacy Efforts
The initiative included direct meetings in Germany, along with virtual interactions with investors from the United Kingdom, signalling a strong push in investment diplomacy. These efforts aim to position Uttar Pradesh as a key destination for global partnerships and infrastructure development, aligning with the state's goals for economic growth and technological innovation.
