Chief Minister Yogi Adityanath declared the current period a "golden time" for investing in Uttar Pradesh. He made this statement on Sunday in Lucknow, pointing to strong governance and modern infrastructure as major draws for businesses.
Land Allotments Signal Growth
During an event at the Yamuna Expressway Industrial Development Authority area, the Chief Minister handed over land allotment letters to several key projects. These included industrial units by India Chip Private Limited, Ascent Circuit Private Limited, and Amber Enterprises India Limited. A medical college project by Bodhisattva Charitable Trust also received land approval.
Investors Express Confidence
Representatives from the companies thanked the state government for its support. They noted their excitement about investing in Uttar Pradesh and praised the full cooperation from officials. Many investors remarked that development work in the state is moving faster compared to other regions.
Unprecedented Transformation
Speaking with entrepreneurs, Yogi Adityanath reflected on the past eight and a half years. He said Uttar Pradesh has seen an unmatched industrial transformation. This change came through stable policies, good governance, and quick execution of projects.
"Uttar Pradesh has moved beyond promises and has become a symbol of results. This is the golden time to invest in the state," the Chief Minister emphasized.
Investment Figures Show Momentum
The state's 'Industry First, Investment First' approach has positioned Uttar Pradesh as a stable and secure destination for global investors. Under the UP Global Investors Summit, proposals worth Rs 45 lakh crore were received. Projects worth Rs 15 lakh crore are already grounded, with another Rs 5 lakh crore set for implementation soon.
Infrastructure as a Key Attraction
The Chief Minister highlighted the strong law and order situation as a factor attracting investors. He also detailed the state's world-class infrastructure.
- Uttar Pradesh boasts the country's largest railway network.
- Extensive 6-lane and 4-lane roads connect the state inter-state.
- All district headquarters are linked by 4-lane roads.
- About 55% of India's total expressway network lies within the state.
- Metro services operate in the highest number of cities nationwide.
- The Delhi–Meerut Rapid Rail is already functional.
Additionally, Uttar Pradesh is set to launch its fifth international airport at Jewar. This airport is expected to become a major hub for both passenger and cargo transport.
Technology-Driven Processes
The investment process in the state leverages technology for efficiency. A network of 118 'Udyami Mitras' assists investors, and incentive disbursal happens in a time-bound manner. Due to fast decision-making and transparency, YEIDA has emerged as one of the most attractive investment circuits in Uttar Pradesh.
Focus on Semiconductors and Electronics
Referring to the Prime Minister's vision, the Chief Minister said private sector participation in semiconductor chip manufacturing is actively promoted in the state. Investments by companies like HCL-Foxconn–India Chip Private Limited and Ascent Circuit Private Limited will create large-scale employment for local youth.
The IT and electronics sector in Uttar Pradesh is expanding rapidly. The investment by Amber Enterprises will further strengthen this ecosystem. Currently, 55% of the mobile phones manufactured in India are produced in the state.
Building a Skilled Workforce
Yogi Adityanath stressed the need to create trained manpower aligned with industry requirements. He directed YEIDA to work proactively in this direction. The Chief Minister also noted that Uttar Pradesh has emerged as a leading state in labour reforms, enhancing its appeal to investors.
