Lucknow, October 13: The first meeting of the Invest UP governing body, chaired by Chief Minister Yogi Adityanath, held on Monday, took several important decisions aimed at strengthening the state’s industrial investment infrastructure. The Chief Minister approved the proposal to restructure Invest UP.
Under the restructuring of Invest UP, specialist cells will be established in sectors such as textiles, automobiles and electric mobility, chemicals, electronics, and the service sector. Satellite investment promotion offices will also be established in Mumbai, Bengaluru, Hyderabad, Chennai, and New Delhi, through which direct communication with domestic and global investors will be established to encourage investment in Uttar Pradesh. The Chief Minister directed that transparency, efficiency, and a result-oriented approach be ensured in the operation of these offices.
Chief Minister Yogi Adityanath stated that the restructuring aims to develop Invest UP into a more efficient, expertise-based, and investor-centric organization. The meeting granted ex-post facto approval to 11 General Manager/Assistant General Manager positions. It was also decided to depute two Joint Chief Executive Officers (PCS cadre) and establish a Land Bank Cell, staffed by two PCS officers (Sub-Divisional Magistrate/Additional District Magistrate level).
The Chief Minister stated that the new structure will empower Invest UP as a single investment facilitation agency, not only attracting investments but also actively monitoring projects throughout their implementation. He directed that this structure be implemented with immediate effect and that the scope of each cell be clearly defined, ensuring a coordinated and result-oriented system for investment promotion.
The meeting was informed that Uttar Pradesh has made significant progress in the industrial sector in the past few years. Nearly 4,000 new factories were established in 2024-25, bringing the total to nearly 27,000. Until 2022-23, an average of 500 new units were being established annually, which has now increased manifold.
Chief Minister stated that this achievement is a testament to the positive changes in the state’s industrial ecosystem due to the successful implementation of Prime Minister Narendra Modi’s “Reform, Perform, Transform” mantra.
Investment incentives and facilitation systems were reviewed at the meeting. It was reported that account managers have been assigned to 814 Fortune 1000 companies. Fifty new MoUs have been signed so far, and discussions are underway with more than 280 companies. The Chief Minister urged increased dialogue to provide investor units with land, subsidies, and trained human resources.
During the review of Ease of Doing Business, the Chief Minister stated that industrial investment in Uttar Pradesh is no longer a matter of policy commitment, but an example of ground-level delivery.
He stated that the application, approval, and incentive process is being further simplified through the Investment Mitra Portal 3.0, reducing processing time by 30% and documentation formalities by 50%. Features such as single sign-on, dynamic application system, AI-based chatbot, third-party inspection, and digital monitoring are being incorporated into the portal, which will further streamline the investor experience.
Chief Minister directed various departments to set monthly targets and complete the process of issuing Letters of Comfort for approved projects in a timely manner.
He urged that incentives due as per policy should be disbursed on time without any hindrances, and that industrial building bylaws should be made more practical and investor-friendly.
The meeting was also informed that active dialogue has been established with investors from Japan, South Korea, Germany, France, Russia, Taiwan, Singapore, and the Gulf countries through the Focus Country Desk.
Chief Minister directed that Uttar Pradesh’s industrial image be further strengthened on global platforms, and that each country desk should work towards concrete investment outcomes.
Chief Minister directed UPEIDA, UPCDA, BIDA, and other industrial authorities to focus on cluster-based industrial development in sectors such as automobiles, pharmaceuticals, electronics, and leather.
The meeting was also informed that under the “China Plus One” strategy, Uttar Pradesh is now becoming a preferred investment destination for multinational companies. Currently, 219 companies are in the active investment process, many of which are leading companies from Japan, Korea, and Taiwan. The Chief Minister directed that these proposals be continuously monitored and all departments work in a coordinated manner to realize these opportunities.
It was also informed at the meeting that Industrial Development Authorities have over 25,000 acres of greenfield land and over 6,300 acres of ready-to-move-in land available for investment. Surveys of over 33,000 industrial plots have been completed. The Chief Minister stated that direct communication should be held with farmers and traders in land acquisition cases and appropriate compensation should be ensured. He directed that circle rate disparities be eliminated and unused industrial plots be cancelled after the stipulated deadline and allotted to new investors. The
Chief Minister envisioned a “Safe Industry” modeled after “Safe City.” He called for an increase in the number of CCTV cameras in industrial areas and robust security arrangements, so that investors and entrepreneurs can work with confidence. He stressed the need to further strengthen infrastructure in areas under the Industrial Development Authorities.
He also directed that Divisional Commissioners and District Magistrates regularly communicate with investors/entrepreneurs, ensure appropriate resolution of their expectations and problems, and inform the government as needed.
Industrial Development, Investment and Export Promotion Minister Nand Gopal Gupta ‘Nandi’, Urban Development Minister Arvind Sharma, Micro, Small and Medium Enterprises Minister Rakesh Sachan, Minister of State for Industrial Development Jaswant Singh Saini, senior government officials and officials from Invest UP were present at the meeting.