Uttar Pradesh
Uttar Pradesh Targets Global Manufacturing Shift
- 08 Jul 2025
- 4 min read
Why in News?
Uttar Pradesh (UP) is intensifying its global outreach to attract multinational manufacturers, particularly through the China+1 strategy, as part of Chief Minister Yogi Adityanath’s vision to transform the state into a USD 1 trillion economy.
Key Points
- About China+1 Strategy:
- It refers to the global trend where companies diversify their manufacturing and supply chains by establishing operations in countries other than China.
- This approach aims to mitigate risks associated with over-reliance on a single country, especially in light of geopolitical tensions and supply chain disruptions.
- Global Outreach to Attract Investment:
- As part of its China+1 strategy, Invest UP, the state’s nodal investment promotion agency, is leading a global outreach initiative.
- The campaign includes roadshows and strategic business engagements across the United States, Europe, and the United Kingdom to attract Fortune 500 companies and global industrial leaders.
- The outreach will feature Business-to-Government (B2G) meetings and roundtable discussions in global business hubs such as New York, London, Paris, among others.
- These events are being organised in collaboration with Indian embassies and leading trade associations like US-India Business Council (USIBC), Confederation of Indian Industries CII, and Federation of Indian Chambers of Commerce & Industry (FICCI).
- Sectoral Growth and Key Investments in UP:
- Electronics: Rs 3,700 crore HCL–Foxconn OSAT investment marks a milestone in the state’s semiconductor ambitions.
- Textiles: UP is strengthening its textile value chain through PM MITRA Mega Textile Park and mini parks focused on synthetic, defence, and medical textiles.
- Electric Vehicles (EVs): Under the EV Policy 2023, UP targets 36 Gigawatt hours (GWh) battery production capacity by 2028.
- Digital Infrastructure: Noida–Greater Noida is emerging as India’s leading data centre hub, with plans to develop an integrated AI City.
Invest UP
- About:
- Invest UP, formerly known as Udyog Bandhu, is the investment promotion and facilitation agency of the Government of Uttar Pradesh.
- It is dedicated to attracting new investments and resolving issues faced by existing and upcoming industries in the state.
- Vision:
- Invest UP envisions transforming UP into India’s most preferred investment destination.
- It aims to serve as an effective driver of investment policies and provide a world-class business environment and infrastructure, thereby fostering economic growth and enhancing the quality of life for the people of the state.
- Mission:
- As state’s Investment Promotion and Facilitation Agency, Invest UP aims at attracting investment in the state through proactive contribution in policy formulation for rapid development of industries and infrastructure in the State.
- The organization facilitates the resolution of problems of prospective and existing entrepreneurs by providing them the advisory services.