Over the past nine years, the Yogi Adityanath govt has made big strides in improving law and order, ease of doing business, introducing sectoral policies, and strengthening infrastructure, all aimed at attracting investments in Uttar Pradesh. With multiple investment and global investors’ summits concluded successfully, the govt has also held groundbreaking ceremonies to bring these projects to the ground. In four ceremonies held so far, MoUs worth Rs 15 lakh crore have been implemented, while projects worth another Rs 7.5 lakh crore are set to be brought to the ground during the next ceremony, scheduled by the end of 2026. The 2018 Investors’ Summit was the first mega programme organised by the state govt after the BJP formed the govt in 2017. It received investment proposals worth Rs 4.28 lakh crore. This was followed by Global Investors’ Summit in 2023, where the govt received proposals of Rs 33.5 lakh crore. These have been interspersed with signing of MoUs, the most recent being agreements worth Rs 1.5 lakh crore signed during chief minister Yogi Adityanath’s visit to Singapore and Japan in Feb this year. During the visit, the govt received investment proposals worth Rs 2.5 lakh crore. A govt spokesperson said that one of the first major steps taken by the CM was improving ease of doing business, in which Uttar Pradesh currently ranks second in the country. In addition to taking stringent action against criminals to instil a sense of security, the govt also worked on improving infrastructure by strengthening the road network and developing expressways, metro rail systems, and airports, including the Noida International Airport in Jewar. “The govt reached out to investors by sending delegations and holding roadshows. Single-window clearance systems such as Nivesh Mitra and Nivesh Sarathi were introduced, and nodal officers were appointed to coordinate with investors,” he said. The govt is set to upgrade Nivesh Mitra to Phase 3 and roll out the UP Private Business Park Development Scheme-2025, which will help investors commence production more quickly. More than 20 sectoral policies are in place to support investors, with the govt promoting emerging fields such as AI and data centres. Clusters dedicated to specific industries are being developed across the state.
