Mumbai Magic: UP’s Investment Roundtable Shines with ₹65,000 Crore Commitments

In a major boost to Uttar Pradesh’s industrial ambitions, the Yogi Adityanath-led government secured investment proposals exceeding ₹65,000 crore at a high-profile investor roundtable organized by Invest UP at Mumbai’s Jio World Convention Centre on May 27, 2025. The event, chaired by Chief Secretary Manoj Kumar Singh and Invest UP CEO Vijay Kiran Anand, witnessed participation from India’s top industrialists, who lauded the state’s transparent governance and investor-friendly policies.

 

Key Highlights

 

Semiconductor and Data Centre Push:

Hiranandani Group announced a ₹28,440 crore semiconductor chip manufacturing project in Noida, alongside plans to double the capacity of its 30 MW Yotta Data Services data centre.

 

Green Energy Surge:

Avaada Group revealed the commissioning of a 1.5 GW solar module unit within four months and committed an additional ₹20,000 crore for further expansion in the renewable sector.

 

Tata Power Renewable Energy will invest ₹13,700 crore in Bundelkhand for two 800 MW ultra-supercritical power units.

 

Cement and Construction:

UltraTech Cement plans to expand operations in Aligarh, Shahjahanpur, and Tanda with an investment of ₹1,981 crore, praising the state’s integrated approval system.

 

Bioplastics and MedTech:

Balrampur Chini Mills signed an MoU to set up a 250 TPD polylactic acid (bioplastic) plant in Lakhimpur Kheri, investing ₹2,850 crore and creating 225 jobs.

 

Lords Group and other players proposed investments in MedTech and IVD units totaling ₹1,500 crore.

 

Tourism and Infrastructure:

EN Communication proposed a ₹1,500 crore Mahabharata Museum on the Yamuna Expressway.

 

Additional proposals included cold emulsion road mix plants, ready-mix plaster units, and rooftop solar projects.

 

Investor Confidence:

Industry leaders praised UP’s rapid approvals, transparent policies, and proactive government support, crediting Chief Minister Yogi Adityanath’s leadership for transforming UP into a top investment destination.

 

“The visionary approach and decisive leadership of Chief Minister Yogi Adityanath have transformed Uttar Pradesh into the most trusted and attractive investment destination in India,” said Chief Secretary Manoj Kumar Singh.

 

These wide-ranging proposals are expected to generate thousands of jobs and accelerate UP’s journey to becoming an industrial powerhouse.

 

Source: SwarajyaMag, Indian Express, Hindustan Times, Morning Kashmir