The Chief Minister approved a comprehensive restructuring plan for Invest UP to enhance its efficiency, expertise, and focus on investor needs.

The inaugural meeting of the Invest UP Governing Body, which was presided over by Chief Minister Yogi Adityanath , yielded a number of critical decisions that were designed to enhance the industrial investment ecosystem of Uttar Pradesh. The proposal for a comprehensive restructuring of Invest UP was approved by the Chief Minister in order to enhance its efficiency, investor-centricity, and expert-drivenness.

Devoted specialist units will be established for sectors including textiles, automobiles and electric mobility, chemicals, electronics, and services under the new structure. In addition, satellite investment promotion offices will be established in Mumbai, Bengaluru, Hyderabad, Chennai, and New Delhi to facilitate direct engagement with domestic and global investors and to attract a greater amount of investment to Uttar Pradesh. The Chief Minister underscored the necessity of ensuring that these entities operate with transparency, efficiency, and a result-oriented approach.

The meeting also authorized ex-post facto sanction for 11 General Manager/Assistant General Manager positions and the deputation of two Joint Chief Executive Officers (PCS cadre). Additionally, a Land Bank Cell will be established, which will consist of two PCS officers at the Sub-Divisional Magistrate/Additional District Magistrate level.

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The Chief Minister declared that the new structure would enable Invest UP to operate as a unified, comprehensive investment facilitation agency, which would ensure the timely implementation of projects and the effective monitoring of investments. He instructed the immediate implementation of the restructuring and the explicit definition of the scope of each cell to foster a coordinated, outcome-driven system for investment facilitation.

The meeting was informed that Uttar Pradesh has made significant progress in industrial development in recent years. A total of approximately 27,000 factories have been established in 2024–25, with nearly 4,000 of them being new. Up until 2022–23, an average of 500 new units were constructed annually; however, this figure has since increased significantly. The Chief Minister observed that this advancement is indicative of the positive transformation of the state’s industrial ecosystem as a result of the successful implementation of Prime Minister Narendra Modi’s “Reform, Perform, Transform” vision.

Account managers have been assigned to 814 Fortune 1000 companies, according to the evaluation of investment promotion and facilitation systems. Discussions are currently underway with over 280 corporations, and 50 new memoranda of understanding have been executed thus far. The Chief Minister directed officials to enhance their interactions with investors and guarantee that industrial units receive land, incentives, and qualified human resources in a timely manner.

The Chief Minister stated that industrial investment in Uttar Pradesh has transitioned from a mere policy commitment to a demonstrable model of on-ground delivery, as he reviewed the convenience of doing business. He stated that the upgraded Nivesh Mitra Portal 3.0 is further streamlining processes related to incentive disbursal, approval, and application. This upgrade will result in a 30% reduction in processing time and a 50% reduction in documentation requirements. A dynamic application system, an AI-based chatbot, third-party inspections, digital monitoring, and single sign-on access are all included in the portal’s design to improve the convenience and efficacy of investors.

The Chief Minister instructed departments to establish monthly objectives and guarantee the prompt issuance of Letters of Comfort for approved projects. Additionally, he directed that all eligible incentives be released without any procedural delays. Furthermore, he advocated for the revision of industrial building bylaws to be more practical and investor-friendly.

Investors from Japan, South Korea, Germany, France, Russia, Taiwan, Singapore, and the Gulf countries have been actively engaged through the Focus Country Desk, as was disclosed during the meeting. The Chief Minister directed that the industrial image of Uttar Pradesh be further fortified on international platforms and that each country desk should concentrate on attaining tangible investment outcomes. Additionally, he directed UPEIDA, UPSIDA, BIDA, and other industrial authorities to encourage cluster-based development in critical sectors, including electronics, pharmaceuticals, automobiles, and leather.

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It was also disclosed that Uttar Pradesh is becoming a preferred investment destination for multinational corporations under the “China+1” strategy. At present, 219 organizations, including significant corporations from Taiwan, Korea, and Japan, are actively seeking investment opportunities in the state. The Chief Minister mandated that these proposals be closely monitored and that all departments collaborate to guarantee their successful implementation.

During the meeting, it was disclosed that Industrial Development Authorities presently have available for investment over 6,300 acres of ready-to-move-in land and over 25,000 acres of greenfield land. Furthermore, surveys have been conducted for more than 33,000 industrial sites.

In order to guarantee equitable and transparent compensation, the Chief Minister mandated that farmers and traders be engaged in direct communication during land acquisition. He instructed officials to eliminate circle rate disparities and terminate unused industrial plots after the specified period, thereby enabling them to be reallocated to new investors.