UP bags over Rs 50,000 crore (Img-Internet)
Bengaluru: Uttar Pradesh has secured investment proposals worth over Rs 50,000 crore after more than 15 companies signed Memorandums of Understanding during an investor roadshow in Bengaluru.
The MoUs were signed at the Uttar Pradesh Global Growth Dialogue 2026, held in the presence of Chief Minister Yogi Adityanath. The event was part of the state government’s multi-city outreach campaign aimed at attracting major investments and pushing Uttar Pradesh towards its goal of becoming a one trillion dollar economy.
A major share of the proposed investment came from the real estate and infrastructure sectors, with companies showing interest in developing industrial parks, business parks and commercial spaces across the state.
Among the key announcements, Horizon, backed by Blackstone, proposed an investment of Rs 10,000 crore. Embassy Group and Raheja Mindspace REIT committed Rs 5,000 crore each, while Prestige Group announced investment plans worth Rs 15,000 crore. Sattva Developers proposed investments of Rs 4,000 crore. Shriram Properties also signed an MoU for developing private industrial and business parks in Uttar Pradesh.
The roadshow also witnessed fresh commitments in the Global Capability Centre sector. Companies including LG, Aon, MetLife and Table Space signed MoUs during the event. TeamLease entered into a non-financial partnership to support skill development and talent creation for GCC operations in the state.
Officials said the initiative will help strengthen Uttar Pradesh’s skilled workforce and position the state as an emerging destination for GCCs.
During his Bengaluru visit, Chief Minister Yogi Adityanath also held closed-door meetings with investors, technology companies and industry leaders. Discussions focused on urban infrastructure, IT-enabled services, GCC expansion and Uttar Pradesh’s growing potential to attract foreign direct investment.
The Chief Minister highlighted the state’s investor-friendly policies, improved law and order situation, expanding infrastructure and governance reforms as key reasons behind growing investor confidence.
The Uttar Pradesh government has set a target to develop 40 million square feet of Grade-A office space and establish 500 GCC units by 2031. The state is also aiming to become one of India’s top three destinations for foreign direct investment.
On the sidelines of the event, CM Yogi also met senior officials from Google Cloud, including Chief Technology Officer Tarun Pant. The meeting focused on the use of artificial intelligence, cloud computing and data-driven technology in governance, agriculture, MSMEs and the startup ecosystem.
