UP Targets Global Investors With Roadshows In 6 Countries, Including UAE And Germany

To boost foreign investment in Uttar Pradesh, the state's agency 'Invest UP' has targeted more than 20 countries. As a first step, Invest UP will organize roadshows in six countries to attract investment, with more countries to follow later. The first six countries planned for the roadshows are France, Germany, South Korea, Taiwan, the United Arab Emirates (UAE), and Singapore. During these visits, the Invest UP team will also hold roundtable meetings with local companies and other foreign firms doing business there.

To bring in foreign investment, Invest UP is using a special strategy where they have set up dedicated "desks" for different countries. These desks are responsible for studying the industries in those countries and getting in touch with companies that make various products.

Before the roadshows even begin, these teams are already talking to companies in key sectors like semiconductors, textiles, Artificial Intelligence (AI), defense, automobiles, Electric Vehicles (EVs), tourism, chemicals, aviation, electronics, pharma, technology, renewable energy, and shipbuilding, among others. They are providing these companies with detailed information about Uttar Pradesh's industrial policies, the availability of land and skilled workers, and other benefits the state government offers for investment. The goal is to lay the groundwork so that serious investment talks can happen during the roadshows.

Also Read: Ghaziabad Cyber Fraud Alert: 3 Residents Lose Rs 52 Lakh In Sophisticated Investment Scams

Additionally, with the help of Indian embassies in these countries, the team will also look for new export opportunities. There are plans to include some exporters in this initiative. This step is particularly important because, after the US imposed a 50 percent tariff on Indian products, the state is actively searching for new markets besides America to increase exports.

Also Read: UP Govt Takes Action On Scholarship Delay; Rs 300 Crore Released For 6 Lakh Affected Students