Singapore/Lucknow: In a major boost to Uttar Pradesh’s ambition of achieving a $1 trillion economy by 2029-30, Chief Minister Yogi Adityanath announced that his delegation has secured investment proposals worth nearly ₹1 lakh crore during their Singapore visit. Out of these, Memorandums of Understanding (MoUs) for ₹60,000 crore have already been signed under the ‘Invest UP’ initiative.
Speaking to the media, CM Yogi expressed confidence that these commitments will serve as a milestone in transforming the state’s economy. ‘The world is now fully transparent, and investors are well aware of every development in UP. That’s why we’ve attracted such massive investments in a short time,’ he stated.
The CM was accompanied by a high-level delegation on this tour, which also includes Japan. Meetings commenced at 8:30 AM upon arrival in Singapore and continued late into the night, with programs resuming early the next day. Over the past two days, Yogi held discussions with more than 100 representatives, including Singapore’s President, Prime Minister, Deputy Prime Minister, Home Minister, and Energy Minister.
Key meetings also took place with chairpersons and CEOs of leading fintech companies, many of which are already investing in India and UP. The CM highlighted investments in the Ganga Expressway, India’s largest under construction, and noted a complete 360-degree positive shift in investors’ perception of the state.
The delegation visited advanced sites, including preparations for the Noida International Airport at Jewar, focusing on cargo facilities and MRO (Maintenance, Repair, and Overhauling) capabilities. ‘Many global airlines send planes to Singapore for MRO. We can develop this in Jewar,’ Yogi remarked, adding that investors are seriously preparing for opportunities in UP.
Tours of Singapore’s world-class skilling centers like ITE impressed the team, aligning with UP’s initiative to create Sardar Vallabhbhai Patel Employment Zones in every district to convert skills into employment. Gratitude was extended to the Indian High Commissioner for promoting UP’s potentials in trade, technology, tourism, logistics, infrastructure, data centers, semiconductors, MRO, and skilling.
Under PM Narendra Modi’s visionary leadership, India’s all-round progress over 11 years has elevated UP’s global image. The state has rapidly advanced in infrastructure, logistics, services, and public welfare in the last 8-9 years. These Singapore agreements will accelerate UP’s journey to a $1 trillion economy.