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UP Secures Rs 1 Lakh Crore Investment Proposals in Singapore, Says CM Yogi

Uttar Pradesh Chief Minister Yogi Adityanath announced the state has received investment proposals worth up to Rs 1 lakh crore during engagements in Singapore. Memorandums of Understanding worth Rs 60,000 crore have already been finalised as part of this push. He pitched UP as a secure, fast-growing destination with a large land bank, skilled manpower, and improved infrastructure connectivity. The state's GSDP has grown significantly, contributing to its goal of becoming a $1 trillion economy.

Key Points: UP Gets Rs 1 Lakh Crore Investment Proposals in Singapore

  • Rs 1 lakh crore investment proposals
  • Rs 60,000 crore MoUs finalised
  • Push for $1 trillion state economy
  • GSDP grew from Rs 13 to 36 lakh crore
  • Top rank in Ease of Doing Business
2 min read

UP signs Rs 1 lakh crore worth of investment proposals in Singapore: CM Yogi Adityanath

UP CM Yogi Adityanath announces Rs 1 lakh crore investment proposals from Singapore, with Rs 60,000 crore in MoUs signed, boosting state's $1 trillion economy goal.

"I can assure you that every investment coming into Uttar Pradesh is secured. - Yogi Adityanath"

Singapore, February 24

Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday said that the state has received investment proposals worth up to Rs 1 lakh crore during engagements in Singapore, with Memorandums of Understanding worth Rs 60,000 crore already finalised, terming it a significant step towards transforming the state into a $1 trillion economy.

Sharing a post on X, the Chief Minister's official handle wrote, "To boost investment in Uttar Pradesh, we have received investment proposals worth up to ₹1 lakh crore in Singapore, along with MoUs worth ₹60,000 crore that have been finalised. All of these will prove to be milestones in the direction of making Uttar Pradesh a $1 trillion economy."

The Chief Minister addressed an investor roadshow in Singapore earlier today, pitching his state as a secure and fast-growing destination for global investment.

Assuring business leaders of a good environment in the state, the Chief Minister said, "I can assure you that every investment coming into Uttar Pradesh is secured. We not only gave a safe environment, but also showed how to connect scale with skill and speed."He added that the state has established a new identity focused on transformation and growth.

Highlighting India's broader economic progress, the Chief Minister said the country has advanced significantly over the past decade under Prime Minister Narendra Modi's leadership and is on track to become the world's third-largest economy.

Adityanath noted that Uttar Pradesh's Gross State Domestic Product (GSDP) has increased from Rs 13 lakh crore to Rs 36 lakh crore in the past nine years, contributing 9.5 per cent to India's GDP. He described the state as a "dream destination" for investment and a top achiever in Ease of Doing Business and deregulation rankings.

Emphasising infrastructure readiness, he cited the availability of a large land bank, skilled manpower, and connectivity through projects such as the dedicated freight corridor.

CM Yogi Adityanath said, "We have infrastructure and land bank in Uttar Pradesh. Investing in UP is easy because of the availability of trained and skilled manpower, a large land bank, and a dedicated freight corridor."

Inviting global investors to partner in the state's growth story, Adityanath said Uttar Pradesh offers safety, stability, and speed across sectors, positioning itself as a key engine of India's economic growth.

CM Yogi Adityanath is on an official visit to Singapore from February 22 to 24 to deepen economic cooperation, institutional partnerships and sector-specific collaboration between Uttar Pradesh and Singapore.

- ANI

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Reader Comments

P
Priya S
While the numbers sound impressive, we've heard big announcements before. The real test is on-ground execution. Will these MoUs actually materialize? Will the benefits reach the common people of UP, or will it just be more industrial parks for big corporates? Hope to see transparent follow-up.
R
Rohit P
GSDP from 13 to 36 lakh crore in 9 years is no small feat. The focus on infrastructure like the freight corridor is the right move. Singapore is a global hub for finance and tech, so this partnership could bring in much-needed technology and management expertise. UP is finally shedding its BIMARU state image!
S
Sarah B
As someone working in international business, this is a very positive signal. Singaporean investors are known for being meticulous. Their commitment suggests they see UP as a stable and profitable destination. This could attract more FDI from other Southeast Asian countries as well.
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Nikhil C
Hope the "skilled manpower" promise is real. We need to ensure our youth in UP are trained for these new jobs, not just manual labor. The government should tie these investments to specific skill development programs in ITIs and colleges across the state. Jai Hind!
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Meera T
Good step, but development should be balanced. Eastern UP (Purvanchal) needs as much attention as the NCR region. Investments in sectors like food processing, textiles, and handicrafts in smaller cities can create widespread prosperity. Let's not just focus on the western part of the state.

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