Uttar Pradesh attracts over Rs 50 lakh crore in investment proposals in 9.5 years, with Yogi Adityanath highlighting industrial growth and new projects.

Uttar Pradesh has emerged as one of India’s major investment destinations, attracting investment proposals worth more than Rs 50 lakh crore over the past nine-and-a-half years, Chief Minister Yogi Adityanath said on Thursday. Highlighting the state’s industrial transformation, the Chief Minister said projects worth approximately Rs 15 lakh crore had already moved to the implementation and ground-breaking stages.

Addressing the ground-breaking ceremony of CNH Industrial’s new tractor manufacturing plant in Gautam Buddh Nagar virtually from Lucknow, Adityanath said the state government was committed to creating a business-friendly environment and supporting companies investing in Uttar Pradesh.

The announcement comes as the state continues to expand its industrial infrastructure, manufacturing capacity and employment opportunities. The upcoming CNH Industrial facility is expected to strengthen the agricultural machinery sector while generating thousands of direct and indirect jobs.

CNH Industrial to Invest Over Rs 1,200 Crore in Uttar Pradesh

During the event, Yogi Adityanath highlighted the significance of CNH Industrial’s upcoming tractor manufacturing facility in the Yamuna Expressway Industrial Development Authority (YEIDA) region.

The company is investing more than Rs 1,200 crore in the project, which will be developed across approximately 100 acres in Sector 8D of the YEIDA area.

According to the Chief Minister, the project will contribute to modern manufacturing, agricultural mechanisation and regional economic development. It is also expected to create employment opportunities for thousands of people and provide business opportunities for local industries.

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Adityanath assured the company that the state government would extend all necessary assistance to ensure the smooth development of the facility.

“The trust in doing business is reflected in CNH Industrial setting up a new tractor manufacturing plant with an investment of more than Rs 1,200 crore,” he said.

Improved Law and Order Boosting Investor Confidence

The Chief Minister credited Uttar Pradesh’s improved law and order situation since 2017 as one of the major reasons behind the rise in investments.

He said the government’s focus on transparency, administrative reforms, digitisation and time-bound delivery of public services had helped improve the state’s business environment.

According to Adityanath, investors are increasingly looking at Uttar Pradesh as a suitable destination because of its improved security, infrastructure and government support.

He added that the state had introduced more than 36 sector-specific industrial policies to attract domestic and international investors, including foreign direct investment (FDI) and Fortune 500 companies.

Factories Increase from 14,000 to Over 35,000

Highlighting the growth of the industrial sector, Yogi Adityanath shared several figures reflecting the state’s economic progress.

He said the number of factories in Uttar Pradesh had increased from approximately 14,000 to more than 35,000. The number of Micro, Small and Medium Enterprises (MSMEs) had reached nearly one crore.

The startup ecosystem has also witnessed significant expansion, with the number of startups rising from just 120 to more than 25,000.

The Chief Minister said Uttar Pradesh was also developing as an important destination for Global Capability Centres (GCCs), creating opportunities in technology, manufacturing and other emerging industries.

Government Preparing Industry-Ready Workforce

Yogi Adityanath said the state government was focusing on developing skilled professionals according to the changing requirements of modern industries.

For this purpose, the government is working with leading companies, including Tata, Samsung, Microsoft, IBM, Infosys, HCL and the Hinduja Group.

The initiative aims to connect young people with industry-specific training and improve their employment prospects.

The Chief Minister added that emerging sectors such as electronics, technology and advanced manufacturing would play an important role in creating new career opportunities for the state’s youth.

Rs 7.5 Lakh Crore Investment Projects Set for Groundbreaking

Adityanath also announced that investment proposals worth more than Rs 7.5 lakh crore were expected to move towards the ground-breaking stage during the upcoming investors’ summit.

He said the government’s investment strategy included developing industrial land, improving infrastructure and simplifying procedures for businesses.

The progress of Uttar Pradesh investment proposals reflects the government’s efforts to attract large-scale industrial projects and encourage private-sector participation in economic development.

YEIDA Region to Become a Major Industrial and Logistics Hub

The Chief Minister highlighted the rapid transformation of the Yamuna Expressway Industrial Development Authority region.

He said the YEIDA area was being developed across approximately 25,000 hectares, with the Noida International Airport at Jewar playing a major role in the region’s future growth.

Several major projects are also coming up in the area, including:

– HCL-Foxconn semiconductor manufacturing plant
– Electronics manufacturing cluster
– Apparel Park
– Medical Device Park
– Toy Park
– MSME Park
– Handicrafts Park
– Data Centre Park

According to Adityanath, these developments will help establish the region as an important centre for industrial production, logistics and economic activities.

He also appreciated the farmers of the Jewar region for their cooperation in land-related and infrastructure development projects. He said the area was moving beyond its earlier image associated with crime and violence to become an attractive destination for investors.

Uttar Pradesh Targets One Trillion Dollar Economy

Yogi Adityanath said Uttar Pradesh was steadily progressing towards its ambition of becoming a one trillion dollar economy.

He claimed that the state had moved from being among the bottom five economies to becoming one of the country’s top three states in terms of economic size.

The Chief Minister further stated that Uttar Pradesh had become a revenue-surplus state and had consistently remained among the states with the highest capital expenditure.

He said investments in expressways, airports, dedicated freight corridors and industrial corridors had significantly improved connectivity and made it easier for companies to establish manufacturing facilities.

CNH Project Expected to Strengthen Agricultural Mechanisation

Concluding his address, the Chief Minister expressed confidence that the CNH Industrial project would provide fresh momentum to agricultural mechanisation and modern manufacturing in Uttar Pradesh.

He pointed out that the state accounts for approximately 18.5 per cent of India’s total tractor market. This creates significant opportunities for manufacturers looking to expand their presence in the agricultural machinery sector.

The new facility is expected to strengthen local manufacturing, support associated businesses and create opportunities for skill development among young people.

With more than Rs 50 lakh crore in investment proposals and several large industrial projects moving towards implementation, Uttar Pradesh investment proposals remain central to the state’s economic growth strategy. The CNH Industrial project is another important step towards strengthening manufacturing, generating employment and positioning Uttar Pradesh as a major industrial destination.