Investment proposals of over Rs 7 lakh cr ready for grounding through GBC 5.0 in UP

Investment proposals worth more than Rs 7 lakh crore are ready to be grounded in Uttar Pradesh through the upcoming Ground Breaking Ceremony (GBC) 5.0, officials informed Chief Minister Yogi Adityanath during a review meeting on Thursday.

Chairing a meeting with officials of Invest UP, the chief minister reviewed preparations for GBC 5.0 and directed officials to ensure that investment reaches every district of the state.

Adityanath, according to an official statement, stressed the need to increase per capita income in districts and said boosting manufacturing capacity was essential to achieve the goal.

During the meeting, officials of Invest UP presented the ''Exemplar Award'' received by Uttar Pradesh in the LEADS 2025 rankings to the chief minister.

They said Uttar Pradesh had emerged as a leading state in logistics and infrastructure development under his leadership.

The chief minister said demand for land in the Uttar Pradesh Defence Corridor had increased rapidly and stressed the need to ensure land availability. He also directed officials to obtain updated information about projects where land had been allotted years ago but investment had not yet materialised.

Adityanath said attracting foreign direct investment (FDI) was one of the most important priorities and called for extensive efforts in that direction.

Adityanath said Uttar Pradesh was moving beyond its traditional image as an industrial state and emerging as a national hub for defence manufacturing, electronics, green energy, data centres, logistics and high-tech manufacturing.

Officials informed the chief minister that the electronics desk of Invest UP had received investment applications worth more than Rs 8,050 crore, while the automobile desk received proposals worth Rs 722 crore. Investment proposals of about Rs 12,232 crore under the steel and cement desk and nearly Rs 1,321 crore under the textiles desk, they said.

Reviewing the functioning of country desks, officials informed the chief minister that potential investment proposals worth nearly Rs 50,000 crore had been received from Japan, Rs 40,000 crore from Singapore, Rs 5,000 crore each from Germany and the UK, Rs 3,000 crore from Taiwan, Rs 2,074 crore from the UAE and Rs 1,600 crore from South Korea.

Officials also informed the meeting that business mission trips to Singapore and Japan have been proposed for August.

The government aims to establish Uttar Pradesh as a major manufacturing and technology investment destination in Asia through these mission trips, officials said.

Officials also made a detailed presentation on the proposed GBC event, including stage design, pathways and exhibition layout.

According to the presentation, the first zone titled ''Why UP'' will highlight the changing landscape of the state, while other zones will focus on infrastructure transformation, defence and aerospace, EV and green energy sustainability, electronics manufacturing, textiles, tourism and food processing.

A presentation was also made on the proposed ''Uttar Pradesh Defence and FDI Conclave 2026'' under the Uttar Pradesh Defence Industrial Corridor project.

Officials said the conclave, proposed to be held in Lucknow, aims to attract defence and aerospace industries to the corridor, connect global investors and develop a coordinated ecosystem involving industry, government and defence institutions.

The proposed conclave is expected to bring together representatives from the Defence Ministry, DPSUs, global OEMs, defence experts, MSMEs and startups on a common platform.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)