Context: In a landmark step to strengthen Uttar Pradesh’s position as a top industrial and investment destination, Chief Minister Yogi Adityanath approved the restructuring of Invest UP, the state’s primary investment promotion and facilitation agency.
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- The decision was taken during the first meeting of the Invest UP Governing Body.
- As part of the new roadmap, the government will establish sector-specific specialist cells and set up satellite investment promotion offices in five major metro cities across India.
- The restructuring aims to make Invest UP more efficient, expert-driven, and investor-centric.
Dedicated Cells for Strategic Industrial Sectors
- The Chief Minister approved the creation of specialist cells to support and oversee investments in key industrial sectors, including:
- Textiles
- Automobiles and Electric Mobility
- Chemicals
- Electronics
- Services
- These cells will provide focused expertise, policy support, and coordination to investors, improving sectoral responsiveness and implementation efficiency.
Satellite Offices to Enhance Investor Outreach
- To increase investor engagement across regions, satellite investment promotion offices will be opened in: Mumbai, Bengaluru, Hyderabad, Chennai and New Delhi.
- These offices will function as direct interfaces between the state government and domestic and global investors, helping to attract more investments and improve service delivery.
UP’s Rapid Industrial Growth
- CM Yogi stated that industrial investment in Uttar Pradesh has evolved from being a mere policy commitment to a demonstrable model of on-ground delivery.
- According to government data:
- Around 4,000 new factories were established in 2024–25.
- This brings the total number of operational industrial units in UP to approximately 27,000
- In comparison, by 2022–23, only 500 new units were being added annually.
Nivesh Mitra Portal 3.0
- The upgraded Nivesh Mitra Portal 3.0 will streamline application, approval, and incentive disbursal processes by reducing processing time by 30% and documentation by 50%.
- The portal will include single sign-on access, a dynamic application system, an AI-based chatbot, third-party inspections, and digital monitoring to enhance investor convenience and efficiency.