This is a golden time to invest in UP: Yogi | Lucknow News

Lucknow: Chief Minister Yogi Adityanath on Sunday described the present phase as a “golden time” for investment in Uttar Pradesh, citing policy stability, strong law and order, world-class infrastructure, and transparent governance. He addressed investors after handing over land allotment letters to major industrial units and a medical college project in the Yamuna Expressway Industrial Development Authority (YEIDA) area.The chief minister handed over land allotment letters to India Chip Private Limited, Ascent Circuit Private Limited, and Amber Enterprises India Limited for setting up industrial units, and to Bodhisattva Charitable Trust for establishing a medical college. Investors expressed gratitude to the state govt, stating that they were enthusiastic about investing in the state and were receiving full cooperation from the govt and the development authority. They said development work in UP was progressing faster than in other states.Interacting with entrepreneurs, the chief minister said that over the past 8.5 years, UP underwent an unprecedented industrial transformation through policy stability, good governance, and swift execution. “Uttar Pradesh has moved beyond promises and has become a symbol of results. This is the golden time to invest in the state,” he said.He said the state’s ‘Industry First, Investment First’ approach established UP as a stable, secure, and reliable destination for global investors. Under the UP Global Investors Summit, investment proposals worth Rs45 lakh crore were received, of which projects worth Rs15 lakh crore were already grounded. Proposals worth over Rs5 lakh crore would soon be implemented, he added.Highlighting the state’s strong law and order situation, the CM said investors were attracted by world-class infrastructure and excellent connectivity. UP has the country’s largest railway network, extensive 6-lane and 4-lane inter-state connectivity, and all district headquarters connected by 4-lane roads. About 55% of India’s total expressway network lies in UP. The state also operates metro services in the highest number of cities, while the Delhi–Meerut Rapid Rail is already operational.He said UP was set to launch its 5th international airport at Jewar, which would emerge as a major hub for both passenger and cargo transport.The CM said the investment process in the state was driven through technology, with 118 ‘Udyami Mitras’ assisting investors. Incentive disbursal was carried out in a time-bound manner. Due to fast decision-making, good governance, and transparency, YEIDA emerged as one of the most attractive investment circuits in the state.Referring to the Prime Minister’s vision, he said private sector participation in semiconductor chip manufacturing was actively promoted in UP. Investments by companies such as HCL-Foxconn–India Chip Private Limited and Ascent Circuit Private Limited would generate large-scale employment opportunities for local youth. He added that the IT and electronics sector in the state expanded rapidly, and the investment by Amber Enterprises would further strengthen this ecosystem. Currently, 55% of the mobile phones manufactured in India are produced in UP, he said.The CM stressed the need to create trained manpower aligned with the requirements of industry and directed YEIDA to work proactively in this direction. He also noted that UP emerged as a leading state in labour reforms.