Yogi approves major restructuring of Invest UP to boost investor facilitation

Uttar Pradesh Chief Minister Yogi Adityanath has approved the proposal for a comprehensive restructuring of Invest UP to make it more efficient, expert-driven, and investor-centric.

The first meeting of the Invest UP Governing Body, chaired by Yogi Adityanath here on Monday, resulted in several key decisions aimed at further strengthening Uttar Pradesh’s industrial investment ecosystem.

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Under the new structure, dedicated specialist cells will be established for sectors such as textiles, automobiles and electric mobility, chemicals, electronics, and services.

In addition, satellite investment promotion offices will be set up in Mumbai, Bengaluru, Hyderabad, Chennai, and New Delhi to enable direct engagement with domestic and global investors and attract greater investments to UP. The Chief Minister emphasized the need to ensure transparency, efficiency, and a result-oriented approach in the functioning of these offices.

The meeting also approved ex-post facto sanction for 11 General Manager/Assistant General Manager positions and the deputation of two Joint Chief Executive Officers (PCS cadre). A dedicated Land Bank Cell will also be established, comprising two PCS officers at the Sub-Divisional Magistrate/Additional District Magistrate level.

The Chief Minister stated that the new structure would empower Invest UP to function as a single, comprehensive investment facilitation agency — not only attracting investments but also ensuring effective monitoring and timely implementation of projects. He directed that the restructuring be implemented immediately and that the scope of each cell be clearly defined to promote a coordinated, outcome-driven system for investment facilitation.

In the meeting it was informed that Uttar Pradesh has made remarkable strides in industrial development over the past few years. Nearly 4,000 new factories have been established in 2024–25, bringing the total number to around 27,000. Earlier, by 2022–23, an average of 500 new units were being set up annually — a number that has since multiplied significantly. The Chief Minister remarked that this progress reflects the positive transformation of the state’s industrial ecosystem under the successful implementation of Prime Minister Narendra Modi’s “Reform, Perform, Transform” vision.

During the review of investment promotion and facilitation systems, it was reported that account managers have been assigned to 814 Fortune 1000 companies. So far, 50 new MoUs have been signed, while discussions are ongoing with more than 280 companies. The Chief Minister instructed officials to strengthen engagement with investors and ensure the timely provision of land, incentives, and skilled human resources to industrial units.