Invest UP strengthens strategic engagement with Indian Embassy in Germany to accelerate Foreign Direct Investment inflows

The meeting was chaired by Shashank Chaudhary, Additional CEO of Invest UP, along with officials from the German Desk.

Invest UP strengthens strategic engagement with Indian Embassy in Germany to accelerate Foreign Direct Investment inflows

Photo: SNS

In a concerted effort to enhance capital inflows, industrial linkages, and technology transfer, Invest UP — the state’s nodal investment promotion and facilitation agency — convened a focused interaction through its Germany Desk, in collaboration with the Embassy of India in Berlin.

The meeting was chaired by Shashank Chaudhary, Additional CEO of Invest UP, along with officials from the German Desk.

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Deepak Singh Randhawa, Second Secretary at the Indian Mission in Germany, reaffirmed the Mission’s commitment to extending full support to Invest UP’s upcoming investment roadshows and B2B engagement programmes. He emphasised the importance of building synergies with German industry associations, chambers of commerce, and SME clusters to maximise outreach and catalyse trade and investment flows from Germany to Uttar Pradesh.

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Highlighting the state’s strong economic fundamentals, Chaudhary emphasised Uttar Pradesh’s robust logistics ecosystem—featuring the highest number of expressways and international airports—alongside an investor-centric regulatory framework and competitive market advantages. He elaborated on the state’s flagship Uttar Pradesh Fortune Global, India-500 Investment Promotion Policy 2023, Global Capability Centres Policy, and Electronics Manufacturing Polic,y which offers globally benchmarked incentives. UP’s FDI Policy offers up to 75% upfront land subsidy, capital expenditure support, and fiscal incentives, making it the most competitive FDI regime in India.

The dialogue also underscored the importance of Ease of Doing Business, the potential for industrial diversification, supply chain integration, and value addition across priority sectors such as Automotive & Mobility, Defence and Aerospace, MedTech, Biotechnology, Green Hydrogen, and Renewable Energy. Chaudhary stressed the need to leverage Indo-German bilateral trade corridors through business roundtables, trade fair participation, and structured investment dialogues, thereby positioning Uttar Pradesh as a regional manufacturing hub within the global value chain.

Both sides agreed to institutionalise a framework for sustained economic diplomacy through virtual investor interactions, sectoral delegation exchanges, and co-branding initiatives at international investment platforms. Invest UP will provide the embassy with sector-specific investment dossiers, GIS-based land bank details, and customised policy briefs to enable data-driven investor outreach in the German market.

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