To attract investments and position Uttar Pradesh as a preferred global investment destination, the Yogi Adityanath government is courting Taiwan to forge strategic ties.
In this regard, a high-level meeting was convened today to unlock new opportunities in semiconductors data centres, and advanced technology sectors.
The meeting – chaired by Vijay Kiran Anand, CEO, Invest UP – witnessed participation from senior global industry leaders and Taiwan experts including Suresh Chandra (Director, STQC), Suresh Kumar Tulluri (CEO, Supermicro), Sanjeev Mehta (Co-founder & Global CEO, Akashaverse), Nachiket Tiwari (IIT Kanpur) among others.
Discussions focused on exploring joint ventures, investment opportunities, and long-term collaborations between Taiwan and UP.
Recognising Taiwan’s global leadership in electronics and semiconductor manufacturing and Up’s growing potential in data-driven sectors, both sides deliberated on collaborative models to leverage mutual strengths.
To build on this momentum, Invest UP has established a dedicated Taiwan Desk to facilitate new projects and streamline investor support under progressive flagship policies such as the UP FDI/FCI & Fortune Global-500 and Fortune India-500 Investment Promotion Policy 2023.
Soon, a delegation from UP will visit Taiwan to further deepen engagement and promote trade and investment ties.
During the meeting, UP’s competitive advantages for high-technology industries were highlighted — particularly its potential as a hub for Global Capability Centres (GCCs).
Cities such as Noida, Lucknow, Agra, Kanpur, and other Tier-2 locations offer ample commercial space suitable for GCC setups.
The CEO emphasised the state’s reliable electricity and water supply, abundant talent pool, and proactive policy support, making it one of the most cost-effective and scalable destinations for data centre operations in Asia.
Participants acknowledged UP’s emergence as India’s leading GCC hub, driven by strong infrastructure, simplified Ease of Doing Business (EoDB) practices, and game-changing projects like the Noida International Airport.
Discussions highlighted high-potential sectors viz. semiconductors, bioplastics, defence, aerospace, and advanced technologies, supported by over 34+ sector-specific policies and tailored investment packages.
The meeting concluded with a shared commitment to long-term collaboration, positioning Uttar Pradesh and Taiwan as strategic partners in industrial growth and global innovation.