To foster its ambitious $one trillion economy goal, Uttar Pradesh is looking to forge business and trade ties with Germany, which is the top economy of the European Union (EU).
As part of its strategic foreign outreach, ‘Invest UP’ has established a dedicated Germany Desk under its Country Desk initiative to foster targeted international partnerships.
Recently, the Desk held a virtual meeting with ‘Invest in Bavaria’ — the official investment promotion agency of Bavaria, one of Germany’s leading economic states.
The session was led by Shashank Chaudhary, Additional CEO, Invest UP.
Representing Bavaria, John Kotwal and Srikant S presented an overview of the region’s dynamic investment ecosystem, which is home to over 130 Indian companies and ranks as the seventh-largest economy in the EU.
The dialogue centered on building a collaborative framework in the run up to the proposed UP Global Investors Summit (GIS) 2025, which is being planned by the Yogi Adityanath government to position the state as a leading investment hub in Asia.
Key sectors identified for partnership included Automotive & Mobility, Defence & Aerospace, Medical Technology and Biotechnology.
Chaudhary highlighted UP’s progressive investment policies, particularly the FDI Policy offering a 75% upfront land subsidy — an unmatched incentive across India.
He emphasised the importance of leveraging Indo-German ties through targeted business roundtable meetings, participation in German trade fairs, and structured outreach to position UP as a preferred investment destination.
Both sides are committed to sustained engagement through virtual interactions, delegation exchanges, and joint participation in global investment platforms, a senior UP official said.
He said Invest UP will share tailored policy briefs, land bank data, and sector-specific opportunities with its Bavarian counterparts.