Looking to attract offshore investments, Uttar Pradesh is actively engaging with foreign high commissions and embassies to showcase UP as a viable investment destination.
In this context, the Germany Desk of ‘Invest UP’ – the investment agency of the state government – convened a high-level virtual meeting with Ajit Vinayak Gupte, Ambassador of India to Germany to accelerate German investments in UP.
The session was led by Dr K V Raju, Economic Advisor to the UP Chief Minister, Yogi Adityanath.
Ambassador Gupte commended the state’s investor-friendly ecosystem and emphasised the importance of engaging key German trade bodies such as the Indo-German Chamber of Commerce (IGCC) and sector-specific associations.
He recommended organising a roadshow in Germany’s industrial hubs to showcase UP’s investment potential.
The dialogue underscored UP’s proactive approach to fostering Indo-German economic ties, with a focus on advanced manufacturing, defence and mobility.
Invest UP highlighted the state’s robust infrastructure, progressive policies and skilled workforce — making it a compelling destination for global investors, a senior official said.
Notably, the state’s FDI Policy offers a 75% upfront land subsidy, positioning UP among India’s most competitive investment locations.
To strengthen Indo-German collaboration, Invest UP proposed outreach initiatives including participation in German trade fairs, curated business roundtables, and strategic roadshows.
These efforts aim to deepen engagement, unlock new partnerships, and position UP as a gateway for German industries seeking growth in India.
The meeting marks a significant step in advancing bilateral investment and reaffirms UP’s commitment to global economic integration.