Particle.news

Download on the App Store

Uttar Pradesh Approves Overhaul of Invest UP With Sector Cells and Metro Offices

The overhaul is designed to centralize investor services for faster project execution.

Overview

  • In the first Invest UP governing body meeting, CM Yogi Adityanath cleared an immediate restructuring to make the agency a single, outcome-focused investment facilitation body.
  • Dedicated specialist cells will target textiles, automobiles and e-mobility, chemicals, electronics and services, with satellite outreach offices to open in Mumbai, Bengaluru, Hyderabad, Chennai and New Delhi.
  • Administrative upgrades include sanctioning 11 general manager/assistant general manager posts, deputing two joint chief executive officers and creating a Land Bank Cell staffed by PCS officers.
  • An upgraded Nivesh Mitra Portal 3.0 will add single sign-on and an AI-based chatbot while aiming to reduce processing time by 30% and documentation by 50%, alongside monthly targets and timely Letters of Comfort and incentive releases.
  • Officials reported nearly 4,000 new factories in 2024–25 for a total of around 27,000, with account managers assigned to 814 Fortune 1000 companies, 50 new MoUs signed and talks underway with more than 280 companies.