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.