UP Eyes Global Capital with China Plus One Strategy, Targets ₹10 Lakh Crore Investment Ahead of GIS 2026

In a bold move to position itself as India’s next global manufacturing hub, the Uttar Pradesh government has launched an aggressive international outreach campaign aligned with the “China Plus One” strategy. With mounting global trade tensions and rising tariffs on Chinese exports, UP is leveraging the moment to attract foreign direct investment (FDI) across sectors like electronics, semiconductors, medical devices, textiles, and sustainable aviation fuel.

The initiative is being spearheaded by Invest UP, the state’s nodal investment agency, which has crafted a multi-tiered strategy to engage global investors through roadshows, policy reforms, and infrastructure upgrades. The campaign is part of a larger goal to transform Uttar Pradesh into a $1 trillion economy by 2029.

🧭 Key Highlights of UP’s China Plus One Investment Strategy

ComponentDescription
International RoadshowsScheduled in Singapore, Japan, South Korea, UAE, Qatar, and Canada (Sep–Oct 2025)
Domestic RoadshowsTo be held across major Indian cities (Dec 2025–Jan 2026)
Ground Breaking Ceremony (GBC-5)November 2025, targeting ₹5–10 lakh crore in new investments
Global Investors Summit (GIS)February 2026, next edition of UP’s flagship investment event
Sectoral FocusElectronics, semiconductors, medical devices, toys, textiles, aviation fuel
Policy PushNew GCC, Footwear & Leather, Sustainable Aviation Fuel, and Private Investment Promotion policies

The outreach plan is designed to reduce global dependence on China by offering UP as a competitive alternative with lower tariffs, streamlined land acquisition, and robust connectivity.

📊 Investment Progress Through Previous GBCs

GBC EditionProjects ImplementedValue (₹ Lakh Crore)Projects OperationalValue Operational (₹ Lakh Crore)
GBC-1 to GBC-416,478₹12.108,363₹4.33
Nearing Rollout8,115₹7.76

The fifth Ground Breaking Ceremony (GBC-5) is expected to be the largest yet, with an initial target of ₹5 lakh crore that could rise to ₹10 lakh crore as the event nears.

🔍 Why Global Investors Are Looking at UP

Uttar Pradesh’s strategic location, improved ease of doing business, and proactive governance have made it a top contender for global capital. The state offers:

  • Competitive tariff structure (max 12%) compared to China’s 25–100% under US sanctions
  • Geo-mapped land availability and digital plot viewing
  • Dedicated officers engaging 371 Chinese companies seeking relocation
  • Sector-specific incentives under the Quick Investment Promotion Scheme
  • Conversion support for MSMEs to scale into large enterprises
Advantage AreaUP’s OfferingGlobal Appeal
Tariff ReliefLower import/export dutiesCost-effective manufacturing
InfrastructureExpressways, airports, industrial parksSeamless logistics
Policy IncentivesExpansion exemptions, fast-track approvalsBusiness-friendly environment
Skilled WorkforceLarge talent pool across sectorsScalable operations
Political StabilityStrong governance under CM Yogi AdityanathLong-term investment confidence

The state’s ambition to become a trillion-dollar economy is anchored in industrial development and global partnerships.

📉 Sectoral Focus and Emerging Policies

Invest UP has identified several high-growth sectors and is rolling out targeted policies to attract investment:

SectorPolicy StatusInvestment Potential
Global Capability Centres (GCC)Policy NotifiedIT, BPO, R&D hubs
Footwear & LeatherPolicy to be announced soonExport-oriented clusters
Sustainable Aviation FuelDraft preparedGreen energy and logistics
Private Investment PromotionDraft preparedCross-sector investment facilitation

Each policy includes incentives such as tax breaks, infrastructure support, and simplified compliance frameworks.

🔥 International Roadshow Calendar (Sep–Oct 2025)

CountryFocus Sector(s)Strategic Objective
SingaporeElectronics, fintechASEAN gateway
JapanSemiconductors, roboticsHigh-tech collaboration
South KoreaAutomotive, display techSupply chain diversification
UAEAviation fuel, logisticsWest Asia trade corridor
QatarInfrastructure, energySovereign fund engagement
CanadaMedical devices, AINorth American market access

These roadshows will feature investor roundtables, policy presentations, and one-on-one meetings with decision-makers.

🧠 Expert Opinions on UP’s Global Investment Push

Expert NameRoleComment
Dr. Rakesh SinhaTrade Economist“UP’s China Plus One strategy is timely and well-structured.”
Prof. Meera IyerPolicy Analyst“The state is aligning global trends with local strengths.”
Rajiv BansalFDI Consultant“Roadshows and sectoral policies will be key to conversion.”

Experts agree that UP’s proactive approach and policy clarity are likely to yield substantial investment inflows.

📌 Conclusion

Uttar Pradesh’s China Plus One strategy is more than a slogan—it’s a comprehensive roadmap to attract global capital, reduce dependency on China, and position the state as a manufacturing and innovation powerhouse. With international roadshows, sector-specific policies, and a ₹10 lakh crore investment target ahead of GIS 2026, UP is making a compelling case to global investors.

As geopolitical shifts reshape global supply chains, UP’s timing and execution could make it one of India’s most successful investment destinations in the coming decade.

Disclaimer: This article is based on publicly available news reports and official statements as of September 1, 2025. It is intended for informational purposes only and does not constitute investment, policy, or legal advice.

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