Invest UP offices to attract investment in various sectors will open in these cities including Bengaluru-New Delhi - invest offices to attract investment in key sectors

Invest UP’s offices will attract investments in various sectors will open in these cities including Bengaluru-New Delhi. They seek to attract investment in various sectors such as financial services, infrastructure, pharmaceuticals, automotive and technology. Each office will have specialist staff and the total annual expenditure for this is estimated at over Rs 12 crore. This step was taken to promote investment in the state. Rabyu, Lucknow. Invest UP’s satellite offices to be established in five major cities will attract investments in different sectors. In this context, according to the strategy of Invest UP, financial services, infrastructure, fintech and ESG (Environmental and Social Governance) funds will be attracted to the state from the Mumbai office. Remove Ads Read Only News Bengaluru office will make efforts to bring investment in GCC (Global Capability Centre), Aerospace, Semiconductor, EV (Electric Vehicle) and DeepTech sectors. The Hyderabad office will invite investments in the fields of pharmaceutical, data center and health technology industries. The Chennai office will make efforts to bring in investments in the automobile, electronics, textile and hardware manufacturing industries. Apart from this, the office in New Delhi will function as the facilitation office of Asia and the European Union. Chief Minister Yogi Adityanath approved the restructuring of Invest UP last week. Following this, Invest UP prepared a strategy to establish satellite offices in five major cities to increase investment in the state. One general manager, one assistant general manager, two entrepreneur friends and other employees will be deployed in each office. A total annual expenditure of over Rs 12 crore is estimated to be spent on all five offices.