Satellite offices of Invest UP will be opened in five metropolitan cities of the country to prepare to give new impetus to industrial development in the state

Digital Desk, Lucknow. The Uttar Pradesh government led by Chief Minister Yogi Adityanath has taken another big step to attract investors. Now, satellite investment promotion offices of ‘Invest UP’ will be opened in five major metros of the country—Mumbai, Bengaluru, Hyderabad, Chennai and New Delhi. Its aim is to bring capital investment from major industrial centers of the country directly to Uttar Pradesh and connect investors with the policies and possibilities of the state. There will be dedicated staff in each office. Chief Minister Yogi Adityanath has already given green signal to the restructuring proposal of Invest UP. In this sequence, it is proposed to establish these satellite offices, which will give a new impetus to the industrial development in the state. A team of one general manager, one assistant general manager, two entrepreneur friends, two managers and two office assistants will work in each office. A total annual expenditure of over Rs 12 crore is estimated to be spent on all five offices. Focus will be on strategic areas: According to the government’s plan, the satellite office of each city will focus on strategic areas according to its geographical and industrial characteristics. The Mumbai office will focus on financial services, infrastructure, fintech and ESG funds. The Bengaluru office will focus on GCC, aerospace, semiconductor, EV and deep technology sectors. The Hyderabad office will focus on the pharmaceutical, data center, health technology and enterprise SaaS industries. The Chennai office will attract investment in the automotive, electronics, textile and hardware manufacturing industries. The New Delhi office will serve as the dedicated Invest UP and Asia-EU facilitation office. The ‘Ease of Doing Business’ image will be strong and this move by the Yogi government will prove to be important to increase closer communication with investors and further strengthen the ‘Ease of Doing Business’ image of the state. Chief Minister Yogi Adityanath says that Uttar Pradesh has now not only become a consumer state but also a favorite destination for investors. Satellite offices will act as a bridge in this direction. Through these satellite offices, Uttar Pradesh will establish its permanent presence among the top industrial centers of the country and create a new identity on the global investment map.