| Category | Details |
|---|---|
| Why in News? | Uttar Pradesh (UP) is intensifying global outreach to attract multinational manufacturers under the China+1 strategy, aiming to become a USD 1 trillion economy. |
| China+1 Strategy | Global trend where companies diversify manufacturing beyond China to reduce risks from geopolitical tensions and supply chain disruptions. |
| Global Outreach | Invest UP leading roadshows in USA, Europe, UK targeting Fortune 500 companies via B2G meetings in hubs like New York, London, Paris. Collaborations with USIBC, CII, FICCI and Indian embassies. |
| Key Investments | - Electronics: Rs 3,700 crore HCL-Foxconn OSAT for semiconductors.- Textiles: PM MITRA Mega Textile Park and mini parks for synthetic/defence/medical textiles.- EVs: 36 GWh battery production target by 2028 under EV Policy 2023.- Digital Infrastructure: Noida-Greater Noida as India's top data centre hub; plans for AI City. |
| Invest UP | UP's nodal agency for investment promotion (formerly Udyog Bandhu). Aims to make UP India's top investment destination by facilitating policy formulation and resolving industry issues. |
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