Key Points
- Investment proposals worth over ₹50,000 crore received at Bengaluru roadshow
- Prestige leads with ₹15,000 crore commitment for industrial parks
- State targets 40 million sq ft Grade-A office space and 500 GCC units by 2031
Uttar Pradesh secured investment proposals worth over ₹50,000 crore at the UP Global Growth Dialogue 2026 in Bengaluru on Wednesday (24 June), with more than 15 companies signing memoranda of understanding with the state government.
Chief Minister Yogi Adityanath led the investor outreach event, which focused on attracting Global Capability Centres — offshore offices where multinational companies centralise technology, research and back-office operations — as well as industrial parks, electronics manufacturing and logistics projects.
The largest commitments came from real estate and infrastructure developers. Prestige Group proposed ₹15,000 crore for industrial and business parks, followed by Horizon (backed by Blackstone) at ₹10,000 crore. Embassy and Raheja Mindspace REIT each proposed ₹5,000 crore, while Sattva Developers committed ₹4,000 crore. Shriram Properties also signed an MoU to develop private industrial parks in the state.
GCC operators and talent development partnerships
In the Global Capability Centre segment, LG, Aon, MetLife and Table Space signed investment MoUs with the state. TeamLease signed a separate non-financial agreement to support GCC talent development, aimed at building a pipeline of skilled professionals for knowledge-based industries.
The chief minister held three roundtable sessions with industry executives during the event. The first focused on urban infrastructure development, the second on GCCs and IT-enabled services, and the third on foreign direct investment trends in the state.
Adityanath outlined the state’s GCC development roadmap, stating that the government aims to develop 40 million square feet of Grade-A office space — premium commercial buildings meeting international standards — and establish 500 GCC units by 2031.
STEM talent and FDI targets
The state produces nearly 200,000 STEM graduates — students with degrees in science, technology, engineering and mathematics — annually, according to figures presented at the event. The government said it is prioritising skill development in artificial intelligence, machine learning, cybersecurity and cloud computing.
By the numbers
- ₹50,000 crore
- Total investment proposals received
- ₹15,000 crore
- Prestige Group commitment — largest single proposal
- 500 GCC units
- State target for Global Capability Centres by 2031
Uttar Pradesh is targeting a position among India’s top three destinations for foreign direct investment. The state government cited its incentive framework, single-window clearances and infrastructure development as factors intended to attract global companies.
The Bengaluru roadshow forms part of a broader investor outreach programme ahead of upcoming investment summits. The state had previously hosted similar events in other cities to position itself as an alternative to established business hubs.
Your Questions, Answered
How much investment did Uttar Pradesh receive at the Bengaluru roadshow?
Uttar Pradesh received investment proposals worth over ₹50,000 crore at the UP Global Growth Dialogue 2026 in Bengaluru, with more than 15 companies signing memoranda of understanding with the state government.
Which companies made the largest investment commitments to Uttar Pradesh?
Prestige Group proposed the largest commitment at ₹15,000 crore, followed by Horizon (Blackstone) at ₹10,000 crore, Embassy and Raheja Mindspace REIT at ₹5,000 crore each, and Sattva Developers at ₹4,000 crore.
What are Uttar Pradesh's GCC development targets?
The state aims to develop 40 million square feet of Grade-A office space and establish 500 Global Capability Centre units by 2031, supported by nearly 200,000 STEM graduates produced annually.
Which GCC companies signed MoUs with Uttar Pradesh?
LG, Aon, MetLife and Table Space signed investment MoUs in the GCC segment. TeamLease signed a non-financial agreement to support talent development for Global Capability Centres in the state.
