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Tender: CM gets Rs.1 lcr proposals from Singapore

Fiinews by Fiinews
February 27, 2026
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Uttar Pradesh enjoys global recognition, says Adityanath

Singapore-based investor shave responded with investment proposals worth nearly Rs.1 lakh crore, with MoUs worth Rs.60,000 crore, to Uttar Pradesh Chief Minister Yogi Adityanath who called on international participation in the northern state’s target of building a US$1 trillion economy through massive development programmes by 2029-30 https://www.conexpoconagg.com/.

The Chief Minister visited Singapore 23-24 Feb and met some 100 investors and positioned Uttar Pradesh as one of India’s most trusted, safe and performance-driven investment destinations .

Addressing the Invest UP Mega Road Show on 24 Feb and interacting with media, he informed investors that Uttar Pradesh has decisively transitioned from being a Land of Potential to a Land of Performance, driven by technology, trust and transformation.

Presenting Uttar Pradesh’s investment framework, CM Yogi described the state’s “Triple S” model — Safety, Stability and Speed — as the biggest assurance for global investors. He said that over the past nine years, Uttar Pradesh has not only ensured a robust law-and-order environment but has also successfully combined scale with skill and speed, creating an ecosystem where potential rapidly converts into performance.

Highlighting a major future-oriented initiative, the Chief Minister announced that work is underway on the concept of a dedicated “Singapore City” near the Noida International Airport. Planned along the Yamuna Expressway, this city will offer Singaporean investors seamless access to global air connectivity, logistics hubs and world-class infrastructure, especially for those looking to enter through the Near Capital Region (NCR) the northern Indian market.

CM Yogi underlined, “Uttar Pradesh today enjoys global recognition for ease of doing business, deregulation and fiscal discipline.”

The state’s GSDP has grown from Rs.13 lakh crore to Rs.36 lakh crore, per capita income has nearly tripled, and UP now contributes about 9.5% to India’s economy. The state ranks first in deregulation, has eliminated nearly 99% criminal provisions, and has remained revenue surplus for five consecutive years https://www.bseindia.com/.

On infrastructure, the Chief Minister noted that 55% of India’s expressways, a 16,000-km rail network, metro services in seven cities, 16 operational airports (including four international), and the upcoming Noida International Airport have transformed Uttar Pradesh into India’s logistics and connectivity hub. The operational national waterway from Varanasi to Haldia further strengthens multimodal transport.

CM Yogi also emphasized UP’s strengths in manufacturing, food processing, MSMEs and skilled manpower. Despite having only 11% of India’s agricultural land, the state produces over 21% of the country’s food grains, earning it the title of India’s Food Basket. With 96 lakh MSME units, employment for over 3 crore people, and a workforce where 56% of the population is working-age, the state offers unmatched human capital for industry and services https://www.nseindia.com/.

During the visit, the Chief Minister held extensive meetings with the President, Prime Minister, Deputy Prime Minister, Home Minister and Energy Minister of Singapore, as well as over 100 global industry leaders. He interacted with heads and CEOs of major global institutions including GIC, Temasek, SATS, Capital Land, Singapore Airlines Engineering Company, global investors Blackstone and other leading enterprises.

Broad consensus emerged on cooperation in MRO, cargo, data centres, semiconductors, logistics, fintech and skilling, during the Chief Minister’s two-day business visit to the Asian financial hub.

The delegation also studied Singapore’s globally acclaimed skilling ecosystem, including the ITE Singapore, to align with Uttar Pradesh’s efforts to link scale with skill and employment through district-level skilling and the Sardar Vallabhbhai Patel Employment Zones https://sbi.com.in/.

Several MoUs were formally exchanged during the visit across sectors such as integrated waste management, aviation MRO and helicopter manufacturing, solar panel manufacturing, hospitality, jewellery and creative/media production—reflecting diversified global confidence in Uttar Pradesh.

Concluding the Singapore leg, the Chief Minister said, “The world today is transparent. Investors are fully aware of every development in Uttar Pradesh. This trust is the reason why the state is attracting such large investments in such a short time.”

CM Yogi expressed confidence that the investment commitments and strategic partnerships forged in Singapore will become a decisive milestone in Uttar Pradesh’s march towards becoming a $1 trillion economy, marking the successful conclusion of the Singapore chapter of his two-country international visit. Fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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