UP showcases its industrial growth at Global Biz Summit

Lucknow: In a renewed push to attract investments, Uttar Pradesh made a strong pitch to domestic and global investors at the Global Business Summit 2026 in Delhi, positioning itself as one of India's fastest-growing investment destinations.Officials from Invest UP showcased the state's industrial ecosystem, policy reforms and infrastructure readiness, highlighting connectivity, market size and governance as key advantages.
Speaking at the summit, industrial and infrastructure development commissioner Deepak Kumar said connectivity, a vast consumer base, and robust law and order are the three foundational pillars driving the state towards a trillion-dollar economy, in line with the vision of CM Yogi Adityanath. He said Uttar Pradesh clocked a growth rate of around 16%, significantly higher than the national average.Kumar underlined the state's infrastructure edge, noting that UP accounts for nearly 55% of India's expressway network and has 16 domestic and 5 international airports. The upcoming Noida International Airport at Jewar, he said, is set to emerge as one of Asia's largest aviation hubs and a game changer for trade and logistics. Nearly 30% of the Dedicated Freight Corridor also passes through the state.He pointed to rapid progress in the Uttar Pradesh Defence Industrial Corridor, with arms and ammunition manufacturing advancing across 6 nodes. According to Kumar, over 65% of India's mobile phones and nearly 55% of electronic components are now manufactured in the state. At the Invest UP pavilion, ACEO Prerna Sharma held strategic meetings with investors across electronics, EVs, GCCs and advanced manufacturing, signalling the state's shift from investment intent to execution-driven growth.