UP Signs ₹6,650 Crore MoUs In Singapore
The Uttar Pradesh government has signed three Memorandums of Understanding worth ₹6,650 crore during an investment outreach visit to Singapore, aiming to attract foreign capital and strengthen industrial partnerships. Officials said the agreements span sectors including manufacturing, infrastructure and technology.
Uttar Pradesh Government Signs ₹6,650 Crore MoUs In Singapore
During an official visit to Singapore, representatives of the Uttar Pradesh government formalised three investment agreements valued at ₹6,650 crore. The state administration said the MoUs are expected to bring significant capital inflow and generate employment opportunities across key districts.
The agreements are part of Uttar Pradesh’s broader strategy to position itself as an attractive destination for global investors under its industrial development roadmap.
Focus On Manufacturing And Infrastructure Investment
According to officials, the MoUs cover proposed investments in manufacturing facilities, logistics infrastructure and technology-driven projects. The state government highlighted its improved ease-of-doing-business framework, infrastructure expansion and policy incentives as factors drawing investor interest.
The Singapore outreach is aligned with ongoing efforts to diversify foreign direct investment sources and build international industrial collaborations.
Investment Push Ahead Of Industrial Expansion
The agreements are expected to contribute to industrial expansion and job creation in Uttar Pradesh. Officials said implementation timelines and project details will be finalised following due diligence and regulatory approvals.
The state government has been conducting overseas roadshows to secure investments and strengthen economic ties with global business hubs. Further announcements are anticipated as discussions with investors progress.
