3 weeks ago

UP secures Rs 45,000 crore investment commitments from eight firms

UP secures Rs 45,000 crore investment commitments from eight firms
UP lands major investment commitments; 8 firms commit Rs 45,000 crore in semiconductor, green energy sectors · financialexpress.com

Some very important companies have promised to give a lot of money to build factories in a part of India called Uttar Pradesh.

Eight companies together promised more than 45,000 crore rupees.

That is a huge amount of money, like many, many pocket-money collections!

The factories will make things like computer chips, electronics, and solar panels that use sunlight to make electricity.

This is good because it will create more than 25,000 new jobs for people.

Most of the building will happen in a place called Gautam Buddha Nagar.

One company is even building a big factory on 200 acres of land that can make solar parts.

The leaders of Uttar Pradesh are very happy because this helps their state grow stronger.

All of this was announced on August 8, 2026.

Key facts

Total investment committed
Over Rs 45,000 crore
Number of companies
8
Direct jobs expected
More than 25,000
Renewable energy share
Over Rs 32,000 crore
Largest commitment
Avaada Electro — Rs 16,139 crore
Semiconductor project
HCL-Foxconn — Rs 3,706 crore via India Chip Pvt. Ltd.
Key location
Gautam Buddha Nagar (Noida, Greater Noida, Jewar)
Supporting policies
IIEP Policy 2022, FDI/FCI Policy 2023, Semiconductor Policy 2024

Quotes

Awanish Awasthi

Advisor to the Uttar Pradesh government and former Chief Secretary

“"Uttar Pradesh’s investment story gets another major boost! Eight leading companies are set to invest Rs 45,000+ crore across key sectors, creating thousands of jobs and strengthening UP’s position as a leading hub for manufacturing, electronics, renewable energy and innovation."”
financialexpress.com

Sources

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