UP Targets ₹5 Lakh Crore Investments in GBC 5, Global Roadshows Planned Ahead of Ground Breaking Ceremony

Lucknow : The Uttar Pradesh government is gearing up for Ground Breaking Ceremony 5 (GBC 5), scheduled for November 2025, with an ambitious goal of rolling out investments worth over ₹5 lakh crore, which could rise to ₹10 lakh crore or more by the time of the event. Preparations have begun in full swing under the leadership of Industrial Development Minister Nand Gopal Gupta ‘Nandi’, who chaired a comprehensive review meeting at PICCUP Bhawan on Monday.

To ensure GBC 5 is a resounding success, the state will host international roadshows in countries including China, Singapore, South Korea, UAE, Qatar, and Canada, aimed at attracting global investors and accelerating project implementation.

HRMS Portal Launched for Entrepreneur Support

In a key development to ease investor operations, Minister Nandi inaugurated the Human Resource Management System (HRMS) Portal, developed by Invest UP. The portal is designed to streamline the work of Udyami Mitras (entrepreneur facilitators) across districts and enhance their role as a bridge between investors and the government.

Key Directives and Updates from the Review Meeting:

  • Minister Nandi directed officials to review the personnel cadre, appoint officers on deputation, and recruit youth from reputed institutions via campus interviews to meet growing demands in industrial growth.
  • Underlining UP’s transformation into India’s growth engine, the Minister emphasized the commitment to making the state a $1 trillion economy.
  • The previous GBC events have already yielded notable outcomes:
  • ₹12.10 lakh crore worth of investments across 16,478 projects were showcased.
  • Out of these, projects worth ₹4.33 lakh crore are operational, and ₹7.76 lakh crore are under implementation.

New Investment Leads and Industry Engagement:

  • 62 companies pledging ₹2 lakh crore have recently been issued Letters of Comfort (LOC).
  • The target is to issue LOCs to 10 companies every month.
  • 371 companies from China have expressed interest in investing in UP, with contact and meetings currently underway.
  • 814 companies from the Fortune 500 and Fortune Next 500 India lists have been assigned dedicated account managers.
  • 70 out of 574 PLI-approved projects from the Centre are currently being implemented in UP.

Women and Inclusive Growth:

A progressive policy shift is allowing women to work in previously restricted sectors like pottery, brassware, carpet, and lock manufacturing. Further efforts are in progress to open more factories for female participation, signaling the state’s commitment to inclusive industrial development.

Infrastructure Investment:

A proposal of ₹1,400 crore for logistics and industrial infrastructure development has been submitted to the Public Works Department. This will significantly boost connectivity and investor facilitation.

Remarks from Officials:

CEO Invest UP Vijay Kiran Anand informed that coordination with Invest India is ongoing to tap new investment leads. He added that 19,523 MoUs have been shared with Udyami Mitras and district industries centers (DICs) to aid implementation at the grassroots.

Minister Nand Gopal Gupta emphasized, “With strong leadership under PM Narendra Modi and CM Yogi Adityanath, UP has emerged as the new industrial powerhouse. It’s now our collective responsibility to deliver on this promise with efficiency and dedication.”

The meeting was attended by Secretary Industrial Development Pranjal Yadav, MD PICUP Piyush Verma, Special Secretary C.V. Singh, and other senior officials.

As the countdown to GBC 5 begins, Uttar Pradesh is set to reaffirm its position as India’s most dynamic investment destination, laying the foundation for unprecedented economic growth and job creation.

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