Uttar Pradesh has secured ₹35,400 crore in renewable energy investment proposals from leading companies, marking a significant boost to the state's green energy roadmap. According to Business Standard, five projects spanning solar and renewable energy are proposed to be developed in Gautam Buddha Nagar district, with the total investment expected to create more than 20,000 jobs. The major commitments include Avaada Electro Limited at ₹16,139 crore generating 7,400 jobs, SAEL Solar P6 Private Limited at ₹8,000 crore, Oriana Power Limited at ₹4,500 crore, and CESC Green Power Limited and IB Solar at ₹3,805 crore and ₹3,000 crore respectively. This renewable energy surge complements the existing ₹3,191 crore projects announced at the UP-Japan Investment Meet 2026.
The event will include a virtual ground-breaking ceremony for projects worth ₹3,191 crore from two major companies. As reported by Business Standard, Escorts Kubota's project worth around ₹2,025 crore in Sector 10 of YEIDA is expected to generate more than 3,800 jobs. Minda Corporation has proposed a total investment of ₹1,166 crore in two projects in Sector 10 and Sector 24, expected to create around 6,440 employment opportunities. Together, these two companies' projects represent an investment of ₹3,191 crore and are expected to create more than 10,000 jobs.
Escorts Kubota has announced a substantial investment of ₹2,000 crore for a cutting-edge manufacturing facility in Uttar Pradesh. According to The Economic Times, the new plant will be developed across 154 acres at Sector 10, Gautam Buddha Nagar, in the industrial area of the Yamuna Expressway Industrial Development Authority (YEIDA). The facility will manufacture tractors, farm implements, construction equipment and engines, and will cater to both domestic and global markets. As part of the phased expansion, there will be capacity expansion of up to 60,000 tractors and 15,000 construction equipment units per annum in the first phase, along with supporting infrastructure and allied facilities.
The CEO Roundtable, to be chaired by the Chief Minister, will focus on future industrial opportunities in the state. According to Business Standard, discussions with industry representatives will cover green hydrogen, renewable energy, electric mobility, semiconductors, advanced materials, automotive components and digital infrastructure. The Japanese delegation, led by Yamanashi Prefecture Governor Kotaro Nagasaki, will be briefed on investment opportunities in Uttar Pradesh and government policies across sectors. The state's success is attributed to its customised incentive framework and support through policies such as the Industrial Investment and Employment Promotion (IIEP) Policy 2022, the FDI/FCI and Fortune 500 Investment Promotion Policy 2023, and the Semiconductor Policy 2024.
The event will also feature a presentation on the proposed 500-acre Japan City in YEIDA. As reported by Business Standard, Alok Kumar, Additional Chief Secretary, Infrastructure and Industrial Development Department, will brief participants on the plan and opportunities available to Japanese companies in the state. Japan City is planned as an integrated industrial ecosystem for Japanese companies, their suppliers and ancillary industries, expected to promote supply-chain integration, technology transfer and employment opportunities. These projects are expected to catalyse ancillary industries, strengthen MSMEs, and accelerate the state's journey towards a $1 trillion economy.
