Lucknow, March 20 The Uttar Pradesh government announced on Friday the expedited approval of investment projects, granting in-principle approval to extend the tenure of 108 "Udyami Mitras" until May 2026 to ensure seamless investor support.
According to a press statement released on Friday, a high-level Steering Committee meeting at the Invest UP office highlighted the state's focus on resolving project-level challenges and strengthening institutional frameworks.
The committee also approved the selection process for 24 new Udyami Mitras. This includes 10 positions for Satellite Investment Promotion Offices (SIPOs) in major business hubs, including Mumbai, Bengaluru, Hyderabad, Chennai, and New Delhi, to expand the state's national investment footprint, the statement said.
The committee also reviewed a proposal to establish an Entrepreneurship Development Cell (EDC) at Invest UP, it added.
The cell aims to nurture over 1,000 entrepreneurs through structured six-week programs, sector-driven accelerators, and global market exposure.
The session addressed more than 10 high-value investor issues related to land use conversion, statutory clearances, duty exemptions, and infrastructure connectivity.
Ahead of the launch of Nivesh Mitra 3.0, officials held detailed discussions on enhancing digital investor services and streamlining approvals.
To further improve the ease of doing business in the state, officials directed all departments to adhere to strict timelines.
The meeting was attended by senior officials, including Principal Secretary (Revenue) Aparna U, CEO Invest UP Vijay Kiran Anand, and ACEO Invest UP Prerna Sharma, along with various industry stakeholders.