Singapore/Lucknow, February 23 Singaporean companies are planning to significantly expand their operations in Uttar Pradesh, Prime Minister Lawrence Wong emphasized after meeting Chief Minister Yogi Adityanath on Monday. The Indian leader secured investment pledges amounting to approximately ₹6,650 crore during his visit to the Southeast Asian nation.
Companies from his country are investing in Uttar Pradesh in various sectors, particularly logistics, connectivity, and infrastructure development. There is potential for deeper business and investment collaborations, Wong said in a social media post, praising Uttar Pradesh as the "third largest state economy and one of the fastest-growing regions in India."
"We had a productive discussion about opportunities for Singapore and Uttar Pradesh to strengthen economic ties and support business partnerships. I wish Chief Minister Adityanath a successful visit to Singapore," he said.
Adityanath, who was on a two-day visit to Singapore, stated in a social media post that he had a "constructive exchange of views" with Prime Minister Wong.
With a gross state domestic product (GSDP) of ₹29.7 lakh crore, Uttar Pradesh emerged as the country's third largest state economy in FY 2025, surpassing Karnataka (₹28.8 lakh crore) and only trailing behind Maharashtra (₹45.31 lakh crore) and Tamil Nadu (₹31.1 lakh crore), according to data from the Reserve Bank of India.
"India-Singapore relations have been elevated to a Comprehensive Strategic Partnership, opening new avenues for investment, infrastructure collaboration, and deeper economic engagement. Uttar Pradesh remains committed to further strengthening our economic ties and advancing shared growth priorities," Adityanath said.
Adityanath secured three Memoranda of Understanding (MoUs) worth ₹6,650 crore from Universal Success Group for investments in group housing, a logistics park, and a data center in the state, officials said.
The proposed projects are expected to generate more than 20,000 jobs and strengthen the state's industrial and urban infrastructure, the state government stated in a press release.
The Chief Minister briefed investors on the state's stable policies, improving connectivity, and its rapidly expanding industrial ecosystem. He invited the group to visit Lucknow to explore opportunities for establishing data center facilities and assured them of full support at all levels.
Under the first MoU, an international theme-based township will be developed on 100 acres near the Jewar International Airport in the Yamuna Expressway Industrial Development Authority area. The project involves an investment of ₹3,500 crore and is expected to create around 12,000 jobs. It is planned for launch in 2027 and aims to expand the urban landscape around the airport.
The second MoU relates to the development of a logistics park on 50 acres along the Kanpur-Lucknow Highway with an investment of ₹650 crore. The project is projected to generate about 7,500 jobs and is also planned for launch in 2027. Officials said the facility would play a key role in strengthening industrial and export activities in the state.
The third MoU provides for the establishment of a 40 MW IT power capacity hyperscale data center park on 10 acres in the Noida/Greater Noida region with an investment of ₹2,500 crore.
The project is expected to create around 1,500 jobs and is targeted for launch in 2028. Officials said the investment would help position the state among leading data center hubs in India.
The Chief Minister also had a "meaningful discussion" with Singapore's foreign minister Vivian Balakrishnan.
The two leaders discussed strengthening Uttar Pradesh-Singapore cooperation under the Comprehensive Strategic Partnership, with a focus on investment facilitation, infrastructure collaboration, skill development, and digital economy partnerships.
Adityanath held meetings with Singapore's investment-focused government entities and discussed opportunities for sovereign investment participation in his state. He highlighted the state's policy framework and fast-track clearances for global investors.
"Had a fruitful meeting with Lim Chow Kiat, Chief Executive Officer, GIC, along with his delegation, in Singapore today," he said in another post, after discussions with the Government Investment Corp (GIC).
"Explored avenues for long-term institutional investments in Uttar Pradesh, particularly in infrastructure, logistics, industrial parks, and sustainable urban development projects. Appreciated GIC's existing partnerships in Uttar Pradesh, including its association with IRB in the Ganga Expressway project and collaboration with Greenko in the state," he said.
He also met Tan Su Shan, Chief Executive Officer, DBS Group, and Teo Chee Hean, Chairman, Temasek Holdings (Private) Limited. He reviewed a detailed presentation by 34-year-old Institute of Technical Education (ITE) on skill development and training. ITE is already running a number of programmes in India, including the North East Skill Centre (NESC) under the Assam Skill Development Mission (ASDM).
This is Adityanath's first foreign tour as Chief Minister after his visit to Myanmar in 2017. After spending two days in Singapore, he will travel to Japan on February 25 and 26, where he will engage with industry representatives on green hydrogen, supply chain development, and hospitality investments.
Besides investor meetings, Adityanath will interact with members of the Indian diaspora and students, sharing the state's development journey and vision of becoming a trillion-dollar economy.
