Introduction

Uttar Pradesh Chief Minister Yogi Adityanath's official visit to Singapore (February 22–24) and Japan (February 25–26) has emerged as one of the most consequential investment outreach efforts undertaken by any Indian state government in recent years. Undertaken as part of the UP Invest Roadshow, the twin-country visit generated MoUs worth ₹1.5 lakh crore and fresh investment proposals amounting to ₹2.5 lakh crore, spanning sectors ranging from semiconductors and data centres to green hydrogen and advanced manufacturing.

The visit is expected to serve as a key milestone in Uttar Pradesh's stated goal of becoming a one-trillion-dollar economy by 2029–30. With a Gross State Domestic Product of ₹30.25 lakh crore in 2024–25, projected to reach approximately ₹36 lakh crore in 2025–26, UP is positioning itself as one of India's most competitive destinations for global capital.


Singapore Visit (February 22–24, 2026)


High-Level Government Engagements

The Singapore leg of the visit was anchored in high-level political diplomacy. Chief Minister Yogi Adityanath held meetings with Singapore's top leadership, including:

  • President Tharman Shanmugaratnam (meeting took place on February 24)
  • Prime Minister Lawrence Wong, who described UP as India's third-largest economy and noted that Singaporean companies are actively investing in the state, particularly in logistics, connectivity, and infrastructure
  • Minister for Foreign Affairs Vivian Balakrishnan, who described Uttar Pradesh as "India's most populous state and among its fastest-growing economies, with a young and dynamic workforce"
  • Minister for Manpower and Minister-in-charge of Energy and Science and Technology Tan See Leng

The discussions were framed within the India–Singapore Comprehensive Strategic Partnership (CSP) Roadmap, which identifies priority collaboration areas including economic cooperation, digitalisation, skills development, sustainability, connectivity, and advanced manufacturing.



Investor Meetings and Business Engagements


Beyond governmental meetings, the Chief Minister held substantive discussions with leaders from Singapore's top financial and infrastructure institutions:

  • Tan Su Shan, CEO, DBS Group — financial cooperation and infrastructure project financing for UP
  • Lim Chow Kiat, CEO, GIC — long-term institutional investments in infrastructure, logistics, and sustainable urban development; GIC is already a partner in projects such as the Ganga Expressway
  • Teo Chee Hean, Chairman, Temasek — sovereign investment opportunities in data centres, renewable energy, and industrial infrastructure
  • Kerry Mok, President and CEO, SATS Ltd. — aviation sector collaboration
  • Leaders from Mapletree, PSA India, Greenfield Ventures, AVPN, Kaizenvest, and the Private Infrastructure Development Group — covering logistics, green energy, sustainable infrastructure, and impact investment



Skill Development and Vocational Training


The Chief Minister reviewed Singapore's technical and vocational education model at the
ITE College Central campus, including its Aviation Hub facilities. MoUs were signed to strengthen collaboration in technical and vocational education, aviation skills, and industry-aligned training programmes.

UP Investors' Roadshow — Singapore Business Federation


CM Yogi addressed business leaders at the UP Investors' Roadshow organised by the
Singapore Business Federation. He described the "new Uttar Pradesh" as offering safety, stability, and speed to investors.



On the
first day alone, UP secured total investment commitments of ₹19,877 crore. The single largest proposal came from Universal Success Group, which committed ₹6,650 crore for group housing, a logistics park, and a data centre.

Sectoral Focus Areas


Key sectors covered during the Singapore engagements included:

  • MRO (Maintenance, Repair & Overhaul) and cargo hubs — positive discussions were held on developing the Noida International Airport at Jewar as an MRO and cargo hub
  • Semiconductors and data centres — UP is positioning land parcels near Jewar Airport as potential sites for hyperscale and AI-enabled data infrastructure
  • Logistics and fintech
  • Skill development and digital economy

Singapore is India's largest source of Foreign Direct Investment, contributing USD 14.94 billion in FY 2024–25.


Japan Visit (February 25–26, 2026)


UP Investment Roadshow, Tokyo

Following Singapore, Chief Minister Yogi Adityanath arrived in Tokyo to host the UP Investment Road Show, where he invited Japanese industrialists and investors to explore opportunities in Uttar Pradesh. He stated that "Uttar Pradesh has emerged as the most preferred state for investment in India due to its secure environment, strong infrastructure, large market potential, and young workforce."



He also referred to Japan as the
"Land of the Rising Sun", and drew a cultural connection by noting that Uttar Pradesh is the birthplace of Lord Ram and a significant node of India's Buddhist heritage.


MoUs Signed — Day One: ₹11,000 Crore


On the first day of the Japan visit, MoUs worth approximately
₹11,000 crore were signed with a range of Japanese companies. The companies included:

Company

Sector

Kubota Corporation

Agricultural machinery and equipment

Minda Corporation (with Toyo Denso)

Automobiles and auto components

Japan Aviation Electronics Industry

Electronics and defence

Nagase & Co. Ltd.

Chemicals and technology

Seiko Advance

Industrial printing and graphics

O&O Group

Hospitality and real estate

Fuji Partnership / Fuji Silvertech Concrete

Industrial infrastructure


B2G (Business-to-Government) Meetings


In separate B2G interactions, senior representatives from the following corporations engaged with the UP government:

  • Suzuki Motor Corporation
  • Honda Cars India Ltd.
  • Konoike Transport Co. Ltd.
  • Mitsui & Co. Ltd. — discussions centred on renewable energy, ICT, semiconductor manufacturing, data centres, and logistics
  • Rapidus Corporation
  • Marubeni Corporation
  • Sumitomo Realty & Development Co. Ltd.
  • MUFG Bank


Japan City in YEIDA Region


A centrepiece announcement of the Japan visit was the confirmation that a dedicated
500-acre "Japan City" will be developed in the Yamuna Expressway Industrial Development Authority (YEIDA) region, near the upcoming Noida International Airport. The township is envisioned as an exclusive industrial ecosystem for Japanese companies, with dedicated auto clusters and R&D facilities for OEMs and component manufacturers.


The
Japan Desk at Invest UP will be further strengthened, with direct monitoring by the Chief Minister's Office (CMO), to ensure seamless facilitation of Japanese investment.



Green Hydrogen Centre of Excellence


A significant announcement on clean energy was the establishment of a
Green Hydrogen Centre of Excellence, to be developed collaboratively between:

  • University of Yamanashi (Japan)
  • Yamanashi Hydrogen Company (Japan)
  • IIT Kanpur
  • Harcourt Butler Technical University (HBTU)
  • IIT BHU
  • Madan Mohan Malaviya University of Technology (MMMUT)


Technology and Industrial Visits


Chief Minister Yogi Adityanath visited the
L0-Series Maglev Train Station and experienced a ride on the high-speed train, exploring possibilities for collaboration in advanced transport technologies.



He also inspected
FANUC Corporation's industrial robot and factory automation plant. FANUC expressed interest in investing in UP and supporting technological upgradation of the state's MSME sector.

Tourism and Cultural Collaboration


Both sides agreed to strengthen tourism ties by linking UP's globally significant
Buddhist Circuit and Ramayana Circuit with Japan's cultural interest in these heritage routes, promoting spiritual, cultural, and heritage tourism between the two regions.

Cumulative Investment Outcomes

Category

Amount

MoUs Signed (Singapore + Japan combined)

₹1.5 lakh crore

Fresh Investment Proposals Received

₹2.5 lakh crore

Day 1 Investment (Singapore)

₹19,877 crore

Day 1 MoUs (Japan)

~₹11,000 crore


Context: Uttar Pradesh's Economic Standing


Uttar Pradesh is India's most populous state and its
third-largest economy. Its GSDP stood at ₹30.25 lakh crore in 2024–25 and is projected at approximately ₹36 lakh crore in 2025–26. The state has an extensive expressway network, the country's largest rail network, and sits at the junction of the Eastern and Western Dedicated Freight Corridors. Twenty-seven industrial clusters are being developed along expressways, and 16 airports — including four international airports — are currently operational. The Noida International Airport at Jewar is expected to commence operations in the near future.



The state's MSME sector comprises
96 lakh units employing over 3 crore people, making industrial collaboration with Japan and Singapore particularly significant for employment generation and technology transfer.


Conclusion


The Singapore and Japan visits represent the most ambitious international investment outreach exercise in Uttar Pradesh's recent history. With
₹1.5 lakh crore in MoUs and ₹2.5 lakh crore in investment proposals, the roadshow has confirmed growing global confidence in the state's infrastructure, governance stability, and economic trajectory.



Key outcomes — including the 500-acre Japan City in YEIDA, the Green Hydrogen Centre of Excellence, the Jewar Airport MRO hub discussions, and partnerships with Singapore's sovereign wealth funds and financial institutions — are expected to translate into on-ground projects that strengthen UP's position on the global investment map.