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UP secures Rs 9,750 cr MoUs at Davos

Share FacebookTwitterWhatsAppPinterestLinkedinCopy URLTelegramEmailTumblrReddItPrintKoo DAVOS, Jan 19: The Uttar Pradesh Government delegation, led by state finance and parliamentary affairs Minister Suresh Kumar Khanna, began its engagements at the World Economic Forum (WEF) meeting in Davos with a strong focus on forging global partnerships and securing high-impact investments. Coordinated by Invest UP, the Government’s investment promotion and facilitation agency, the delegation held a series of strategic meetings and signed key MoUs, reinforcing Uttar Pradesh’s ambition to emerge as one of India’s most future-ready and investor-friendly states. With MoUs worth Rs9,750 crore, Uttar Pradesh’s engagements at Davos reflect a growing pipeline of investments across clean energy, digital infrastructure, artificial intelligence, and defence manufacturing, an official said.

UP secures Rs 9,750 cr MoUs at Davos

Credit: Dailyexcelsior

Key Highlights

  • Key MoUs were signed with SAEL Industries Ltd (Rs8,000 crore) for waste-to-energy projects, Sify Technologies (Rs1,600 crore) for an AI-ready data centre and AI City in Noida, and Yeoman (Rs150 crore) for defence manufacturing and weapons system integration.
  • These collaborations support the state’s long-term vision of sustainable development, technology-enabled governance, and large-scale job creation, while strengthening Uttar Pradesh’s global competitiveness.
  • The day’s interactions began with Louis Dreyfus Company and continued with B2G meetings with leading global and Indian companies including Uber Technologies, Automation Anywhere, Cauldron, PepsiCo, HCL Software, Wealth Door, Anupam Rasayan India Ltd, Google Cloud, Greenko, and Deloitte South Asia.
  • The delegation also engaged with Neeraj Agarwal, Founder & CEO of Carbon Compass-an IIT Kanpur and MIT alumnus, and a former NASA scientist-to explore future-facing opportunities in climate innovation and sustainability.
  • A key discussion was held with Uber, focusing on expanded investments, mobility partnerships, and the potential establishment of a Global Capability Centre (GCC) in Noida.
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Sources

  1. UP secures Rs 9,750 cr MoUs at Davos

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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