UP’s Rs 5.3 Trillion Infra Push Aims to Create Global Tech Hubs
Technology

UP’s Rs 5.3 Trillion Infra Push Aims to Create Global Tech Hubs

The Uttar Pradesh government has committed over Rs 5.31 trillion in infrastructure capital expenditure (capex) over the last five years, with a focus on improving freight movement and enhancing connectivity. This investment is set to fuel the state’s ambition to develop a robust network of global capability centres (GCCs) that will attract multinational corporations and drive economic growth. Key infrastructure projects such as the Ganga Expressway, Purvanchal Expressway, Bundelkhand Expressway, and Gorakhpur Link Expressway are part of this push, aligning with the PM GatiShakti scheme to streamline logistics and freight movement. The state government aims to leverage this infrastructure boom to establish GCCs—offshore centres that provide critical services like product development, AI, data analytics, and cybersecurity. “With its strategic location, young workforce, and growing infrastructure, UP is well-positioned to attract GCC investments,” said a senior government official. India is already a global leader in the GCC sector, projected to reach $110 billion by 2030, fueled by software exports. Uttar Pradesh plans to tap into this growth by focusing on infrastructure, skill development, and financial incentives to attract investments. The state has drafted the UP Global Capability Centres Policy 2024, which is currently under review and will soon be presented to the state cabinet. The policy offers investors attractive incentives, including land subsidies ranging from 30% in Gautam Buddha Nagar and Ghaziabad to 50% in Purvanchal and Bundelkhand regions. Uttar Pradesh is already home to a strong Electronics System Design and Manufacturing (ESDM) and IT sector, with over 350,000 professionals and nearly 200 companies, including global giants like Samsung, Oppo, Haier, NTT, and Microsoft. The state's focus on infrastructure and incentives positions it as a leading destination for downstream GCCs. (Business Standard)

The Uttar Pradesh government has committed over Rs 5.31 trillion in infrastructure capital expenditure (capex) over the last five years, with a focus on improving freight movement and enhancing connectivity. This investment is set to fuel the state’s ambition to develop a robust network of global capability centres (GCCs) that will attract multinational corporations and drive economic growth. Key infrastructure projects such as the Ganga Expressway, Purvanchal Expressway, Bundelkhand Expressway, and Gorakhpur Link Expressway are part of this push, aligning with the PM GatiShakti scheme to streamline logistics and freight movement. The state government aims to leverage this infrastructure boom to establish GCCs—offshore centres that provide critical services like product development, AI, data analytics, and cybersecurity. “With its strategic location, young workforce, and growing infrastructure, UP is well-positioned to attract GCC investments,” said a senior government official. India is already a global leader in the GCC sector, projected to reach $110 billion by 2030, fueled by software exports. Uttar Pradesh plans to tap into this growth by focusing on infrastructure, skill development, and financial incentives to attract investments. The state has drafted the UP Global Capability Centres Policy 2024, which is currently under review and will soon be presented to the state cabinet. The policy offers investors attractive incentives, including land subsidies ranging from 30% in Gautam Buddha Nagar and Ghaziabad to 50% in Purvanchal and Bundelkhand regions. Uttar Pradesh is already home to a strong Electronics System Design and Manufacturing (ESDM) and IT sector, with over 350,000 professionals and nearly 200 companies, including global giants like Samsung, Oppo, Haier, NTT, and Microsoft. The state's focus on infrastructure and incentives positions it as a leading destination for downstream GCCs. (Business Standard)

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code