UP’s Big Leap: ₹10 Lakh Crore Investment and 50 Lakh Jobs in 2025!
Did you know Uttar Pradesh (UP) is becoming one of India’s fastest-growing economic powerhouses? The state government has big plans, and even though there’s no Global Investors Summit (GIS) in 2025, they’re hosting a massive event called the Ground Breaking Ceremony (GBC-5) in November 2025. This event will kickstart projects worth up to ₹10 lakh crore! It’s a huge step toward making UP a trillion-dollar economy. The next GIS is set for February 2026, where even bigger investment deals are expected. In this blog, we’ll dive into the success of past summits, the latest updates on GBC-5, investment goals, key industries, attractive incentives, global outreach plans, economic impact, and what’s next for UP.
The Story of UP’s Global Investors Summit
Back in 2018, the UP government started the Global Investors Summit to attract businesses and investors. The first summit brought in ₹4.28 lakh crore worth of investment proposals—a huge deal at the time! But the real game-changer was the 2023 GIS, where a jaw-dropping ₹33.50 lakh crore in proposals rolled in. Big companies like Tata, Reliance, Adani, and even international investors jumped on board, laying the foundation for an industrial revolution in UP.
The four Ground Breaking Ceremonies held so far have launched projects worth over ₹10 lakh crore, creating lakhs of jobs. For example, GBC-4 in 2023 started projects worth ₹2.5 lakh crore, including data centers, manufacturing units, and infrastructure developments. These summits aim to create jobs, boost industries, improve infrastructure, and bring prosperity to rural areas. GBCs are the next step after summits, where investment plans turn into real projects. Inspired by these successes, the government is gearing up for GBC-5 in November 2025.
GBC-5: The Biggest Investment Event of 2025 with a ₹10 Lakh Crore Goal
Even without a GIS in 2025, GBC-5 will be the highlight of UP’s economic calendar. Scheduled for November, it’s set to launch projects worth ₹5 lakh crore initially, but officials believe this could hit ₹10 lakh crore by the event. This event will support India’s “Self-Reliant India” vision and make UP a major industrial hub. Unlike past GBCs, GBC-5 will focus beyond Greater Noida, targeting regions like Bundelkhand, Purvanchal, and smaller towns (B-category towns) to ensure balanced growth across the state.
Key Details and Latest Updates:
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Investment Goals and Projects: There are 16,478 projects worth ₹12.10 lakh crore in total. Out of these, 8,363 projects (₹4.33 lakh crore) are already up and running commercially, while 8,115 projects (₹7.76 lakh crore) are in various stages of progress. Invest UP has started listing over 8,000 projects that have reached the production stage, making the process more transparent.
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Key Industries: Bundelkhand is prioritizing pharmaceuticals and solar power plants, with plenty of land available. Greater Noida will see growth in data centers, IT companies, and Global Capability Centers (GCCs). Other focus areas include footwear, leather products, sustainable aviation fuel, defense manufacturing, and electric vehicles. Recent updates show UP is targeting 371 companies shifting from China as part of the “China+1” strategy.
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Regional Development Plans: Bundelkhand is being developed as one of the six nodes of the Defense Industrial Corridor, boosting defense sector investments. Entrepreneurs setting up units in smaller towns will get extra perks like land subsidies and tax breaks to strengthen rural economies.
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Attractive Incentives and Policies: The government has rolled out several schemes to attract investors, such as:
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Capital Subsidy: 25% on eligible capital investment (up to ₹10 crore for Level-1 GCCs and ₹25 crore for advanced GCCs, spread over 7 years).
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Quick Investment Promotion Scheme: Faster approvals and fund releases.
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Expansion Incentives: Higher exemption limits for expanding existing units.
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MSME to Large Enterprise Conversion: Easier processes and added benefits.
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Letters of Comfort (LOC): A target to issue LOCs to 10 companies monthly; recently, 62 companies with ₹2 lakh crore investments received LOCs.
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Other Updates: GBC-5 will happen after Diwali to welcome investors in a festive vibe. The government has restructured Invest UP, hiring general managers from the private sector to make the investment process smoother and more transparent.
GBC-5 won’t just bring investments—it’ll spark a wave of development across every corner of UP.
Investment Outreach: Global Roadshows and National Campaigns
In July 2025, the UP government launched a new outreach strategy to attract foreign investors, especially under the “China+1” approach. This strategy will lay the groundwork for both GBC-5 and GIS 2026.
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International Roadshows: Planned for September-October 2025 in Singapore, Japan, South Korea, UAE, Qatar, and Canada. These will include roundtable meetings with top investors to discuss UP’s policies, incentives, and opportunities.
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National Roadshows: From December 2025 to January 2026 in major Indian cities like Mumbai, Delhi, and Bengaluru, targeting domestic companies.
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Strategic Moves: Investor roundtable meetings every two weeks, weekly strategy reviews based on feedback, and collaboration with the Ministry of External Affairs. Plans also include roadshows in global financial hubs like London, Paris, and Tokyo. This will set the stage for attracting new investment proposals for GIS 2026.
GIS 2026: The Next Big Milestone with ₹35 Lakh Crore+ in Proposals
The GIS in February 2026 will be UP’s next mega event. Aiming to repeat the 2023 success, the government is targeting over ₹35 lakh crore in investment proposals. Under Chief Minister Yogi Adityanath’s leadership, policies like the New Outreach Policy, GCC Policy, and Footwear and Leather Products Policy are being promoted. The restructuring of Invest UP in April 2025 has sped up the investment process. Estimates suggest GIS 2026 could see MoUs worth up to ₹88 lakh crore, making UP an economic superpower.
Economic Impact: Jobs, GDP, and the Trillion-Dollar Dream
These events will transform UP’s economy. Past summits have created lakhs of jobs, and GBC-5 alone is expected to generate over 50 lakh jobs. The state’s GDP contribution is growing, with a goal to become a trillion-dollar economy by 2027. Development in backward areas like Bundelkhand will reduce inequality and promote sustainable growth.
Conclusion: UP’s Bright Future
Uttar Pradesh is fast becoming India’s economic backbone. GBC-5 in 2025 will turn massive investments into reality, boosting jobs, growth, and prosperity, while GIS 2026 will take things to new heights. Data shows over 16,000 projects are already in progress, proving the government’s commitment. If you’re an investor, check out Invest UP’s website for more details.
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