Singapore companies eye bigger role in UP across logistics, infra and energy

Singaporean companies will scale up their presence in Uttar Pradesh, Prime Minister Lawrence Wong said after meeting Chief Minister Yogi Adityanath on Monday, as the Indian leader secured investment pledges worth Rs 19,877 crore on the first day of his visit to the Southeast Asian nation.

Companies from Singapore are investing in Uttar Pradesh across sectors including logistics, connectivity and infrastructure development, Wong said in a social media post. He added that there was potential for deeper business and investment linkages and described Uttar Pradesh as the “third largest state economy and one of the fastest growing regions in India”.

“We had a good exchange on opportunities for Singapore and Uttar Pradesh to strengthen economic ties and support business partnerships. I wish Chief Minister Adityanath a productive visit to Singapore,” he said.

Adityanath, who is on a two-day visit to Singapore, said he had a “constructive exchange of views” with Wong.

With a GSDP (gross state domestic product) of Rs 29.7 lakh crore, Uttar Pradesh emerged as the country’s third-largest state economy in FY 2025, overtaking Karnataka (Rs 28.8 lakh crore) and behind Maharashtra (Rs 45.31 lakh crore) and Tamil Nadu (Rs 31.1 lakh crore), according to Reserve Bank of India data.

“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.

During the visit, memoranda of understanding (MoUs) worth Rs 6,650 crore were signed with Universal Success Group for investments in group housing, a logistics park and a data centre in the state, officials said.

The proposed projects are expected to generate more than 20,000 jobs and strengthen industrial and urban infrastructure, according to a state government statement.

Adityanath briefed investors on policy stability, improving connectivity and the expanding industrial ecosystem in Uttar Pradesh. He invited the group to visit Lucknow to explore opportunities for setting up data centre facilities and assured 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 under the Yamuna Expressway Industrial Development Authority. The project involves an investment of Rs 3,500 crore and is expected to create around 12,000 jobs. It is proposed to be launched in 2027.

The second MoU relates to a logistics park on 50 acres along the Kanpur-Lucknow Highway with an investment of Rs 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 support industrial and export activities in the state.

The third MoU provides for a 40 MW IT power capacity hyperscale data centre park on 10 acres in the Noida/Greater Noida region, with an investment of Rs 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 centre hubs in India.

Golden State Capital announced an investment of Rs 8,000 crore to establish a 100-megawatt data centre in Uttar Pradesh.

The Private Infrastructure Development Group signed an MoU for an investment of Rs 2,500 crore in renewable energy, green hydrogen and agri-solar (Agri-PV) projects.

AVPN Limited also expressed a commitment to invest Rs 2,727 crore in renewable energy and Agri-PV sectors, supporting the state’s green energy plans.

Adityanath said the state government would provide a transparent policy framework, prompt approvals and infrastructure support to investors.

The chief minister also held a “meaningful discussion” with Singapore’s foreign minister Vivian Balakrishnan. The discussions focused on strengthening cooperation under the Comprehensive Strategic Partnership, including investment facilitation, infrastructure collaboration, skill development and digital economy partnerships.

He also met investment-focused government entities in Singapore to discuss opportunities for sovereign investment participation in Uttar Pradesh.

“Had a fruitful meeting with Lim Chow Kiat, Chief Executive Officer, GIC, along with his delegation, in Singapore today,” Adityanath said in another post.

“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.

Adityanath also met Tan Su Shan, Chief Executive Officer of DBS Group, and Teo Chee Hean, Chairman of Temasek Holdings (Private) Limited.

He reviewed a presentation by the Institute of Technical Education (ITE) on skill development and training. The institution is running programmes in India, including the North East Skill Centre under the Assam Skill Development Mission.

This is Adityanath’s first foreign tour as Chief Minister since his visit to Myanmar in 2017. After Singapore, he will travel to Japan on February 25 and 26 to meet industry representatives on green hydrogen, supply chain development and hospitality investments.

During the visit, he also interacted with members of the Indian diaspora and students, outlining the state’s development plans and its target of becoming a trillion-dollar economy.

(With inputs from agencies)