Uttar Pradesh targets USD 1 trillion economy, CM tells Japan meet

Uttar Pradesh Chief Minister Yogi Adityanath said the state is moving strongly towards becoming a USD 1 trillion economy. He was speaking at the UP-Japan Investment Meet 2026, being held from August 18 to 23 across Uttar Pradesh and Delhi. Over 200 Japanese industrialists, CEOs, and policymakers are attending the event.

Livemint reports that Adityanath highlighted the state tripling its budget, GSDP, and per capita income in nine years, and that women's workforce participation has more than tripled. He noted the state has 60% of India's expressways and 17 airports. Union Agriculture Minister Shivraj Singh Chouhan urged Japanese firms to develop technologies for small farmers.

The Free Press Journal reports a roundtable where Japanese and Indian CEOs discussed investments in electronics, semiconductors, EVs, pharmaceuticals, sustainable aviation fuel, and data centers. Participants cited ease of doing business and infrastructure as key factors. One auto component company plans to invest in over 50 acres in Uttar Pradesh for electronic and EV components. Another firm proposed incentives for inland manufacturing to boost exports.