Uttar Pradesh Emerges as Global Investment Magnet as Chief Minister Yogi Adityanath Courts Investors at Jewar Electronics Manufacturing Event

He was addressing the foundation stone laying ceremony of the Amber and Ascent-K Circuits electronics manufacturing plant in the Jewar region of Gautam Buddh Nagar, where he highlighted the state’s rapid industrial transformation and growing investor confidence.

Adityanath stated that western Uttar Pradesh’s Jewar region, which earlier faced an identity crisis, has undergone a complete transformation with significant improvements in law and order. He said Uttar Pradesh now actively welcomes investors from across India and the world, supported by a vast 75,000-acre land bank.

The Chief Minister emphasized that the state has developed policies for 36 different sectors, enabling investors to select suitable industries while ensuring full government support. He further asserted that incentives are being delivered on time and approvals are facilitated through a single-window system, eliminating procedural delays and administrative bottlenecks.

He described Uttar Pradesh as a state where investment projects can be established without unnecessary human intervention, enabling faster industrial expansion and economic growth.

Highlighting the scale of new investment, Adityanath noted that more than 6,045 crore rupees invested by Amber Group and South Korea’s Ascent-K Circuits, a private Indo-Korean joint venture, would generate significant employment opportunities and strengthen the electronics manufacturing ecosystem through the development of anchor industrial units.

He credited Prime Minister Narendra Modi’s vision of positioning India as a global electronics manufacturing hub and acknowledged Union Electronics and Information Technology Minister Ashwini Vaishnaw for implementing the vision. He also expressed gratitude to Union Environment and Climate Change Minister Bhupendra Yadav for ensuring timely environmental clearances for industrial projects.

Union ministers, including Ashwini Vaishnaw and Bhupendra Yadav, along with Uttar Pradesh Industrial Development and Export Promotion Minister Nand Gopal Gupta, Jewar Member of Legislative Assembly Dhirendra Singh, and several senior officials, were present at the event.

Adityanath stated that the objective is to manufacture in India the products currently being imported and to expand India’s role as a global exporter of electronic components. He emphasized that India must evolve into a global hub for electronics manufacturing.

He further highlighted that Uttar Pradesh has already emerged as the micro, small, and medium enterprise hub of India, with more than 9.6 million registered units.

The Chief Minister added that the state has also become a leading mobile phone manufacturing hub, producing approximately 55 percent of India’s mobile phones and 55 to 60 percent of electronic components in the Noida and Greater Noida region.

He reiterated that Prime Minister Narendra Modi’s vision of a developed, prosperous, and self-reliant India by 2047 is already taking shape in Uttar Pradesh, particularly in Gautam Buddh Nagar, which is rapidly evolving as a major industrial growth corridor.