In a significant move to boost foreign capital inflow, the Singapore Desk of ‘Invest UP’ recently conducted a series of high-level meetings with potential investors in Singapore. The initiative aims to channel international funds into Uttar Pradesh's rapidly growing tourism and hospitality sector.
Showcasing Uttar Pradesh's Premium Potential
The outreach, which took place on Monday, was spearheaded by Invest UP's Additional CEO, Shashank Chaudhary. The primary focus was to position the state as an attractive destination for luxury hotels, premium real estate developments, and sustainable infrastructure projects. The team engaged with key Singapore-based investors to highlight the vast opportunities emerging across the state.
Greenfield Ventures Expresses Strong Interest
During a pivotal meeting with Amritanshu Roy, the COO of Greenfield Ventures, the Invest UP delegation presented a detailed portfolio of tourism and hospitality opportunities. These projects span major cultural and pilgrimage centres such as Ayodhya, Varanasi, and Mathura.
Officials elaborated on the state's investor-friendly policies, robust incentive frameworks, and single-window facilitation mechanisms, all designed to simplify market entry for global players. In response, Roy conveyed a keen interest in exploring high-end hotel and real estate ventures near these key heritage sites.
Broadening the Scope to Sustainable Infrastructure
The discussions extended beyond traditional hospitality. Amritanshu Roy also explored potential collaborations in areas like waste-to-energy projects and sustainable urban infrastructure. Both parties examined various collaborative models, including greenfield investments and joint ventures with local partners, to bring these projects to fruition.
This push for investment comes at a crucial time. With tourist numbers surging in cities like Ayodhya, Varanasi, and Mathura, the state government is prioritizing the development of world-class hospitality infrastructure to accommodate the growing influx.
Invest UP confirmed that its Singapore Desk will maintain this momentum by continuing to engage with institutional investors and family offices. The goal is to steadily channel capital into high-potential sectors including tourism, hospitality, real estate, and renewable energy, further accelerating Uttar Pradesh's economic growth.
