UP's ₹70,000 Crore Tech Boom: Manufacturing & Data Centers Surge

The Uttar Pradesh government is driving private sector investments worth ₹70,000 crore in electronics manufacturing and data centers, reinforcing its ‘Make in UP’ and ‘Brand UP’ vision. Under the UP Electronics Manufacturing Policy (UPEMP), the state anticipates ₹40,000 crore in investments and the creation of four lakh jobs.

The UP Data Centre Policy 2021 targets ₹30,000 crore in investments, with plans for eight private data center parks totaling 900 MW capacity. A senior state official emphasized the role of electronics manufacturing in the state's economy, highlighting its 22% contribution to exports in 2023. The policy has already attracted ₹6,500 crore in investments from companies such as Haier, Vivo, Samsung, LG, Dixon, Addverb, Oppo, and Havells, offering subsidies on capital, land, and electricity.

Key data center projects worth ₹20,000 crore have been announced by the Hiranandani Group, Adani Group, NTT Japan, and Web Werks. As digital adoption surges, India is projected to need an additional 1.7–3.6 GW of colocation data center capacity by 2028. Recently, Sify Infinit Spaces launched its first AI-Hub Data Centre project at HCL IT City, Lucknow, with commissioning expected by June 2025, according to Sify Technologies Chairman Raju Vegesna.

Furthermore, Uttar Pradesh has secured over ₹32,000 crore in semiconductor investments near the upcoming Jewar International Airport in Greater Noida. Tarq Semiconductors, a Hiranandani Group company, will invest ₹28,440 crore in a semiconductor fabrication plant, while Vama Sundari Investments (Delhi) plans to invest ₹3,706 crore in another semiconductor project.

News by Rahul Yelligetti.