In a bid to attract investments and position Uttar Pradesh as a preferred global investment destination, a high-level meeting was convened today at the Invest UP office to forge strategic partnerships with Taiwan.
The session aimed to unlock new opportunities in semiconductors, data centres, and advanced technology sectors.
Chaired by Vijay Kiran Anand, CEO, Invest UP, the meeting witnessed participation from senior global industry leaders and Taiwan experts, including Suresh Chandra (Director, STQC), Suresh Kumar Tulluri (CEO, Supermicro), Sanjeev Mehta (Co-founder & Global CEO, Akashaverse), and Prof Nachiket Tiwari (IIT Kanpur), among others.
Discussions focused on exploring joint ventures, investment opportunities, and long-term collaborations between Taiwan and Uttar Pradesh. Recognising Taiwan’s global leadership in electronics and semiconductor manufacturing and Uttar Pradesh’s growing potential in data-driven sectors, both sides deliberated on collaborative models to leverage mutual strengths.
To build on this momentum, Invest UP has established a dedicated Taiwan Desk to facilitate new projects and streamline investor support under progressive flagship policies such as the ‘UP FDI/FCI & Fortune Global-500 and Fortune India-500 Investment Promotion Policy 2023’. A delegation from Uttar Pradesh will soon visit Taiwan to further deepen engagement and promote trade and investment ties.
During the meeting, Uttar Pradesh’s competitive advantages for high-technology industries were highlighted—particularly its potential as a hub for Global Capability Centres (GCCs). Cities such as Noida, Lucknow, Agra, Kanpur, and other Tier-2 locations offer ample commercial space suitable for GCC setups. The CEO of Invest UP emphasised the state’s reliable electricity and water supply, abundant talent pool, and proactive policy support, making it one of the most cost-effective and scalable destinations for data centre operations in Asia.
Participants acknowledged Uttar Pradesh’s emergence as India’s leading GCC hub, driven by strong infrastructure, simplified Ease of Doing Business (EoDB) practices, and game-changing projects like the Noida International Airport. Discussions highlighted high-potential sectors—semiconductors, bioplastics, defence, aerospace, and advanced technologies—supported by over 34+ sector-specific policies and tailored investment packages. The meeting concluded with a shared commitment to long-term collaboration, positioning Uttar Pradesh and Taiwan as strategic partners in industrial growth and global innovation. The Statesman