Uttar Pradesh opened its World Economic Forum 2026 engagements with major investment commitments across clean energy, artificial intelligence, and defence manufacturing. The UP Davos investment MoUs, worth an estimated 9,750 INR-Crore, highlight the state’s push to attract global investors and strengthen its long-term growth priorities.
The biggest announcement came in clean energy, with an estimated 8,000 INR-Crore agreement signed with SAEL Industries Ltd. Moreover, the deal will establish 500 MW of agriculture waste-to-energy capacity through 20 biomass-based plants. The plants will be largely concentrated in 16 identified paddy-growing districts. Additionally, they will use crop residues like paddy straw to generate electricity, combining renewable power generation with a solution to stubble waste management.
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In digital infrastructure, Uttar Pradesh signed a 1,600 INR-Crore MoU with Sify Technologies. Moreover, the company will set up an AI-ready data center in Noida powered by renewable energy. The proposal also includes an “AI City” and collaboration with global technology players.
Defence manufacturing formed the third pillar of the UP Davos investment MoUs. An MoU with Yeoman worth 150 INR-Crore will support weapons system integration and indigenous capability development. The partnership will further create skilled jobs and enable technology transfer. The UP Davos investment MoUs reinforce the state’s focus on sustainability, technology-led growth, and advanced manufacturing.
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