UP CM Yogi Adityanath, Rajnath Singh inaugurate EV plant in Lucknow

‘Fearless Business’, ‘Ease of Doing Business’ और ‘Trust of Doing Business’, आज नए उत्तर प्रदेश की पहचान बन चुकी है… pic.twitter.com/Y3ySF4FNJy

— Yogi Adityanath (@myogiadityanath) January 9, 2026

He said the EV manufacturing plant currently has an annual manufacturing capacity of 2,500 units, which will be expanded to 5,000 units in phases. The project, he said, aligns with Prime Minister Narendra Modi’s vision of industrial growth alongside environmental protection and has generated direct and indirect employment for thousands of youth.

Investments reaching all districts

CM Yogi said investments are now reaching all 75 districts of the state. Highlighting improved connectivity, he noted that 55 per cent of India’s expressways are in Uttar Pradesh, metro services operate in the highest number of cities, the state has the country’s largest rail network, and two dedicated freight corridors pass through it. Logistics hubs, rapid rail and inland waterways are also operational in the state.

“Before 2017, Uttar Pradesh struggled with unrest and an identity crisis. Today, it is a state of celebration,” he said, adding that UP is no longer a ‘BIMARU’ state and has emerged as a revenue-surplus state. He said 34 sector-specific policies are in place to boost investment and ensure ease of doing business.

Rs 45 lakh crore investments received in 9 years: CM Yogi

Referring to the government’s Vision 2047, CM Yogi said the Ashok Leyland plant is a key step towards strengthening Make in India and Atmanirbhar Bharat. He said Uttar Pradesh has received investment proposals worth Rs 45 lakh crore over the past 8-9 years, with Rs 15 lakh crore already invested, Rs 6 lakh crore scheduled for groundbreaking next month and another Rs 5 lakh crore worth of investments in the pipeline.

आज उत्तर प्रदेश Industry first and Investor first के दृष्टिकोण से न केवल देश के, बल्कि दुनिया के हर एक Investor की पसंद बन चुका है… pic.twitter.com/Iq7hW0lq9o

— Yogi Adityanath (@myogiadityanath) January 9, 2026

The Chief Minister said Uttar Pradesh contributes 9.5 per cent to India’s GDP and its GSDP is expected to reach Rs 36 lakh crore by the end of the current financial year. He added that the state has set a target of becoming a USD 1 trillion economy by 2029-30.

He said Uttar Pradesh is rapidly emerging as a global hub for electronics and IT, accounting for 55 per cent of India’s mobile phone manufacturing and 60 per cent of electronic goods production. The state is also a top performer in ease of doing business and has made rapid progress in sectors such as MSMEs, AI, semiconductors, cybersecurity, robotics, electric vehicles, agritech, fintech, deeptech, healthtech, tourism, hospitality, defence manufacturing and sports. The state is home to over 18,000 startups, supported by 76 incubators, seven Centres of Excellence and eight unicorns.

CM Yogi said the Ashok Leyland EV plant has been set up under the state’s FDI and Fortune 500 policy. He noted that the MoU for the project was signed in September 2023, followed by the Letter of Intent and land allotment in January 2024, and that a world-class facility has been commissioned within 18 months due to fast-track approvals and robust governance.

Ashok Leyland Chairman Dheeraj Hinduja, MD and CEO Shenu Agarwal, Union minister HD Kumaraswamy, Deputy Chief Minister Brajesh Pathak, Cabinet Ministers Suresh Khanna and Nand Gopal Gupta ‘Nandi’, Transport Minister Dayashankar Singh, MLA Rajeshwar Singh and other guests were present at the event.