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Uttar Pradesh Announces ₹3 Lakh Crore Davos MoUs, To Form Single‑Window Team

Officials describe 31 proposed investments led by AM Green’s $25 billion AI data centre plan in Greater Noida.

Overview

  • State leaders said 31 MoUs worth over ₹2.92 lakh crore followed 119 meetings with global investors at the World Economic Forum in Davos.
  • The largest proposal comes from Netherlands-based AM Green to build a 1 GW AI-centric data centre in Greater Noida, estimated at about ₹2.1 lakh crore ($25 billion).
  • Agreements span data centres, renewable energy and green hydrogen, defence, logistics and warehousing, tourism, food processing, electric vehicles, pharmaceuticals and healthcare manufacturing.
  • Named proposals include REC Limited’s ₹8,000 crore plan for 500 MW agriculture waste‑to‑energy projects, Rashmi Metallurgical’s ₹4,000 crore integrated steel plant, and a ₹200 crore plan by SA/ASR Technology, with Adecco India proposing a services centre.
  • The government said a dedicated single‑window team will monitor the MoUs and provide time‑bound support from approvals to operations.