LUCKNOW, Jan. 22 -- The Invest UP delegation attending World Economic Forum 2026 meeting in Davos, Switzerland, on Thursday signed a memorandum of understanding (MoU) worth Rs.25,000 crore with the Essar Group, marking one of the largest investment commitments secured by the state government.

The investment relates to power and energy systems, logistics and warehousing, and data centres, aligned with India's vision for resilient infrastructure and next-generation digital ecosystems. Besides, the SA Technologies signed an MoU worth Rs.200 crore with Invest UP to establish a Global Capability Centre (GCC) in the state.

The proposed GCC will support multinational enterprises through advanced IT services, digital transformation solutions, a...