The Uttar Pradesh government is looking to propel the manufacturing sector for boosting the economic activities and generating local employment opporutnities.
This is in line with the Yogi Adityanath govenment’s aim to become a $one trillion economy by 2030.
The state is targetting to attract Rs 3 trillion investment in manufacturing in the current financial year 2025-26 compared to Rs 2.80 trillion in 2024-25 – a jump of over 16 percent.
The state is offering a slew of incentives to investors across the various industrial corridors.
The Yogi Adityanath government will also organise roadshows in major global cities to attract big ticket investments.
Moreover, the state is aligning its development and industrial roadmap with the ‘China+1’ theme to leverage the global trend.
UP Industrial Investment & Employment Promotion Policy 2022 together with three dozen other sectoral policies offer capital subsidy.
To pitch UP as a global hub for electronics, the state government has crafted the UP Electronics Component Manufacturing Policy 2025.