)
Other sectors the government is working on include electric mobility, chemicals, electronics, services, for which it is eyeing big private investments
The Yogi Adityanath-led government is targeting ₹3 trillion in manufacturing investments in 2025-26, up from ₹2.81 trillion in FY25
The state has achieved a 98 per cent bank loan approval rate under the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme, the highest in the country
To bridge this gap, the UP State Industrial Development Authority (UPSIDA) has taken up the task for promoting an equitable industrial growth across the state
These 21 realty projects will develop almost 11,000 units spanning residential apartments, commercial spaces and shops in major cities
The nodal agency UP Expressway Industrial Development Authority (UPEIDA) has allocated 1,000 hectares to 62 companies under UPDIC
Uttar Pradesh has created a 100,000-acre industrial land bank, aims for Rs 3 trillion manufacturing investments in FY26, and is promoting MSMEs through UPITS 2025
The Yogi Adityanath government has been nudging banks to ease the flow of credit to MSMEs for catalysing the state's industrial development potential and creating local jobs.
The state has set up a network of 72 incubators and seven centres of excellence (CoE) to catalyse startups, promote business culture and generate jobs for the youth
The government is partnering private-sector majors like Tata Technologies Ltd (TTL) to upgrade the industrial training institutes (ITIs)
The state has been trying to attract investments from Fortune 500 and Fortune India Next 500 companies across sectors such as telecom, energy, retail, insurance, banking and financial services
The enterprises will take shape in the hinterland with the Yogi Adityanath government offering training, credit and marketing support across 75 districts
The state registered sales of about 370,000 electric vehicles in FY25, ahead of Maharashtra (240,000), Karnataka (170,000) and Tamil Nadu (132,000)
The policy targets $50 billion worth of electronics production in the next five years, along with a million job opportunities
The Yogi Adityanath government, under its Solar Energy 2022, is targeting 22,000 Mw of solar capacity
"UP has been witnessing a robust growth in farm output with the current food grain production touching 73.7 million tonnes (mt)," Shahi informed
Uttar Pradesh looks to Latin America, Europe, Africa and South-East Asia for exports as US tariffs squeeze textiles, jewellery and leather, with a new policy aiming Rs 5 trillion exports by 2030
The Yogi government will invest over ₹10,700 crore to develop India's first 'AI City' in Lucknow
UPSIDA Chief Executive Officer (CEO) Mayur Maheshwari said, the budget will fund the development of sustainable industrial infra including roads, water, sewerage systems, uninterrupted sup
While some projects are likely to be launched next month, the remaining township projects would start in October around Diwali