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Uttar Pradesh govt's ₹6,191 cr push to scale up industrial infrastructure

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

A property developed by Evergrande under construction in Hefei, China, in 2023
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The results are visible. Industrial land allotment in the UPSIDA enclaves has surged from 114 acres in 2017-18 to 526 acres in 2024-25. | Image: Bloomberg

Virendra Singh Rawat Lucknow

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In a push to attract large private investment, Uttar Pradesh will spend ₹6,191 crore in FY26 to scale up industrial infrastructure in major industrial enclaves across the state. The allocation announced by the UP State Industrial Development Authority (UPSIDA) marks a nearly 15-fold jump from ₹415 crore in FY24.
 
According to UPSIDA chief executive officer (CEO) Mayur Maheshwari, the budget will fund the development of sustainable industrial infra including roads, water and sewerage systems, and uninterrupted power supply. 
 
“The UPSIDA is playing a pivotal role in steering UP toward its ambitious goal of becoming a $1 trillion economy,” he said,