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Investment Opportunities and Incentives
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Investment Opportunities and Incentives National Level Investment
Investment Opportunities and Incentives State Level Investment
   
 
Investment Opportunities and Incentives
Uttar Pradesh:
Investment Opportunities
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In the recent years, Uttar Pradesh (U.P.) has attracted one of the highest investment proposals in the country. It has attracted some of the largest international companies to set up their industrial units in the State. However, the main traditional industries of the State are sugar industry, mineral-based industry, information technology, handlooms and textiles, etc. A wide variety of agricultural and horticultural crops are produced in the State, which also have huge export potentialities. U.P.'s main strength lies in its skilled, educated and hard working workforce. In addition, several historical and cultural places of U.P. makes it one of the preferred tourist place.

Agro-based and Food Processing

Agriculture is the main occupation of 66 per cent of the population of the State. The net cultivated area in the State is 167.50 lakh hectares. Uttar Pradesh is among the largest producers of agricultural commodities within the country. It accounts for about 38% of India's wheat-production, 20% of paddy, 21% of sugarcane, 34% of groundnut, 17.5% of rape-seed, 8% of fruits and 14% of vegetables. It has the unique distinction of producing 4% of world's wheat and is the leading producer in India for sugarcane, vegetables and potatoes. It also has the largest livestock population and highest milk production in India, offering excellent opportunities for setting-up various food processing units. Floriculture, mushroom and other horticulture based industries provide exciting prospects.

Information Technology (IT)

Uttar Pradesh has always been a proactive State and today, has become the most sought after IT destination in the country. In U.P. as well as in India, Noida takes the lead as the most preferred IT destination for its year round congenial climate, robust infrastructure, excellent social values, educational institutes of excellence and world class health facility. Under the State's information technology, provision has been made to computerize all the Government Departments and connect their computers through networking. This helps in ensuring easy availability of information to the people, besides bringing about efficiency and transparency in the Government functioning. In other words, U.P. has become the biggest market for IT and e-governance solutions in India.

Sugar Industry

The State of Uttar Pradesh is the largest producer of sugarcane in the country. Sugar, molasses and bagasse are main derivatives of sugarcane. Molasses is further used for manufacturing industrial alcohol, potable alcohol and other chemicals. Bagasse is used for co-generation of power and paper manufacturing. UP has the potential to produce about 50% of country's sugar production. At present, there are about 115 sugar mills operational in the State. Considering the importance of sugar industry, the State Government has formulated a comprehensive sugar policy to promote investment in this sector.

Minerals

Under the public sector, mining of limestone, magnesite, coal, rock phosphate, dolomite and silicon-sand is carried out. The bulk production of minor and some of the major minerals like limestone, silica-sand, pyrophyllite and diaspore is mostly with the private sector. Important mineral based industries in the State include large cement plants in Sonebhadra.

Tourism

Known for ages for its rich ancient traditions, Uttar Pradesh abounds in places of religious importance. The State is specially known for its cultural centres. It has varied attractions for all kinds of tourists. Important ancient places of pilgrimage are Varanasi, Vindhyachal, Ayodhya, Chitrakoot, Prayag, Naimisharanya, Mathura, Vrindavan, Dewa Sharief, Dargah of Sheikh Saleem Chishti in Fatehpur Sikri, Sarnath, Shravasti, Kushinagar, Sankisa, Kampil, Piprahwa and Kaushambi. Other places of tourist interests are Agra, Ayodhya, Sarnath, Varanasi, Lucknow, Jhansi, Gorakhpur, Jaunpur, Kannauj, Mahoba, Devgarh, Bithur, and Vindhyachal, which have rich treasures of Hindu and Islamic architecture and culture.

Keeping in view ample and abundant prospects of tourism in the State, it has been declared an industry by the Government for providing basic tourist facilities to the people, developing tourist spots and earning foreign exchange.

Project Profiles

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Animal Husbandry and Fisheries Department
Industrial Development Department
Information Technology and Electronics Department
Pradeshiya Industrial and Investment Corporation of Uttar Pradesh Limited (PICUP)
Forest Department
 
 
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