Uttar Pradesh, situated in the Northern
part of India, covers a total area of 2,40,928 sq km. It is bounded
by Uttarakhand and Himachal Pradesh in the north; by Haryana and Delhi
in the west; by Madhya Pradesh in the south; and by Bihar in the east.
It can be divided into two distinct regions, namely, Southern hills
and Gangetic plain. Nepal also touches the northern borders of Uttar
Pradesh (U.P.). It, thus, assumes strategic importance for Indian defence.
Rich and tranquil expanses of meadows, perennial rivers, dense forests
and fertile soil of Uttar Pradesh provide excellent economic opportunities.
Agriculture has been a major occupation
of the people of the State. The main agricultural commodities are wheat,
sugarcane, paddy, fruits and vegetables. However, over the years, industries
have become backbone of the economy, mainly in the fields of textiles,
sugar, food-processing, mining, etc. U.P., being dotted with various
holy shrines, pilgrim places and joyous festivals, has become an important
tourist destination. In addition, there are integrated townships of
Noida and Greater Noida, adjacent to New Delhi, with fully developed
infrastructure including recreational facilities like golf area.
Uttar Pradesh is well endowed with
abundant wealth of land, water, minerals and forest produces. It has
skilled, educated and technical human resource base. It also has excellent
connectivity to all parts of the country, through efficient and reliable
transportation facilities. A good quality power supply is available
for household and industrial purposes. Large number of bank branches
have been established in the State, including major foreign banks, for
providing good financial services to the local communities and investors.
Besides, there exists well-developed special purpose modern industrial
areas like software technology parks, electronic city, toy city, plastic
city, integrated agro park, leather park, chemical complex and textile
city.
Given such advantages, the State
Government has been undertaking several policy measures and incentives.
These measures aim to utilise fully the available resources, generate
adequate employment opportunities, as well as improve the quality of
life of the people. As a result, a large number of investors have entered
into the various sectors of the economy.
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