UPSIDA taking Uttar Pradesh towards USD 1 trillion economy
According to state govt, UPSIDA’s operating revenue has more than tripled, increasing from ₹586 crore in 2019-20 to ₹1,900 crore in 2024-25
LUCKNOW The Uttar Pradesh State Industrial Development Corporation (UPSIDA) has played a pivotal role in the state’s industrial growth and rolling out key aspects of the state government’s policies related to industries.
In the past eight years, the UPSIDA achieved a 320 percent increase in plot allotment, with 798 plots allocated in 2024-25 compared to 191 in 2017-18.
In addition to this, it has achieved a 360 percent rise in land allocation, with 526 acres allocated in 2024-25 compared to 114 acres in 2017-18.
It has also ensured a 347 percent surge in employment opportunities, with 51,761 jobs created in 2024-25 compared to 11,570 in 2017-18.
According to the state government, the UPSIDA’s operating revenue has more than tripled, increasing from ₹586 crore in 2019-20 to ₹1,900 crore in 2024-25.
“The UPSIDA has created a transparent, simple and favourable environment for investors, aligning with the state government’s industrial policies,” said the government.
According to Mayur Maheshwari, CEO, UPSIDA, “The UPSIDA is working towards making the state a one USD 1 trillion economy.”
“The state government’s prioritisation of industrial development and its investor-centric approach have yielded highly positive outcomes,” Maheshwari added.
By fostering a favourable business environment and promoting industrial growth, UPSIDA is helping Uttar Pradesh emerge as a leading industrial state in the country .
