Export & Import - Exim Policy- Industrial Policy - States- Uttar Pradesh, India Finance & Investment Guide

Uttar Pradesh is the most populous state in India. In area it ranks fourth after Madhya Pradesh, Rajasthan and Maharashtra. It covers about 9% of the total area of India. The state has adequate coverage of road, railways and telecommunications networks throughout the state. Labour is available in plenty and is cheap. The most diverse agro-climatic conditions in the country make it suitable for a wide range of Industries.

Land area: 294,411 sq. km.
Population: 139.1 million
Capital: Lucknow
Per Capita Income: Rs 5,331
Inflation Rate: 12%

Incentives:

Concessional rates on land in industrial areas and estates in industrially-backward districts
Special investment subsidy of 10% of total capital investment (up to Rs 2,000,000) for 100% EOUs
Special incentive package for large units with investment of Rs 50 crore or more
Tax-free purchases of inputs for units in EPZs, and hardware and software technology parks
20% rebate (up to 5 years) on electricity bills for notified industrial estates and industries
Trade tax deferment of 250% of fixed capital investment (12 years) in Category A districts
Trade tax exemption for new electronic units for 12 years (Category A); and 10 yearialars (Category B)
75% subsidy on the cost of transportation of raw materials and finished goods in hilly areas