The Uttar Pradesh state cabinet has given its formal approval to a series of financial incentives for industrial units, acting on the recommendations of high-powered committees. The decisions pertain to claims filed under the state's key industrial promotion policies from 2012 and 2017, signaling continued government support for manufacturing and export-oriented businesses.
Boost for Units Under UP Industrial Investment & Employment Promotion Policy-2017
In a significant move to bolster industrial growth, the cabinet endorsed the key decisions made by an empowered committee led by the Chief Secretary during its meeting on May 15, 2025. This committee is responsible for examining incentive and reimbursement claims under the UP Industrial Investment & Employment Promotion Policy-2017.
The panel cleared substantial financial disbursals for two manufacturing units located in the state's western zone. VR Pipe and Profiles Pvt Ltd, based in Shahjahanpur, is set to receive Rs 56.39 lakh for the financial years 2021-22 and 2022-23. In a larger allocation, Brundavan Exports Pvt Ltd from Mathura has been sanctioned a significant sum of Rs 17.06 crore. This incentive covers the operational period between April 2023 and September 2024.
Review of Mega Category Units Under 2012 Policy
Separately, the state cabinet also approved the recommendations put forth by another high-powered committee. This committee, which also met on May 15, 2025, operates under the older UP Land Allotment and Industrial Investment Policy-2012.
The focus of this panel was on reviewing incentive applications from large-scale Mega Category industrial units. One notable case reviewed was that of M/s Pilokar Spinners Pvt Ltd, a company from Meerut. The firm had filed a reimbursement claim for the quarter spanning April 1 to June 30, 2021.
The company's claim had a history. It had previously received Rs 1.50 crore with the cabinet's approval. Subsequently, Pilokar Spinners submitted a revised claim of Rs 65.67 lakh after making necessary adjustments for the amounts already sanctioned. Since the initial disbursement had already been approved by the cabinet, the high-powered committee saw no issue and recommended clearing the remaining balance of the claim.
Implications for Uttar Pradesh's Industrial Landscape
These cabinet approvals underscore the state government's commitment to honoring its policy promises and providing a stable financial environment for investors. The timely clearance of such claims builds trust among the business community and can encourage further capital infusion into Uttar Pradesh's industrial sectors.
The two policies—from 2012 and 2017—have been instrumental in attracting investments across various zones of the state. By streamlining the approval process through empowered committees and securing final cabinet nods, the government aims to ensure that eligible units receive their entitled benefits without unnecessary delays, thereby enhancing the state's competitiveness as an industrial destination.
