The Uttar Pradesh government is embarking on an ambitious expansion of industrial townships across the state. As many as 50 townships for workers and entrepreneurs have been proposed in collaboration with the Department for Promotion of Industry and Internal Trade (DPIIT). Work on 10 such townships is already underway, signaling a major push for industrial development.
Bhavya Scheme Funding
Under the Bhavya scheme, the central government has offered funding of up to Rs 1 crore per acre for every industrial township. A senior officer stated, “After studying the policy framework, we will expedite work on preparing detailed project reports for industrial clusters along with townships in UP.”
DPIIT Joint Secretary Highlights Opportunities
Announcing key programmes that could accelerate economic growth and industrial activity in Uttar Pradesh, DPIIT Joint Secretary Jai Prakash Shivhare shared details of national schemes and funding programmes designed to promote entrepreneurship. Calling upon leading stakeholders and office-bearers representing industrial bodies and associations, Shivhare urged entrepreneurs to focus on developing value-for-money, export-oriented products.
Shivhare highlighted that nine Free Trade Agreements (FTAs) covering 39 countries have been signed over the past five years, creating new opportunities for exporters and businesses. He emphasized the growing focus on reciprocal certification mechanisms within FTAs to facilitate smoother market access.
Industry Engagement and Investment
Chief Executive Officer of Invest UP and Secretary, Industrial Development Department, Vijay Kiran Anand, interacted with representatives of ASSOCHAM, PHDCCI, DICCI, Laghu Udyog Bharti, IIA, and CII, among others. Industry representatives suggested simplifying application procedures, expanding awareness campaigns, and enhancing support for participation in trade fairs and exhibitions. They also proposed increased support for startups and the creation of a unified platform for accessing policy information.
In terms of attracting foreign direct investment, Uttar Pradesh has improved its national ranking to the ninth spot from the 11th position. Speaking on the occasion, Invest UP CEO Dr. Vijay Kiran Anand said, “Uttar Pradesh is actively complementing national reform efforts through regulatory simplification and digital governance initiatives. UP has established dedicated foreign investor facilitation mechanisms and is actively participating in international trade and investment forums.”
The state government's focus on industrial townships and export-oriented growth is expected to create significant employment opportunities and boost the economy. The collaboration with DPIIT and active engagement with industry bodies underscore the commitment to making Uttar Pradesh a hub for industrial activity.
