In a major boost towards industrialisation of the State, as many as 96 companies and consortium have shown keen interest in setting up private industrial park in Uttar Pradesh. According to data provided by Uttar Pradesh State Industrial Development Authority (UPSIDA), till June 23, 2025, a total 96 MoUs have been signed for setting up private industrial park worth `52,000 crore with estimated employment generation to 2.5 lakh.
Commenting on the progress of private industrial park initiative, Nand Gopal Gupta Nandi, Minister for Industrial Development, Export Promotion, NRI and Investment Promotion, Uttar Pradesh said, “Uttar Pradesh Government is proactively promoting the private industrial park scheme and has been providing various lucrative incentives for setting up Private Industrial Park scheme in the state and results have started to show. Till now, we have received as many as 96 proposals and we are evaluating each proposal on merit and providing approvals accordingly.”
“Recently, UPSIDA has approved one such project having a proposed investment of `500 crore, which would come up in Saharanpur district of Uttar Pradesh and will be spread across 2000 acres of land. We are looking at other proposals and would decide soon. This underscores the government’s commitment to fostering industrial growth and attracting investment through this scheme,” Nand Gopal Gupta Nandi added.
Uttar Pradesh Government is encouraging setting up of
private industrial park in a big way and is providing various incentives towards the same.
For industrial parks spanning 20 acres or more in the Bundelkhand and Poorvanchal regions, or 30 acres or more in Madhyanchal and Paschim-anchal, developers can receive a 25 per cent capital subsidy on certain fixed capital up to a maximum of `40 crore.
In addition to this, the state is providing a 25 per cent capital subsidy, up to `25 crore, for the construction of hostels or dormitories within these industrial parks, specifically for worker housing (excluding land costs). Moreover, the state government is providing 100 per cent exemption on stamp duty on the purchase of land by the developer.
To encourage the setting up of bigger Private Industrial Parks of more than 100 acres in the state, the Government provides higher incentives. Developers of these large-scale parks can receive a capital subsidy of 25 per cent on certain fixed capital investments, up to a maximum of `80 crore. Additionally, a 25 per cent capital subsidy, capped at `50 crore, is available for the construction of worker hostels or dormitories within these parks (excluding land costs).