Last Updated: March 11, 2014
Latest update: April, 2014
Last Updated: April, 2014
UTTAR PRADESH State Report | March, 2014
Uttar Pradesh shares its borders with Nepal on the north; the Indian states of Uttarakhand and Himachal Pradesh towards the northwest; Haryana, Delhi and Rajasthan on the west; Madhya Pradesh on the south, Chhattisgarh and Jharkhand to the southeast and Bihar in the east.
Uttar Pradesh is a leading state in tourism. The Taj Mahal, one of the Seven Wonders of the World, is located in Agra. The state was ranked first and fourth in terms of domestic and foreign tourists, respectively, in 2012. Nearly 168.4 million domestic and 2 million foreign tourists visited the state in 2012.
It has emerged as a key hub for IT and ITeS industries, including software, captive business process outsourcing (BPO) and electronics. The state has become a hub for the semiconductor industry with several major players having their offices and research and development (R&D) centres in Noida.
The state has a well-developed social, physical and industrial infrastructure. It also has good connectivity via 43 national highways, six airports and rail links to all major cities. The state has witnessed a high rate of infrastructure growth in the recent past. There has been a considerable rise in the number of industrial clusters/hubs and public-private partnerships (PPPs) in the infrastructural domain.
The state offers a wide range of subsidies, policy and fiscal incentives as well as assistance for businesses under the Industrial and Service Sector Investment Policy, 2004. The state also has well-drafted, sector-specific policies for IT and biotech.