The resources, policy incentives, infrastructure and climate in the state are ideally suited for investments in sectors such as IT, agro-based and food processing, light engineering goods, sports goods, textiles, leather-based, tourism and biotechnology.
The Uttar Pradesh State Industrial Development Corporation (UPSIDC) and the Department of Infrastructure and Industrial Development are responsible for the development of industrial infrastructure in the state.
The state has a robust industrial infrastructure, including 15 industrial areas, 12 specialised parks, four growth centres and industrial infrastructure development centres (IIDC). As of September 2014, the state had 22 notified special economic zones (SEZs).
Some of the major initiatives taken by the government to promote Uttar Pradesh as an investment destination are:
- The state government has set up Udyog Bandhu to facilitate investment in industrial and service sectors. The organisation has a three-tier structure with presence at district, divisional and state levels.
- The government of Uttar Pradesh is promoting the development of several SEZs across the state, such as IT and ITeS, electronic hardware and software, handicrafts and agro-based industries.
- The state has proposed 40 IT/ITeS parks (apart from IT SEZs), two biotech zones and a knowledge park. Development of integrated agro/food processing zones has been proposed at Hapur, about 54 km from Delhi.
- An apparel park at Tronica City, Ghaziabad, and a textile & hosiery park at Rooma, Dist., Kanpur, have been set up by UPSIDC to promote the apparel industry.
- National Automotive Testing and R&D Infrastructure Project (NATRIP) also envisages the setting up of comprehensive testing and validation facilities, including field tracks for agricultural tractors, trailers, construction equipment and various other off-road vehicles, at Raebareli in northern India. This centre would house India`s first state-of-the-art road accident data analysis facility.