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Uttar Pradesh is emerging as one of the leading destinations for business and investment in India. With a vision to become a globally competitive industrial and innovation hub, the state has rolled out transformative initiatives to ease the process of doing business. These initiatives, spearheaded by digital interventions like Nivesh Mitra Portal (https://niveshmitra.up.nic.in/), are setting a new benchmark in investor facilitation, driving sustainable growth, and attracting both domestic and international investments. Let’s explore how Uttar Pradesh is transforming its business landscape, helping investors at every stage, from the initial setup to long-term growth.

In a bold stride toward positioning itself as a premier investment destination, the Government of Uttar Pradesh has unveiled a visionary policy — UP FDI/FCI, Fortune Global 500 & Fortune India 500 Companies’ Investment Promotion Policy 2023 (https://invest.up.gov.in/incentive-policy-2023/). This is a dedicated initiative aimed exclusively at incentivizing Foreign Capital Investment (FCI), as well as encouraging top global and national corporations from the Fortune Global 500 and Fortune India 500 lists to invest in the state.

Until recently, driving down a highway in Uttar Pradesh, ‘India’s most populous state’ meant navigating through a web of challenges. Endless trucks carrying everything from farm produce to industrial goods often got caught in bottlenecks, slowed down by outdated infrastructure and inefficient routes. It was a picture of India’s logistics landscape – vast and vital, yet burdened by inefficiencies that held back its true potential.

Uttar Pradesh, one of India’s most dynamic and populous states, has introduced a forward-thinking policy framework to catapult its industrial landscape into the global spotlight. The Industrial Investment & Employment Promotion Policy 2022 (IIEPP 2022) (https://invest.up.gov.in/uttar-pradesh-industrial-investment-employment-promotion-policy-2022/) is a comprehensive, policy aimed at transforming the state into a globally competitive industrial and investment hub. It builds on past successes and sets ambitious targets, including boosting UP’s GSDP to US $1 trillion.