Key Policy Objectives
- Establish Uttar Pradesh as the preferred
destination for electronics industry - Establish three (3) Electronics Manufacturing
Clusters (EMC) in the state - Provide approx. 4 Lakh (0.4 million)
employment opportunities within the state - Foster a culture of research, innovation and
entrepreneurship
Key policy highlights
- Interest Subsidy @5% per annum on the rate of interest (investment up to INR 200 Cr on the loan) is
reimbursed up to maximum of INR 1 Cr per annum per unit for 5 years (Maximum INR 5 Cr per unit) to
the ESDM Units @up to 60% of annual interest for 7 years subject to INR 10 Cr per year with an
overall ceiling of INR 50 Cr per private ESDM park. - Stamp Duty @100% exemption of stamp duty on purchase/lease of land shall be available for the
establishment of individual ESDM units @100% exemption of stamp duty on first transaction (Owner to
Developer/SPV) and 50% exemption on second transaction (Developer/SPV to ESDM Units) shall be
available for purchase/lease of land for EMCs/ESDM parks. - Patent Filing@up to INR 5 Lakhs for domestic and INR 10 Lakhs for international patents, on actual
basis reimbursement - Land Subsidy @25% on prevailing sector rates on purchase of land from state agencies in Madhyanchal
and Paschimanchal regions. @50% on prevailing sector rates on purchase of land from state Agencies
in Bundelkhand and Purvanchal regions - Energy @50% exemption of Electricity Duty shall be provided for a maximum period of 10 years to all
ESDM units