Uttar Pradesh Electronics Manufacturing Policy 2020

Key Policy Objectives

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  • Image of Establish Uttar Pradesh as the preferred
            destination for electronics industryEstablish Uttar Pradesh as the preferred
    destination for electronics industry
  • Image of Establish three (3) Electronics Manufacturing
            Clusters (EMC) in the stateEstablish three (3) Electronics Manufacturing
    Clusters (EMC) in the state
  • Image of Provide approx. 4 Lakh (0.4 million)
            employment opportunities within the stateProvide approx. 4 Lakh (0.4 million)
    employment opportunities within the state
  • Image of oster a culture of research, innovation and
            entrepreneurshipFoster 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

Download Policy Document (English
Language Size : 1.42 MB Last Updated On – Oct 20, 2021)

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