The Uttar Pradesh State Industrial Development Authority (UPSIDA) has experienced remarkable growth in land allotments across various categories, according to state government data released on Thursday.
"Plot allotments surged by approximately 320%, land allotments by 360%, and employment generation by nearly 350%. Simultaneously, UPSIDA's operating revenue more than tripled, underscoring the state's rapid industrial advancement and growing investor confidence," a government spokesperson said.
In the period from 2017–18 to 2024–25, the number of industrial plots allotted rose from 191 to 798, marking a 318% increase. Similarly, the land allocated for industries grew from 114 acres to 526 acres, a notable improvement.
Employment opportunities generated by UPSIDA also saw a significant rise. From 11,570 jobs in 2017–18, the figure jumped to 51,761 in 2024–25, a 347% increase, reflecting UPSIDA’s key role in empowering the youth and bolstering the state’s industrial ecosystem.
UPSIDA's financial performance mirrored this growth. The authority’s operating revenue skyrocketed from Rs 586 crore in 2019–20 to Rs 1,900 crore in 2024–25—an increase of more than three times. This surge in revenue highlights UPSIDA's efficient management and the increasing trust investors have in Uttar Pradesh’s industrial potential.
Over the past eight years, UPSIDA has played a pivotal role in transforming industrial infrastructure, positioning Uttar Pradesh as one of India’s top industrial states. By fostering a transparent, streamlined, and investor-friendly environment in line with state industrial policies, UPSIDA continues to drive sustainable and inclusive growth.
UPSIDA CEO Mayur Maheshwari emphasized, "Under the guidance of Chief Minister Yogi Adityanath ji, the vision of making Uttar Pradesh a $1 trillion economy is steadily becoming a reality. We have created a facilitative ecosystem for investors, and the results speak for themselves."