What is (UPSIDA) Uttar Pradesh State Industrial Development Authority ?
UPSIDA full form is Uttar Pradesh State Industrial Development Authority (UPSIDA), earlier it was known as UP State Industrial Development Corporation, is an autonomous statutory organization under the aegis of the Government of Uttar Pradesh, established for the development of medium and large-scale industries in the state. The organization provides various services for the promotion and development of industry in the state, including investment promotion, facilitation, infrastructure development, and policy advocacy.
One of the advantages of UPSIDA is that it provides a single window clearance system for setting up industries in the state. This has made it easier for entrepreneurs to set up businesses in Uttar Pradesh. Another advantage of UPSIDA is that it offers various incentives and benefits to industries, which has resulted in more industries setting up operations in Uttar Pradesh.
What is Uttar Pradesh State Industrial Development Authority(UPSIDA)?
The Uttar Pradesh State Industrial Development Authority (UPSIDA) is the state-level industrial development authority responsible for the development of industries in the Indian state of Uttar Pradesh. It was established in 1961 under the Uttar Pradesh Industrial Area Development Act and is headquartered in Kanpur.
The UPSIDA’s mandate is to promote and facilitate industrial investment in Uttar Pradesh, and to provide infrastructure and other support services to industries. It offers a range of services including land acquisition and allocation, project approvals, financing, technical consultancy, and marketing assistance. The UPSIDA also provides incentives for investments in specific sectors such as information technology, biotechnology, and Agro-processing.
What are the Functions & Objectives of UPSIDA, Uttar Pradesh
The Uttar Pradesh State Industrial Development Authority (UPSIDA) is the apex body for industrial development in the state of Uttar Pradesh, India. It is responsible for formulating and implementing policies and programs for the promotion of industries in the state.
UPSIDA has four regional offices, located at Kanpur, Lucknow, Varanasi, and Meerut. The authority also has three zonal offices, located at Agra, Allahabad, and Bareilly.
The objectives of the Uttar Pradesh State Industrial Development Authority (UPSIDA) are to promote and attract investments in the state of Uttar Pradesh, India. The authority also strives to develop infrastructure and provide incentives for businesses to set up operations in the state. In addition, UPSIDA works to create employment opportunities and support the growth of existing industries in Uttar Pradesh.
Industrial development in Uttar Pradesh is carried out under the following five broad categories:
1. Infrastructure development: This includes the development of basic infrastructure facilities such as roads, power, water supply, sewerage and drainage, gas, and other utilities necessary for the setting up of industries.
2. Investment promotion: This includes providing information and facilitation services to potential investors, assisting them in securing requisite approvals/ clearances, and facilitating their investment proposals.
3. Industry-specific interventions: This includes sector-specific policies and programs for promoting specific industries such as electronics hardware manufacturing, textiles, leather, etc. under which various incentives are provided to the industry.
4. Human resource development: This includes initiatives for developing skilled human resources required by the industry through vocational training programs, apprenticeships, etc.
5. Support to existing industries: This includes measures for improving the competitiveness of existing industries through technological upgradation, provision of common facility centers, etc.
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Industrial Area Developed by UPSIDA, Uttar Pradesh
The Uttar Pradesh State Industrial Development Authority (UPSIDA) is a state-level industrial development authority in India. It was established in 1961 by the Government of Uttar Pradesh to promote industrialization in the state.
To date, UPSIDA has developed a record 154 industrial areas on approximately 43,788.54 acres of land across Uttar Pradesh. UPSIDA has developed numerous industrial areas across Uttar Pradesh, providing infrastructure and support to industries to setting up shops there.
One of UPSIDA’s most successful projects is the Agra Industrial Area, which was developed in the early 1980s. The Agra Industrial Area is home to over 1,000 industries, employing over 100,000 people. It has been instrumental in driving economic growth in the region and attracting investment from all over India and abroad.
Other notable UPSIDA-developed industrial areas include Kanpur, Lucknow, Noida, Ghaziabad, and Meerut. To cater to the modern demands of High-tech quality infrastructure, the Corporation has ventured into many new areas by developing High-tech integrated industrial townships like Trans Ganga and Saraswati High-tech cities and also sector-specific industrial areas like Plastic City, Agro Parks, Apparel Park, Leather Park, Defense Corridor among others.
How to Buy Industrial land/ Plots of UPSIDA, Uttar Pradesh
UPSIDA or Uttar Pradesh State Industrial Development Authority is a state government organization that works to promote industrialization in the state of Uttar Pradesh. It offers various incentives and benefits to industries setting up their operations in the state.
When it comes to buying industrial land or plots in UPSIDA, there are a few things that you need to keep in mind. Firstly, you need to make sure that the land or plot you are interested in is zoned for industrial use. Secondly, you need to consider the size and location of the land or plot. And lastly, you need to get in touch with UPSIDA and obtain all the necessary approvals before making any purchase.
