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IN C ON V ERS ATION

I
foster investor trust.
n an exclusive conversation with
BW Businessworld’s Ruhail Amin, What measures are being taken
Uttar Pradesh State Industrial to create a conducive business
Development Authority (UPSIDA) environment?
CEO MAYUR MAHESHWARI UPSIDA is focused on creating a
discusses the strategic development of conducive business environment to
Integrated Manufacturing Clusters in attract long-term investments through
Agra and Prayagraj, the state’s vision to several key measures. These include
become a leader in industrial growth streamlining processes with Nivesh
Mitra, a single-window system for
approvals and clearances, ensuring

“Agra and Prayagraj IMCs Will Position “Expanding the


land bank of Uttar
Pradesh to 150,000
transparency and efficiency. UPSIDA
is developing world-class infrastruc-
ture, strictly in policy transparency in

Uttar Pradesh as India’s Premier acres by 2027


aligns with the
process including integrated industrial
clusters, ready-to-use plots, plug n play
feature and multi-modal connectivity

Manufacturing and Logistics Hub”


to improve logistics.
state’s industrial
The authority also emphasises
and infrastructural offering competitive incentives like
requirements” tax benefits, land subsidies, and dedi-
cated zones for different industries.
The Amritsar-Kolkata Industrial Additionally, UPSIDA promotes a
Corridor (AKIC) is poised to be a skill-ready workforce through training
game-changer for Uttar Pradesh. programmes and ensures environmen-
Ho w d o e s U P S I DA e nv i s i o n tal sustainability in industrial devel-
leveraging this initiative to trans- opment, fostering confidence among
form the industrial landscape ? investors for long-term growth.
The AKIC spans Punjab, Uttara-
khand, Haryana, Uttar Pradesh, Bihar, How do you see Uttar Pradesh
Jharkhand, and West Bengal, lever- positioning itself on the global
aging the Eastern Dedicated Freight manufacturing map?
Corridor (EDFC) as its backbone. In Under the Make in India initiative,
Uttar Pradesh, UPSIDA is develop- Uttar Pradesh is positioning itself as a
ing Integrated Manufacturing Clus- With IMC Agra and IMC Prayagraj complete. Targeting high-potential cessing, and leather for IMC Praya- land bank to 150,000 acres by 2027 major player in global manufacturing
ters (IMCs) in Agra (1,059 acres) and as flagship projects under AKIC, sectors like electronics, textiles, and graj is driven by Hon’ble CM’s vision is ambitious. What are the primary by focusing on infrastructure develop-
Prayagraj (352 acres). These clusters what specific strategies are being food processing, the clusters also em- of making the state a $1 Trillion econ- challenges in achieving this target ? ment, industrial clusters, and policy
aim to transform the state into a pre- employed to ensure these clusters phasise eco-friendly industries and omy. E-mobility aligns with India’s Expanding the land bank of Uttar reforms. The state is improving con-
mier manufacturing and logistics hub attract investors? sustainable practices. Specialised skill push for sustainable transportation Pradesh to 150,000 acres by 2027 nectivity with better transport net-
by enhancing multi-modal connectiv- UPSIDA’s IMCs in Agra and Praya- enhancement facilities ensure a trained and Uttar Pradesh’s rising demand for aligns with the state’s industrial and works, including highways and freight
ity and attracting global and domestic graj under the AKIC aim to attract workforce, while MSME zones support EV manufacturing. Food processing infrastructural requirements. The en- corridors, making it an attractive
investments. domestic and international investors technology access and funding. Global leverages the state’s agricultural abun- deavour faces various obstacles such destination for investors. By offering
Key priorities include workforce through world-class infrastructure, visibility is enhanced through road- dance, promoting value addition and as limited land availability, resistance sector-specific incentives, faster ap-
skill development, MSME support, multi-modal connectivity, tax incen- shows and collaborations, positioning rural development. The leather indus- to acquisition, regulatory bottlenecks, provals through Nivesh Mitra, and
and robust infrastructure to bridge tives, and streamlined clearances. Key these IMCs as leading industrial hubs try builds on Uttar Pradesh’s presence gaps in infrastructure, and environ- a skilled workforce, Uttar Pradesh is
urban-rural divides and promote facilities such as Effluent Treatment in Uttar Pradesh. in global markets, particularly Kanpur. mental considerations. UPSIDA’s set to draw investments from major
regional equity. Aligned with initiatives Plants, Water Treatment Plants, Solid These sectors align with the state’s fo- strategy entails proactive identifica- economies. Key sectors like electron-
like Make in India and PM Gati Shakti, Waste Management, roads, drainage Prayagraj IMC is focusing on sectors cus on job creation, exports, and green tion of land parcels, offering trans- ics, automotive, and textiles will boost
AKIC focuses on boosting exports, cre- systems, and commercial spaces are like e-mobility, food processing, and growth, boosting Uttar Pradesh’s posi- parent compensation, expediting ap- exports, creating a competitive manu-
ating jobs, and fostering sustainability planned. The land is under UPSI- leather. What factors influenced the tion in supply chains. provals, implementing Public-Private facturing hub with global appeal.
to strengthen Uttar Pradesh’s global DA’s possession, with environmental selection of these sectors? Partnership (PPP) models, and
industrial competitiveness. clearance obtained and master plans The selection of e-mobility, food pro- The plan to expand Uttar Pradesh’s integrating sustainability practices to ruhail@businessworld.in

32 | BW BUSINESSWORLD | 14 December 2024 14 December 2024 | BW BUSINESSWORLD | 33

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