Why Uttar Pradesh
Uttar Pradesh is considered as the heartland of the country. The state offers loads of investment opportunities to the entrepreneurs across the globe. All you need is to unfold these investment opportunities, before you arrive at a judicious decision on investing your business acumen and of course the money here. For that purpose, we provide you a brief insight about U.P. as below:
The state is in a continuing process of improving the industrial infrastructure and has developed integrated industrial townships like in NOIDA and Greater Noida with state-of-the-art facilities. Noida special economic (export) zone enjoys a good inflow of investment from many domestic and international players such as, Coca-Cola, Pepsi, Glaxo, Moser Baer and BPO centres etc. and manufacturing units of reputed brands in Electronics, Textiles, Engineering, Computer Software. Lucknow is growing as another hub of IT & ITeS and BPO industry. Gorakhpur, Bhadohi, Satharia (Jaunpur) & Lucknow along with U.P. State Industrial Development Corporation (UPSIDC) are some of the other promising Industrial Development Authorities. Moradabad SEZ is a product-specific manufacturing zone for metal-ware and artifacts. Besides, there are four functional private SEZs viz. Moser Baer India Ltd. (Non-conventional Energy) and Wipro Technologies Ltd. (IT/ITeS) at Greater Noida along with HCL Technologies Ltd. (IT/ITeS) & Seaview Developers Ltd. (IT/ITeS) at NOIDA.
A congenial industrial ambience with a series of measures to improve ‘doing business’ environment, coupled with readily available labour assets and more importantly, a big pool of highly skilled human resources in diverse fields, produced inside the State is unmatched anywhere in India. The timelines for obtaining various approvals from different departments have already been defined keeping in view the best business practice. The State is the proud home to many renowned national level research and training institutions, such as the Indian Institute of Technology-Kanpur, the Industrial Toxicology Research Centre-Lucknow, the Central Drug Research Institute-Lucknow, Indian Institute of Management-Lucknow, the Indian Institute of Handloom Technology-Varanasi, the Northern India Textile Research Association centers in different cities, the National Botanical Research Institute-Lucknow, as well as the Gautam Buddh Technical University (formely known as UPTU) with various affiliated higher professional study colleges.
To encourage investors and to promote business opportunities, a robust investor and industry friendly policy framework with active involvement of industrial and business bodies and thoughtfully devised facilitation mechanisms are being spruced up. Procedures and processes are being simplified and rationalized further, so that, entrepreneurs are guaranteed the best services, support and facilities right from the inception to the implementation of their projects becoming functional.
Notwithstanding economic recession, government support and incentives, self-resilient markets and ever increasing huge domestic demand continuously create ample space for hectic economic activity in all spheres opening avenues of immense opportunities for progress and growth.