Uttar Pradesh to Launch Export Policy
ECONOMY & POLICY

Uttar Pradesh to Launch Export Policy

Uttar Pradesh is preparing to unveil a new five-year export policy aimed at increasing its share of India's total exports to 7.5 per cent, contributing to the state's ambition of becoming a $1 trillion economy. The policy, set for 2025-30, will replace the current one and is designed to enhance the state's export capabilities, supporting economic growth and job creation.

Minister for Industrial Development, Export Promotion, NRI, and Investment Promotion, Nand Gopal Gupta ‘Nandi’, stated that the policy’s target is to raise the state’s export share from 4.71 per cent in 2023-24 to 7.5 per cent. He emphasized that the initiative aligns with Uttar Pradesh’s ongoing efforts to improve logistics, investment, and export infrastructure. During the April-September period of the current financial year, Uttar Pradesh accounted for 4.89% of India's total exports. The state is already offering incentives to exporters through schemes such as the Marketing Development Assistance, Gateway Port Scheme, and Air Freight Rationalisation, with the upcoming Jewar Airport set to further improve connectivity.

Gupta also highlighted the success of the one-district-one-product scheme, which has provided training and toolkits to 1,33,472 artisans, fostering skill development and entrepreneurship. The state has identified district-specific products, enhancing the prospects of traditional crafts and supporting local employment.

India's goods and services exports are expected to exceed $800 billion in 2024-25, up from $778 billion in 2023-24.

Uttar Pradesh is preparing to unveil a new five-year export policy aimed at increasing its share of India's total exports to 7.5 per cent, contributing to the state's ambition of becoming a $1 trillion economy. The policy, set for 2025-30, will replace the current one and is designed to enhance the state's export capabilities, supporting economic growth and job creation. Minister for Industrial Development, Export Promotion, NRI, and Investment Promotion, Nand Gopal Gupta ‘Nandi’, stated that the policy’s target is to raise the state’s export share from 4.71 per cent in 2023-24 to 7.5 per cent. He emphasized that the initiative aligns with Uttar Pradesh’s ongoing efforts to improve logistics, investment, and export infrastructure. During the April-September period of the current financial year, Uttar Pradesh accounted for 4.89% of India's total exports. The state is already offering incentives to exporters through schemes such as the Marketing Development Assistance, Gateway Port Scheme, and Air Freight Rationalisation, with the upcoming Jewar Airport set to further improve connectivity. Gupta also highlighted the success of the one-district-one-product scheme, which has provided training and toolkits to 1,33,472 artisans, fostering skill development and entrepreneurship. The state has identified district-specific products, enhancing the prospects of traditional crafts and supporting local employment. India's goods and services exports are expected to exceed $800 billion in 2024-25, up from $778 billion in 2023-24.

Next Story
Resources

Blum Experience Centre Opens in Kanpur

Furniture fittings major Blum has expanded its presence in Uttar Pradesh with the opening of Elika by Ajanta Agencies, an authorised Blum Experience Centre in Kanpur. The centre offers homeowners, interior designers, and architects an opportunity to experience how high-quality fittings can transform comfort and functionality in modern living spaces. The experience centre showcases Blum’s signature innovations including the LEGRABOX drawer systems, SERVO-DRIVE motion technologies, SPACE STEP dual-purpose drawer and step solution, and SPACE TOWER tall pantry unit. Visitors can explore erg..

Next Story
Infrastructure Transport

Kapsch TrafficCom Opens Four New Toll Plazas in Serbia

Kapsch TrafficCom has opened four new toll plazas along Serbia’s Moravski Corridor, marking another milestone in the country’s ongoing road infrastructure development. The corridor, a 112.4 km motorway in central Serbia, links the east-west axis with the north-south corridor between Hungary and North Macedonia, connecting the A1 and A2 highways and improving access between Belgrade and the Zlatibor mountain region. Ivan Katalina, Sales Manager Balkans, Kapsch TrafficCom, said, “The implementation of the tolling systems is proceeding smoothly and on schedule. Our local expertise, com..

Next Story
Infrastructure Urban

Megaliter Varunaa Secures Rs 15 million Seed Funding for Urban Water Circularity

Hyderabad-based Megaliter Varunaa, a subsidiary of NSE-listed Banka BioLoo Limited and mentored by Brigade REAP, has raised Rs 15 million in seed capital from long-term institutional investors. The funding will accelerate project development, technology innovation, and business expansion in urban water management. Megaliter Varunaa transforms sewage treatment plants into circular water utilities through its flagship ‘Megaliter Model’—a zero-CapEx, subscription-based solution that maximises wastewater reuse for non-potable applications such as flushing, landscaping, and chiller syste..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?