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Upsida's planning spurs industrial boom in state

Upsida's planning spurs industrial boom in state

Time of India08-08-2025
Lucknow: The Uttar Pradesh State Industrial Development Authority (UPSIDA) has emerged as a driving force behind the state's industrial transformation, an official spokesperson said on Friday.
The state's industry body was able to record a surge in land allotment and employment generation. "In 2017–18, just 114 acre of industrial land was allotted across UP. By 2024–25, this figure surged to 526 acres, accompanied by the allotment of 261 industrial plots," he said, adding in the financial year 2025-26, 88 acre land was allotted through 261 plots.
The spokesperson said that many more milestones were achieved by UPSIDA over the past eight years.
He said: "UPSIDA witnessed a remarkable surge in digital adoption through the Nivesh Mitra portal. In 2025–26, 3,059 applications were resolved on the portal, with entrepreneur satisfaction reaching 96.32%. In comparison, the number of applications resolved in 2018-19 was just 625."
UPSIDA recorded a 15-fold increase in the worth of industrial developmental works over the past seven years. "In FY 2017–18, UPSIDA undertook industrial development works worth Rs 57 crore.
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This investment rose to Rs 551 crore in FY 2024–25," he said, adding, "In the current financial year 2025–26, works worth Rs 225 crore are already underway."
Likewise, UPSIDA's operating revenue has doubled since 2019-20 – from Rs 576 crore in FY 2019–20 to Rs 1,344 crore in FY 2024–25. UPSIDA expanded its digital services from two to 42 now. "So far, more than 31,000 applications have been processed online with a resolution rate of 96%.
Yet another indicator is a fourfold growth in the number of operational industrial units. "In FY 2020–21, 403 units could be made operational. This number climbed to 800 units in 2021–22, 1,122 in 2022–23, 1,211 in 2023–24, and 1,418 in 2024–25. Notably, 666 new units were added in just the first quarter of the current financial year," they said.
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