UPSIDA revenue triples as industrial push gains momentum
This transformation is clearly reflected in the sharp increase in UPSIDA's revenue.
In the financial year 2023–24, UPSIDA recorded revenue of ₹1,898 crore, with an estimated ₹1,937 crore projected for FY 2024–25 — marking over a threefold increase compared to FY 2021–22, the state government said on Sunday.
This significant growth highlights not only financial success but also growing investor confidence in Uttar Pradesh, said UPSIDA officials.
The authority's expanded mission now includes establishing Uttar Pradesh as a major industrial hub in India — attracting large-scale investments, creating employment opportunities for youth, and ensuring inclusive and sustainable growth across the state.
Thanks to transparent and efficient land allotment systems, UPSIDA has allotted over 1,600 industrial plots in the past three years. Notably, 798 of these were allotted in FY 2024–25 alone. These allocations have directly boosted industrial investment and created thousands of jobs statewide.
Under the Digital India Mission, UPSIDA has significantly improved service delivery. Through 42 digital services — including the 'Nivesh Mitra' portal, e-auctions, online payments, and grievance redressal mechanisms — the authority has received over 31,000 online applications, 96% of which have already been resolved, the state government reported.
UPSIDA has approved a record budget of ₹6,190 crore for FY 2025–26. This budget will be used to upgrade industrial area facilities, including smart roads, continuous water supply, sewage networks, and 24x7 electricity.
Promoting financial discipline, UPSIDA has reduced administrative expenses by 9%. Simultaneously, infrastructure spending has increased from ₹104 crore in 2017–18 to ₹415 crore in 2023–24, reflecting a strong focus on development.
To enhance women's participation in industrial zones, UPSIDA has introduced pink toilets, dormitories, and women's help desks. Under the Atal Industrial Infrastructure Mission (AIIM), women-focused skill training and health services are also being provided.
In line with its commitment to environmental sustainability, UPSIDA is working on initiatives such as the creation of green zones, effective solid and liquid waste management, and pollution control measures to balance industrial growth with ecological preservation.
Through the mega allotment scheme launched in May 2025, 113 plots were allotted, which is expected to attract ₹700 crore in investment and generate over 4,800 jobs.
Under the government's inclusive industrial policy, small industries are being provided affordable land and simplified procedures, while large investors benefit from dedicated cluster zones and robust policy support.
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