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    <author>ENA</author>
    <category>State</category>
    <date>2025-06-13 18:14:15</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;Kanpur, Jun 13 (KNN)&lt;/strong&gt; The Uttar Pradesh State Industrial Development Authority (UPSIDA) has launched the Private Industrial Park Scheme to attract private investment and boost industrial infrastructure in the state. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The scheme invites interested investors to establish private industrial parks across different regions of Uttar Pradesh, offering a range of attractive incentives.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Under this scheme, investors in Paschimanchal and Madhyanchal regions can develop industrial parks on 30 to 100 acres of land. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;They will receive 100 per cent exemption on stamp duty and a capital subsidy of up to Rs 40 crore (excluding land cost), including 25 per cent of capital investment (CI). &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Additionally, a capital subsidy of up to Rs 25 crore is provided for building costs of hostels or dormitories.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;In the Poorvanchal and Bundelkhand regions, the eligibility starts from 20 acres and goes up to 100 acres, with similar incentives. However, the capital subsidy in these regions is higher&amp;mdash;up to Rs 45 crore&amp;mdash;reflecting the governments push for industrialization in these less-developed areas.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;A special provision is made for Mega Private Industrial Parks spread over 100 acres or more. These projects will be eligible for a capital subsidy of up to Rs 80 crore on CI and up to Rs 50 crore on dormitory or hostel construction, alongside 100 per cent stamp duty exemption.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The brochure can be downloaded from &lt;a href=&quot;https://niveshmitra.up.nic.in&quot;&gt;niveshmitra.up.nic.in&lt;/a&gt;, and applications can be submitted online. Interested investors can reach UPSIDA for more information.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;em&gt;&lt;strong&gt;(KNN Bureau)&lt;/strong&gt;&lt;/em&gt;&lt;/span&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>42444</id>
    <link>https://knnindia.co.in/news/newsdetails/state/up-government-invites-investors-to-set-up-private-industrial-parks</link>
    <pubDate>2025-06-13 18:14:15</pubDate>
    <source>knnindia.co.in</source>
    <title>UP Government Invites Investors to Set Up Private Industrial Parks</title>
</root>
