Uttar Pradesh, described as the heartland of India, falls under the influence area of the first two of India’s dedicated freight corridors – Western Corridor running between Delhi & Mumbai and Eastern Corridor running between Ludhiana and Kolkata, connecting it with remote parts of the country.
The investment in Uttar Pradesh will be worthwhile as the state is amongst India's most popular tourist destinations with the presence of Taj Mahal, Buddhist places of pilgrimage such as Sarnath and Kushinagar, and prominent Hindu pilgrimage places such as Prayagraj and Varanasi. The state was ranked first and third in terms of domestic and foreign tourist arrival, respectively, in 2019.
Uttar Pradesh has several locally specialised business clusters such as sports items in Meerut, brassware in Moradabad, perfumes in Kannuaj, leather in Kanpur, shoes in Agra, embroidered sarees in Varanasi, carpet in Bhadohi, chikan work in Lucknow, and much more. Thus, business and investment opportunities in Uttar Pradesh are hugely emerging.
Uttar Pradesh is known as the food basket of India as it is a leading producer of several food items. It is also the top manufacturing destinations in India contributing more than 8% of national manufacturing output. The state is a leading electronic hardware exporter in the country and has also emerged as a key hub for the IT/ ITeS and service sector, including software, captive business process outsourcing (BPO) and R&D services. Hence, the business community can explore many lucrative business opportunities in Uttar Pradesh.
Uttar Pradesh ranks #2 in the Business Reform Action Plan 2019 Rankings
Largest producer of milk and horticulture crops - gooseberry, guava, mango, peas, potato in India
Amongst top-5 manufacturing states, with highest number of Micro, Medium and Small enterprises (MSMEs) in India