Lucknow (Uttar Pradesh) [India], December 2 (HBTV): During a review meeting of the Information Technology and Electronics Department on Saturday, Uttar Pradesh Chief Minister Yogi Adityanath stressed the need for a simple, transparent, and time-bound approval system for investors in the IT and ITES sectors, according to an official release.
The Chief Minister said the state’s startup ecosystem is expanding rapidly and must be strengthened by ensuring comprehensive support for training, testing, and market linkages. He emphasised that integrating youth into a technology-driven economy is a key priority for the government. To increase youth engagement in the IT and ITES sectors, he called for innovative training models and enhanced collaboration with organisations such as Eion Reality.
CM Yogi instructed that eligible investors should not face delays in receiving incentives and directed the department to ensure clear accountability for timely processing. He noted that Uttar Pradesh has steadily advanced in startups, semiconductors, data centres, and electronics manufacturing, and must now position itself at the forefront of global competition.
He said one semiconductor project has already been approved and directed officials to continue engaging with the Government of India for two additional proposals. He also instructed the development of new land banks in Noida, Greater Noida, and YEIDA to support future investments.
During the meeting, officials informed that electronics exports have increased from INR 3,862 crore in 2017–18 to INR 44,744 crore in 2024–25. In the same period, IT exports rose from INR 55,711 crore to INR 82,055 crore.
Under the Electronics Manufacturing Policy 2020, the state has received 67 investment proposals worth INR 15,477 crore, with the potential to create 1,48,710 jobs. Incentives amounting to INR 430 crore have been approved so far, while 25 additional proposals are expected to be cleared by March 2026.
Under the Data Center Policy, companies including the Hiranandani Group, NTT Global, Web Werks, Adani Enterprises, and ST Telemedia have proposed investments exceeding INR 21,342 crore, projected to generate around 10,000 jobs.
The Startup Policy has also shown substantial progress. While INR 274 lakh was released for startup promotion in 2021–22, the figure increased to INR 2,600 lakh by January 2025. The Chief Minister directed officials to strengthen the monitoring and effective utilisation of the Startup Fund, the release added.
(ANI)