In a significant step towards accelerating industrial growth and private investment in Uttar Pradesh, Chief Minister Mr. Yogi Adityanath chaired a high-level meeting of the Industrial Development Department on Thursday to review preparations for the upcoming Fifth Groundbreaking Ceremony, scheduled for November 2025. A bold investment target of over Rs 5 lakh crore has been set for this edition, underscoring the state’s ambition to become a top industrial hub in India.
Rs 15 Lakh Crore in Projects Implemented So Far
During the meeting, the department highlighted the state’s strong track record over the past eight and a half years, having successfully executed four groundbreaking ceremonies involving projects worth Rs 15 lakh crore. These investments have reportedly generated employment for over 60 lakh youth, showcasing the significant impact of the state’s industrialisation policies.
Fair Land Acquisition a Priority for Farmer Welfare
Mr. Adityanath directed all industrial development authorities to ensure harmonious and fair land acquisition practices. Recognising the emotional and economic value of land to farmers, the Chief Minister called for a review and enhancement of compensation rates based on regional needs.
“People are emotionally attached to their land since it is their lifelong capital. If land has to be acquired in the interest of the state, they must receive fair compensation. There should not be a single complaint of exploitation,” he said, urging officials to prioritise dialogue and coordination with local stakeholders.
FinTech Hub Proposed in Noida-Greater Noida-Yamuna Region
To drive financial innovation and attract global institutions, Mr. Adityanath proposed the development of a dedicated FinTech hub in Noida, Greater Noida, or the Yamuna Authority area. The hub is envisioned as a base for major banking institutions and digital finance companies, aligning with Uttar Pradesh’s digital economy goals.
Boost to Electronics Exports and Land Reallocation
The Chief Minister also called for focused efforts to boost electronic product exports, a sector identified as a key growth driver under the state’s industrial policy. He directed authorities to cancel industrial land allotments if left unused for over three years, ensuring better land utilisation and opportunity for new investors.
Special Employment Zones to Honour Sardar Patel
In a landmark decision, the Chief Minister announced the creation of Special Employment Zones in honour of Sardar Vallabhbhai Patel in every district. These zones will be developed on at least 100 acres and are intended to become hubs of entrepreneurship, industry, innovation, and skill development.
“This initiative will serve as a model for the entire country,” said Mr. Adityanath, reflecting the government’s intent to make Uttar Pradesh a leader in employment generation and industrial modernisation.
Manufacturing Sector Targets Rs 5 Lakh Crore GVA for FY 2025–26
The Industrial Development Department informed the CM that a Gross Value Added (GVA) target of Rs 5 lakh crore has been set for the manufacturing sector for the year 2025–26. To achieve this, registration of 8,000 industrial units under the Factories Act is required. As of now, 1,354 units have been registered, and efforts are underway to accelerate this process.
Labour Reforms and Ease of Doing Business in Focus
To streamline operations for investors and entrepreneurs, the Chief Minister stressed the simplification of the Nivesh Mitra and Nivesh Sarathi portals, ensuring investors of all scales can operate without frequenting government offices. He also instructed officials to activate unused industrial plots and expedite labour reforms to improve the investment climate.
