The Uttar Pradesh State Industrial Development Authority (UPSIDA) has doubled its budget for FY 2026-27 to accelerate industrial development in the state.
Key Takeaways
- The budget for UPSIDA for FY 2026-27 has been doubled.
- Proposals for land acquisition and purchase for new industrial areas have been approved.
- Layout plans for industrial areas at Katayi Mill (Fatehpur), Sandhinawa Industrial Area, and Trishundi Industrial Area (Ayodhya) have been approved.
Under the visionary leadership of Hon’ble Chief Minister Shri Yogi Adityanath, the Uttar Pradesh State Industrial Development Authority (UPSIDA) continues to strengthen and expand industrial infrastructure across the State. UPSIDA is playing a pivotal role in achieving the Government of Uttar Pradesh’s vision of making the State a US$1 Trillion Economy.
Budget Increase
The 51st Board Meeting of UPSIDA was held on 03 August 2026 at Lok Bhawan, Lucknow, under the chairmanship of Shri Alok Kumar, Additional Chief Secretary, Infrastructure & Industrial Development Department and Chairman, UPSIDA Board. The Board deliberated extensively on key proposals related to industrial development, infrastructure strengthening, investment promotion, and administrative reforms. The most significant decision was the approval of a **doubled budget for the financial year 2026–27**, nearly twice that of the previous year, which will provide fresh momentum to the development of new industrial areas, expansion of industrial infrastructure, and investment promotion across Uttar Pradesh.
Why This Matters
The budget increase will significantly accelerate the development of new industrial areas and expansion of existing ones. Priority will be given to strengthening roads, power supply, water supply, drainage systems, and other core infrastructure, enabling UPSIDA to provide world-class industrial facilities to investors.
The UPSIDA budget increase will accelerate industrial growth and attract substantial investments in the state.
Other Decisions
The Board also approved proposals for:
- Land acquisition and purchase for the development of new industrial areas in various districts.
- Layout plans for industrial areas at Katayi Mill (Fatehpur), Sandhinawa Industrial Area, and Trishundi Industrial Area (Ayodhya).
- Emergency contingency fund of up to ₹10 lakh for regional offices and civil/electrical divisions of the Authority.
Frequently Asked Questions
- What were the key decisions taken during the 51st UPSIDA Board Meeting?
- What is the budget for UPSIDA for FY 2026-27?