Chief Minister Yogi Adityanath gave instructions to accelerate startup culture, IT-ITES sector, semiconductor projects and electronic manufacturing. Investors should get timely incentives, youth should get technical training and new land banks should be developed.
Chief Minister Yogi Adityanath said that the startup culture is continuously progressing in Uttar Pradesh. To further strengthen it, all the needs like training, testing and market linkage should be met. He said that connecting the youth with the technology-based new economy is the biggest priority of the government.
Increase participation of youth in IT sector
The Chief Minister directed that direct participation of youth in IT and ITES sector should be increased. For this, experimental training models should be prepared and cooperation with organizations like Ian Reality should be increased.
Investors do not have to wait for incentives
In the review meeting of the IT and Electronics Department, he said that simple, transparent and time bound permission system should be made available to the investors associated with IT-ITES sector. Responsibility should be fixed at the departmental level to ensure that eligible investors do not have to wait for incentive funds.
Rapid progress in semiconductor and electronic manufacturing
The Chief Minister said that Uttar Pradesh is continuously reaching a strong position in the field of semiconductor, startup, data center and electronic manufacturing.
One project in the semiconductor sector has been approved and continuous communication is being maintained with the Government of India for two new projects.
New land banks should be developed in Noida, Greater Noida and YEIDA.
He said that new land banks should be developed in Noida, Greater Noida and YEIDA to increase investment and attract industries.
Record increase in electronic exports in 8 years
The meeting was informed that exports of electronic products were ₹3,862 crore in 2017–18, which increased to ₹44,744 crore in 2024–25.
IT exports increased from ₹55,711 crore to ₹82,055 crore during the same period.
67 investment proposals have been received under the Electronics Manufacturing Policy 2020, with a potential investment of ₹ 15,477 crore and 1,48,710 employment opportunities. ₹430 crore of incentives have been sanctioned so far, and 25 more proposals are expected to go ahead by March 2026.
Investment of ₹21,342 crore in data center sector
Under the data center policy, companies like Hiranandani Group, NTT Global, Web Werks, Adani Enterprises and ST Telemedia have made investment proposals totaling more than ₹21,342 crore. This is creating about 10,000 new jobs.
Rapid progress under Startup Policy
- Continuous progress has also been recorded under the Startup Policy.
- While an amount of ₹274 lakh was released for startup promotion in the year 2021–22, it has increased to ₹2,600 lakh by January 2025.
- The Chief Minister directed for effective utilization of startup fund and further strengthening its monitoring system.