We are removing bottlenecks on way to industrialisation of the State by adopting a pro- Industry approach, Sanjiv Saran, Principal Secretary, Infrastructure & Industrial Development Department, Govt of Uttar Pradesh, tells Elets News Network (ENN)
What is the role of Infrastructure & Industrial Development Department with regard to bringing investment to Uttar Pradesh?
The Government of Uttar Pradesh is going very aggressively in attracting industrial investment to the State. For this, we have formulated an Infrastructure and Industrial Investment Policy 2012, which provides lots of incentives to the industry, particularly to those industries where the investment is in the range of Rs 200-500 crore or more. We are also going out in a big way to invite investments especially in the IT and Electronics Manufacturing sector. Recently, the Government of India has sanctioned one FAB project in Greater Noida region, which will come up in the near future. We are welcoming industries coming from Japan, Korea and Taiwan to country-specific industrial zones, which we have already earmarked in the Greater Noida and along Yamuna Expressway.
What are the special incentives being provided for the companies coming with investment in IT, ITeS and Electronic Manufacturing areas?
In IT, ITeS and Electronics Manufacturing areas, we are providing capital subsidy and interest subsidy. Most importantly, we are providing one land at one location, in line with a cluster approach. We are in the process of developing a 100-acre land for Electronics Manufacturing cluster. Since the cost of land was high, the decision is being taken at the Chief Secretary level to have a back-end approach. It means that initial investment would be much lower for the land, so that the industry is free to devote the resources to the plant machinery, building and manpower.
What is the average industrial output that we can expect from Uttar Pradesh in the next 5 years?
In IT, ITeS and Electronics Manufacturing areas, we are providing capital subsidy and interest subsidy. Most importantly, we are providing one land at one location, in line with a cluster approach. We are in the process of developing a 100-acre land for Electronics Manufacturing cluster. Since the cost of land was high, the decision is being taken at the Chief Secretary level to have a back-end approach. It means that initial investment would be much lower for the land, so that the industry is free to devote the resources to the plant machinery, building and manpower.
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Please tell us know about ‘Udyog Bandhu’ initiative of your department.
The term ‘Udyog Bandhu’ means friend of the industry. Our objective is to remove all impediments coming in the way of growth of an industry. We are sorting out all the possible problems. We have devised various ways of doing it. For example, a person can log into our website and place his problem there. Secondly, every Thursday we have ‘Udyog Samadhan Diwas’, when we sit at one place in PICUP Building in Lucknow, along with all the departments related to industries. Any one walks in with his problem on this day between 11am and 12 noon without any prior appointments and we sort out their problems. We take pride in the fact that we have held lot many meetings and have removed all the long-standing problems. Secondly, we have also introduced a telephone service, a hotline from morning 8am to 8pm, through which any industrialist or entrepreneur can call us and express his problem. We get back to them and ask the department concerned to sort it out for them.
The current industrial growth rate in Uttar Pradesh is around 5.2%. But we foresee a huge growth in three regions, including Lucknow…
Anything more that you would like to know our readers?
We are fortunate to have a large hub of IT industries in NOIDA region. Companies like TCS, Wipro, HCL and Adobe have already established their facilities, besides ST Microelectronics, one of the biggest semi-conductor companies in the world. In fact, one would be glad to know that Samsung has recently set up a state-of-the-art manufacturing plant for mobile handsets and chipsets. We are encouraging more entrepreneurs to come and explore similar opportunities in Uttar Pradesh.