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Policy Statistics

Overall Policy Impact (as on june 2025)

  •  
    Proposed Employment3225
  •  
    Investment Proposed (Cr)65
  •  
    LOC Issued2
  •  
    Applications Received 1
  •  
    Applications Disbursed 0

Major Key Players

Policy Amendment

2012

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2022

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Events & Seminars

Strategic Objectives of IT/ITES Policy 2022

  • Achiever Category
  • Encouraging Innovation
  • Capacity Building
  • Attracting Investments
  • Promoting Exports
  • Increasing Employment
  • Balanced Regional Development

Uttar Pradesh - IT hub of North India

6th  Highest share in India's IT exports growing at a CAGR of 8%
1.25 Mn Annual Graduates from the State and presence of eminent institutions Such as IIT Kanpur, IIT BHU, IIIT Prayagraj, IIIT Lucknow.

Policy Highlights

IT Parks/ IT Cities
  • One Division One IT Park - Create one greenfield IT park in every revenue division of the state
  • One Region One IT City - Promote 'walk to work culture' by creating an IT city in each of the regions
R&D Centers
  • Support for recognized R&D centers and design centers
  • R&D activities should pertain to innovation in IT/ITeS sector
Centers of Excellence (CoEs)
  • Create three Centers of Excellence (CoEs) in the state
  • Financial support towards project cost
Skill Development
  • Reimbursement on emerging technology courses taken up by students and professionals
  • Collaboration with industry players and academia to decide on the relevant technology courses
Single Window Clearance System
  • Nivesh Mitra- Dedicated single window clearance system offering 454 services from 37 departments
  • Faster and time bound issuance of various approvals
Non-Fiscal Incentives
  • Exemptions* from inspections under various acts.
  • Permission to file self-certifications and 24*7 operations

Encouraging innovation ecosystem

Centers of Excellence (CoEs)
  • Vision to create world-class infrastructure in the form of CoEs to promote research, innovation and entrepreneurship
  • 50% of the total CoE project cost up to a maximum of INR 10 Cr
R&D Centers
  • The State Government will support recognized standalone or in-house R&D and Design Centers
  • Reimbursement of 50%** of the eligible R&D expenditure up to a maximum of INR 5 Cr

Infrastructure Augmentation

IT/ITES Mega Units
  • Special incentives on a case-to-case basis for large IT/ ITeS projects that qualify capital investment or employment creation requirement.
  • Incentives in the form of CAPEX, OPEX subsidy, etc.
IT Parks
  • Financial assistance towards development of IT park
  • Support of 25% of CAPEX up to a maximum of INR 20 Cr
  • Preferential land allotment on a fast-track basis
IT City
  • State-of-the-art infrastructure to promote 'walk to work' culture with residential and commercial complexes
  • One-time support of 25% of CAPEX up to a maximum of INR 100 Cr

Incentives

  • Encourage professionals and students to complete certifications in emerging technology courses
  • Reimbursement of 50% of the course fee up to INR 50,000 per candidate
  • UP Skill Development Mission (SDM) in collaboration with leading industry players and academic institutions to deliver trainings on courses pertaining to IT/ITeS sector"
Sr. No. Incentive Type Incentives Incentive Period
  Capital Subsidy 10% on Fixed Capital Investments (FCI) up to a maximum subsidy of INR 50 Cr One-time (annual instalments over 5 years)
  Operating Expense Subsidy 10% on Operating Expenses (Lease Rentals, Bandwidth Expenses, Data Center/Cloud Service Costs and Power Charges) up to INR 20 Cr p.a. 5 years
  Rebate on Land 25% reimbursement on the cost of land up to a maximum of INR 50 Cr One-time
  Interest Subsidy 7% p.a. on the term loan or actual interest paid, whichever is lower, up to a maximum of INR 1 Cr p.a. 5 years
  Stamp Duty 100% exemption on stamp duty One-time
  Grant on EPF for Employment Generation 100% reimbursement of EPF up to a maximum of INR 1 Cr p.a. for women/SC/ST/Transgender/Divyangjan employees 5 years
  Recruitment Assistance INR 20,000 per employee for units located in Uttar Pradesh 5 years
  Incentives for Certifications Reimbursement of three IT related certifications, up to INR 25 lakhs per unit One-time
  Patent Filing Cost 100% reimbursement on actual filing cost on awarded patents up to INR 5 Lakhs for domestic patents and INR 10 Lakhs for international patents One-time
  Work From Home Eligible for subsidy of employment generation, EPF reimbursement, and other employment-linked benefits 5 years
Sr. No. Incentive Type Incentives Incentive Period
  Capital Subsidy 10% on incremental Fixed Capital Investments (FCI) up to a maximum subsidy of INR 50 Crore One-time (annual instalments over 5 years)
  Grant on EPF for Employment Generation 100% reimbursement of EPF up to a maximum of INR 1 Crore per annum for women/SC/ST/Transgender/Divyangjan employees 5 years
  Recruitment Assistance INR 20,000 per employee in units located in Uttar Pradesh 5 years

"Incentives (except for Stamp Duty) will be disbursed post commencement of commercial operations

U.P. Electronics Corporation Limited, a company registered under the Companies Act, 1956, was incorporated on March 30, 1974. It is registered with the Registrar of Companies, Uttar Pradesh, Kanpur, under Certificate of Incorporation No. 3880 of 1974, dated 30.03.1974.

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Last Updated On - Thursday, Aug 28 2025 3:18PM
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