Overview
Uttar Pradesh, India’s most populous state, recorded a GSDP of ₹24.69 lakh crore in 2023–24, with a growth rate of 9.5%. The state’s per capita income stands at ₹1,31,930, reflecting steady economic growth. Known for its agricultural output and manufacturing, Uttar Pradesh is a major contributor to India’s economy. Lucknow, the capital, serves as the political and administrative center, while cities like Kanpur and Agra are industrial hubs.
Why Invest in Uttar Pradesh
- Large Market: Largest consumer base in India, offering vast market opportunities.
- Agriculture Hub: Leading producer of food grains, sugarcane, and vegetables.
- Manufacturing Growth: Significant growth in textiles, electronics, and automobile manufacturing.
- Government Initiatives: Investor-friendly policies aimed at improving infrastructure and ease of doing business.
Incentives & Schemes
- Industrial Investment Policy: Tax benefits and land allocation for industries in key sectors.
- Agri-Value Chain Development: Support for cold storage, food processing, and agricultural exports.
- Infrastructure Boost: Focus on transport, logistics, and urban development.
Key Economic Data: Uttar Pradesh
| Category |
Details |
| Capital |
Lucknow |
| GSDP (2023–24) |
₹24.69 lakh crore |
| Growth Rate |
9.5% |
| Per Capita Income |
₹1,31,930 |
| Top Sectors |
Agriculture, Manufacturing, Services |
| FDI Share in India |
6.5% |
| Top FDI Sources |
Singapore, USA |
| Cumulative FDI (FY2024) |
₹10,000 crore (Q1) |
| Policy Impact |
Focus on infrastructure and industrial development |
| Recent FDI |
₹2,500 crore (2020–21) |
Latest Insights
- Uttar Pradesh attracted ₹10,000 crore in cumulative FDI by Q1 FY2024.
- Agriculture continues to dominate, with growing investments in manufacturing and services.
- Government initiatives are accelerating infrastructure development and industrialization.
