Uttar Pradesh Approves ₹56.25 Crore Incentives for Four Industrial Units
The Uttar Pradesh government has approved financial incentives totaling ₹56.25 crore for four industrial units to boost investment.
Lucknow, October 21 (Daily Kiran) : The Uttar Pradesh government has approved financial incentives amounting to ₹56.25 crore for four industrial units as part of its initiative to promote industrial investment in the state. This decision was made during the 12th meeting of the Empowered Committee, chaired by Chief Secretary S.P. Goyal, held on Wednesday.
Under this scheme, industrial units located in Hamirpur, Barabanki, Amethi, and Gorakhpur will receive financial support over varying periods. The incentives are part of the state’s COVID-19 Rapid Investment Incentive Policy of 2020, aimed at providing special facilities and concessions to mega-scale industrial enterprises in regions such as Madhyanchal, Purvanchal, and Bundelkhand.
During the meeting, proposals for financial incentives for four companies were reviewed and approved. Specifically, JK Cement Limited in Hamirpur will receive ₹10.11 crore for the quarter from January 1, 2026, to March 31, 2026. Britannia Industries Limited in Barabanki has been approved for ₹12.77 crore for three quarters from July 1, 2025, to March 31, 2026.
Additionally, Kanodia Cement Private Limited in Amethi will receive ₹7.41 crore for two quarters from October 1, 2025, to March 31, 2026. Ankur Industries Limited in Gorakhpur has been approved for ₹25.97 crore for three quarters from October 1, 2025, to June 30, 2026.
In total, the approved financial incentives for these four industrial units amount to ₹56.26 crore, although the official release cites the figure as ₹56.25 crore.
