Lucknow, June 29: The Uttar Pradesh government has taken a significant step to boost industrial investment and job creation. Under the COVID-19 Rapid Investment Incentive Policy of 2020, the government has approved a financial incentive package of ₹46.79 crore for four industrial units.
The Empowered Committee meeting, chaired by Chief Secretary S.P. Goyal, also discussed proposals for providing special facilities and concessions to mega projects. The meeting focused on promoting mega industrial projects and approving financial assistance for eligible companies under the COVID-19 Rapid Investment Incentive Policy.
The approved proposals include ₹29.59 crore for JK Cement Limited in Hamirpur, covering the period from April 1, 2025, to December 31, 2025 (three quarters). Kanodia Cement Private Limited in Amethi has been granted ₹3.62 crore for the period from July 1, 2025, to September 30, 2025 (one quarter).
Additionally, Ankur Industries Limited in Gorakhpur will receive ₹10.38 crore for the same quarter, while Unilever India Limited in Hamirpur has been approved for ₹3.20 crore for the period from April 1, 2024, to December 31, 2024 (three quarters).
The meeting also emphasized that the state government is continuously working to promote industrial investment, attract new mega projects, and create a favorable environment for investors. To this end, timely disbursement of incentive funds to eligible industrial units is being ensured, aiming to further accelerate investment, production, and job creation in the state.
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