The Uttar Pradesh Department of IT and Electronics (UPITE) on August 20, 2020 has introduced the new electronics manufacturing policy 2020. This policy is now applicable to the entire state of Uttar Pradesh. The policy aims at inviting investment of 40 thousand Crore rupees in next five years for generating four lakh direct employment.
The broad objectives of the policy are given below:
• To establish Uttar Pradesh as the preferred destination for electronics industry
• To build a world class ESDM ecosystem in the state
• To nurture MSME enterprises as the growth engine of the economy
• To foster a culture of research, innovation and entrepreneurship
• To create sector-specific high-quality talent pool for the benefit of the industry
A Nodal Agency under the Department of IT & Electronics, Govt. of Uttar Pradesh shall be nominated for effective implementation of the UP Electronics Manufacturing Policy 2020. The agency shall be responsible for creating a conducive policy environment for sustained growth of electronics manufacturing ecosystem in the state. It will act as Single Window for engagement with all ecosystem stakeholders. To manage the Single Window operations, Nodal Agency will set up a dedicated Project Management Unit (PMU) adequately staffed with outsourced professionals and consultants to support the Government.
The UP Electronics Manufacturing Policy, 2020 will be valid for five years from the date of its notification. Policy is applicable for the proposals submitted and investments made after the notification of this policy. The Empowered Committee constituted under the policy shall decide upon the extension of policy period.
