1. UP Semiconductor Policy 2024: India's Most Aggressive Incentive Framework
•Strategic Objective: Position Uttar Pradesh—specifically the Noida–Greater Noida–YEIDA belt—as India's primary hub for compound semiconductors, ATMP (Assembly, Testing, Marking, and Packaging), and OSAT (Outsourced Semiconductor Assembly and Test) units.
•Core Financial & Fiscal Incentives:
•Additional Capital Subsidy: 50% top-up capital subsidy over and above the Government of India's ISM (India Semiconductor Mission) / SPECS subsidy.
•Land Subsidy: 75% subsidy on land purchase for the first 200 acres allotted to semiconductor fabrication and ATMP/OSAT units.
•Interest Subvention: 5% annual interest subvention on term loans up to ₹200 crore (maximum ₹1 crore per year for 7 years).
•Stamp Duty: 100% exemption on stamp duty and registration fees for land acquired or leased.
◦10-year 100% electricity duty exemption.
◦Subsidized power tariff and mandatory dual grid feed to ensure 100% uninterruptible power supply (zero micro-fluctuation requirement).
•Water Supply Guarantee: Assured treated industrial water allocation with 50% capital subsidy on internal water treatment and recycling units.
2. UP Data Centre Policy 2026: The 2 GW AI Infrastructure Vision
•Target cumulative investment of ₹2 lakh crore in the data centre vertical.
•Develop 2,000 MW (2 GW) of operational data centre capacity by 2030.
•Establish Tier III and Tier IV AI-ready, sovereign cloud, and green computing facilities.
•Geographical Epicentre: The YEIDA region along the Yamuna Expressway is developing Asia's densest data centre cluster, attracting hyperscalers like Yotta D1, NTT, AdaniConneX, and Sify.
•Capital subsidy up to 25% for equipment and green energy transition.
•100% exemption from electricity duty for 10 years.
•Dual-grid transmission lines laid by UPPTCL on priority.
•Permission for building data centres on up to 3.0 Floor Area Ratio (FAR).
3. Global Capability Centres (GCC) Policy & Conclaves
•Strategic Pivot: Uttar Pradesh is diversifying beyond physical manufacturing into high-value knowledge services, engineering R&D, and corporate back-offices.
•UP GCC Conclaves (June & September 2025):
•Highlighted Noida as North India's premier GCC capital, rivaling Bengaluru and Hyderabad.
•Incentives: Special rental subsidies, talent acquisition grants of ₹20,000 per local recruit, and patent filing reimbursement.
4. StartInUP Ecosystem: Innovation & Incubator Saturation
•Startup Landscape in UP:
•Startup India Recognized: Over 18,527 startups operating across the state.
•StartInUP Recognized: 1,723 startups formally registered under the state's dedicated scheme, availing specialized state incentives.
•Incubator Infrastructure:
•66 active incubators established across premier institutes (IIT Kanpur, IIT BHU, IIM Lucknow, AKTU, and state universities).
•5 Centres of Excellence (CoEs) operational in artificial intelligence, blockchain, medical electronics, UAVs/drones, and additive manufacturing.
•Financial Disbursements:
•Over ₹109 crore approved and ₹43 crore disbursed in direct seed grants, sustenance allowances (₹17,500/month), and prototype funding.