Why Uttar Pradesh?
Uttar Pradesh (UP) is India's most populous state, as well as the world's most populous sub-national entity with a population of ~200 million people. It is the second largest state economy in India. The state is divided in nine agro-climatic zones. Agriculture is a significant part of UP's economy. It is a major contributor to the national food grain stock. Wheat, rice, pulses, oil seeds and potatoes are the major agricultural products. Sugarcane is the most important cash crop throughout the state. It is also one of the most important states in India so far as horticulture is concerned.
With overall vegetable production of 26.40 million tonnes in the last fiscal, the state was the largest producer of vegetables in India. As of now, it contributes more than 49.1 million tonnes of food grain which is about 18% of the total food grain production of the country.
The Government of Uttar Pradesh presented a US$ 59.7 billion Budget for 2017-18. The state offers a wide range of subsidies, policy and fiscal incentives as well as assistance for businesses under the Industrial and Service Sector Investment Policy, 2004 and Infrastructure & Industrial Investment Policy, 2012. The state government has set up “Udyog Bandhu” to facilitate investment in industrial and service sectors. The organisation has a three-tier structure with presence at district, divisional and state levels. The Uttar Pradesh State Industrial Development Corporation (UPSIDC) and the Department of Infrastructure and Industrial Development are responsible for the development of industrial infrastructure in the state.
Keeping in view the vast potential of the state, it has major role to play in ushering in farm sector led economic growth of the country. Therefore, the companies can take advantage of this opportunity by participating in this mega show.