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Page 1 UTTAR PRADESH CRADLE OF RAPID INDUSTRIALIZATION EMPOWERING NEW INDIA June 2020

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Page 1: UTTAR PRADESH - indembassyseoul.gov.in

Page 1

UTTAR PRADESHCRADLE OF RAPID INDUSTRIALIZATION

EMPOWERING NEW INDIA

June 2020

Page 2: UTTAR PRADESH - indembassyseoul.gov.in

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UTTAR PRADESH – the Soul of Incredible India

GDPUS $ 250 billion

~ 230 MnMost Populous State in India/

LargeCONSUMER BASE

3rd

Highestvisited State by foreigners

Bigger than 30 other prominent countries of the world

50 %26%

24 %

AGRISERVICE

INDUSTRIES

Page 3: UTTAR PRADESH - indembassyseoul.gov.in

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UTTAR PRADESH – Seamless connectivity with India

INTERNATIONAL AIRPORTS

DOMESTIC AIRPORTS

NATIONAL HIGHWAYS

STATE CAPITAL

SEAMLESS CONNECTIVITY

• Freight Corridors from North East West South

(NEWS) intersect at certain points in UP with few

major catchment area falling in the state.

• Uttar Pradesh has the Largest railway network in

the country spanning over 8,949 km

• Uttar Pradesh boasts the state of art expressways

ensuring seamless connectivity with National

Highways.

• 7 airports made operational under Regional

Connectivity Scheme (RCS) for domestic

connectivity, and another 8 airports in pipeline

Uttar Pradesh shares

border with 8 States and

1 international bored

with Nepal.

Page 4: UTTAR PRADESH - indembassyseoul.gov.in

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UTTAR PRADESH – 3L Advantage (Land, Logistics and Labour)

Moradabad rail liked combined domestic and EXIM terminalIndustrial

Corridor at Dadri Terminal

Multimodal logistics Hub, Noida

Multimodal Transport Hub, Boraki

Agra East bank Inland container depot

Kanpur Inland Container Depot

Railway linked Pvt freight terminal at Kanpur

Multimodal terminal

at VaranasiIndustrial Corridor at Madhosinghterminal, Mirzapur

Upcoming infrastructure Existing infrastructure

UP has a singleonline portal forregistration, renewaland viewing ofinspection reportunder 7 Labour Acts.

Numerous Logistic ports of UP

UP is the state withabundant manpowerworking within andoutside the state withone of the cheapestlabour wages in India.

Substantial land availability for industrial development across 6 nodes of UP.

Page 5: UTTAR PRADESH - indembassyseoul.gov.in

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Number 1 State in mobile production in terms of volume

Number 1 State in terms of number of MSMEs- (Best ancillary base)

Destination to Asia’s largest airport. (To be operational by 2023).

Uttar Pradesh stands out as the largest exporter of consumer electronics

UTTAR PRADESH – Robust Infrastructure & Industrial Ecosystem

India’s largest horticulture hub –Copious raw material for food processing

Surplus power Supply to Industries

Largest producer of Agri resources in India

Amongst the top 6 Exporters of India

Terminus to the largest upcoming defence corridor in India(proposed land of ~5120 hectare)

Largest market to textiles and 2nd largest producer of leather products in India.

Page 6: UTTAR PRADESH - indembassyseoul.gov.in

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CULTURAL CONNECT

UTTAR PRADESH - SOUTH KOREA

VOYAGE OF LEGENDARY

QUEEN Heo Hwang-ok

LAND OF LORD BUDDHA

Ayodhya & Kim- HAE

SISTER CITIES

Page 7: UTTAR PRADESH - indembassyseoul.gov.in

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India-South Korea Trade Relations

EXPORT- IMPORT TREND

Exports from India accounted for US$ 5.6 Bn in 2019; exports from ROK accounted for US$ 15.1 Bn

Major Indian exports: naphtha, cereals, iron and steel.

Major S.Korea exports: automobile parts, telecommunication equipment, hot rolled iron products, petroleum refined products, base lubricating oils, mechanical appliances, electrical machinery & parts and iron and steel products

2015-16 2016-17 2017-18 2018-19 2019-20

EXPORT 4.2 4.2 4.95 5.89 5.6

IMPORT 12 11.6 15 15.6 15.1

TRADE BALANCE -7.8 -7.4 -10.05 -9.71 -9.5

-15

-10

-5

0

5

10

15

20

Goods Trade (US $ Billion)

EXPORT IMPORT TRADE BALANCE

325

37.53 32.66 32.1713.34

0

50

100

150

200

250

300

350

2014 2015 2016 2017 2018

US

$ M

ILL

ION

YEARS

FDI FROM KOREA

FDI INFLOW FROM S.KOREA

Korea’s total FDI to India up to September 2019 stands at US$ 6.29 bn

Page 8: UTTAR PRADESH - indembassyseoul.gov.in

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Automotive

Key Investment Opportunities in Uttar Pradesh

4 major OEMs manufacturers and ~ 30

ancillary units

Manufacturing(Advanced Engineering)

Huge ancillary base“Largest SMEs in India”

Defence and Aerospace

Home to the largest upcoming defence

corridor in India

Leather

2nd largest producer of leather products

Largest agri producer in the country

Electronics

India’sLargest electronic

manufacturing cluster

Land to the wonder of the World, Buddhist Circuit and

more

Tourism

Agri & Food Processing

3rd largest textile producer in India

Textile

Emerging hubs of UP in South Asia after COVID pandemic

Page 9: UTTAR PRADESH - indembassyseoul.gov.in

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UTTAR PRADESH – BUSINESS REFORM ACTION PLAN

Allotment of industrial plot in 21 days

Power Connection in 15 days

93/100 Score in Ease of Doing Business in India

30Building plan approval and labour law registrations in 30 days

Fire NOC in 15 days

No requirement of pre-approvals from state government from MSMEs till 1000 days.

20 + Sector specific lucrative policies

Single window clearance under Nivesh Mitra Portal

India- World’s top 10 improved Countries in EoDB reforms.

Page 10: UTTAR PRADESH - indembassyseoul.gov.in

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(Agri & Food Processing)Capital subsidy @ 25%

@ 7%-100%, 20% reimbursement of F.O.B25% reimbursement of transportation cost of export products.

100% Stamp duty

5 % EPF reimbursement

7% Interest subsidy

~60% Export freight reimbursement

~50% Rebate on land cost

Textile

Tourism.

Sectors and Incentives

(Electronic Mobility)Research subsidy @ 5% Interest subsidy @ 5% p.a. for 5 yearsStamp duty 100 % exemption

IT &

ITes.

Land Rebate 25%

Power Subsidy ~ 25-50 %

EPF reimbursement 100%

Stamp duty 100%

Recruitment assistance

Mega,Mega Plus & Super Mega Investments.

100-300%Returns on

fixed assetsCustomizable

UTTAR PRADESH – 20 PLUS SECTOR SPECIFIC INCENTIVES

30%Capital

subsidy

Achievers in Ease of Doing Business

Page 11: UTTAR PRADESH - indembassyseoul.gov.in

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Setting up of Skill Development Centres

Short-term Certification Courses/ Vocational Training

UP- S.Korea Exchange programme# 1

# 2

# 3

COLLOBORATION IN

START IN UP PROGRAM

South Korean Venture Funds for UP Startups

# 1

Digital bridge for UP and Korean Start-up ecosystem

# 2

Collaboration with NIPA (South Korean National IT Industry Promotion Agency) and IT & Electronics Department of UP.

# 3

INVESTMENT IN LEATHER CLUSTER OF UTTAR PRADESH

LEATHER PARKS IN KANPUR AND AGRA WITH COMPLETE ECOSYSTEM

Common Facility Centers

Trade/ Convention Centers

Training Infrastructure

Product Design & Development

Testing Laboratory

BRIDGING MODERN RELATIONS IN SKILL, START-UPS ,LEATHERTHROUGH S.KOREAN TOWNSHIP PROGRAMS

Page 12: UTTAR PRADESH - indembassyseoul.gov.in

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UTTAR PRADESHASSISTING SWIFT APPROVALS

CASE STUDIES

Page 13: UTTAR PRADESH - indembassyseoul.gov.in

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JEWAR INTERNATIONAL AIRPORT (INDIA’S LARGEST UPCOMING AIRPORT)

SAMSUNG PLANT (LARGEST IN THE WORLD)

Page 14: UTTAR PRADESH - indembassyseoul.gov.in

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Case 1: Reliance Industries Limited► MOU signed with Reliance Industries with

targeted investment of USD 1.3 billion for

Optical fibre works in Feb 2018.

► To provide speedy ‘Right of Way’, a

Government Order was issued by Electronics &

IT Department in June 2018

► Provision of online applications/approvals for

underground/overhead Optical fibre infrastructure

development

► Provision of Single Window clearance

► Similar guidelines for rural & urban areas

A commitment to deliver and handhold industries in record timeline for the development of the State

Quick Policy Action to facilitate InvestmentSupporting Gen-next technology, Start-ups, Industries

Case 2: Uber India► MOU signed with Uber India worth USD 13

Million in Feb 2018.

► To provide support, a Government Order

was issued amending the Uttar Pradesh

Motor Vehicle Rules in July 2018, allowing

two wheelers (Bike) to be used as

commercial taxi purpose.

Page 15: UTTAR PRADESH - indembassyseoul.gov.in

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Thank YouFor more details, log on to

www.udyogbandhu.com

https://niveshmitra.up.nic.in/