a day ago
‘UP set to pushkey biz sectors'
Lucknow: Highlighting the growth story of Uttar Pradesh, chief executive officer of UP State Industrial Development Authority (UPSIDA) Mayur Maheshwari on Friday said that the per capita income of the state has doubled in the past 7-8 years.
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peaking during the third edition of UP Logistics and Supply Chain Summit 2025, organized by UPSIDA and CII in Noida, Maheshwari said, "UP has embarked on a transformative journey from being a land of potholes to having 50% of the access-controlled expressways. The per capita income of UP doubled in the past 7-8 years. In terms of infrastructure, Noida has one of the best infra set-ups, even better than its NCR twins.
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He added that big industry players like AB Mauri and Ashoka Leyland set up the largest and latest units of yeast and EV manufacturing in UP. "India has 65% dependence on API and bulk drugs from China, and keeping this in mind, the UP govt is building the largest sponsored bulk drug and API manufacturing plant in Lalitpur," he said. CEO, Invest UP, Shashank Chaudhury said: "The state's new policies will give a big push to key sectors like warehousing and logistics, which are critical for future growth.
by Taboola
by Taboola
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Backed by major initiatives like PM Gati Shakti, UP did a remarkable job in strengthening its infrastructure, making it a preferred destination for industries and investors." Pranay S Garg, former chairman of CII Western UP Zonal Council, said that logistics demand was expected to reach 15.6 trillion ton-km by 2050, and a strong collaboration among govt, industry, and service providers would be required.
Chief strategic officer, Transport Corporation of India Ltd, Jasjit Sethi, said that logistics was the invisible backbone of development — but in UP, the backbone should be brought into the spotlight.
The summit witnessed deliberations on sessions including UP's Logistics Vision 2030 for Building a One Trillion Economy Backbone and Unleashing the Future of Supply Chain with a focus on the Digital Transformation of Logistics.
