Ever since its inception in the year 1972, The Pradeshiya Industrial & Investment Corporation of Uttar Pradesh Limited ( A U.P.Govt Financial Institution) or as it is popularly known, PICUP has ushered the State of Uttar Pradesh from an Agrarian State to an attractive and preferred business destination. Over 1600 companies which have been supported in a short span of forty two years generating direct capital investment and direct employment.
Management of PICUP
Chairman | Shri Manoj Kumar Singh, IAS |
Managing Director | Shri Peeyush Verma, IFS |
Jt. Managing Director |
Present Activities
PICUP is a Nodal Agency on behalf of State Govt. for undertaking following activities :
Industrial Investment Promotion Scheme - 2003
Infrastructure & Industrial Promotion Scheme - 2012
Capital Interest Subsidy Scheme - 2012
Infrastructure Interest Subsidy Schemes - 2012
Mega Projects Scheme Under Infrastructure & Industrial Investment Policy - 2012
Industrial Investment & Employment Promotion Policy - 2017 (Small, Medium, Large & Mega)
UP Electric Vehicle Manufacturing Policy - 2019
Post Covid-19 Accelerated Investment Promotion Policy 2020 for Economically Backward Regions
SEZ Projects