Contribution of  PICUP Towards Industrialisation of  U.P.

PICUP was established in the year 1972 as a Company of State Govt. under company’s act 1956. The authorised share capital of the Corporation is Rs. 150 crores and paid up capital is Rs. 135.57 crores.

The main objective of the Corporation has been to provide financial assistance by way of extending long term loan to large scale & medium scale industrial ventures in the role of industrial development institute so as to encourage industrial development of the state. PICUP has also been acting as an Agent to Govt. of UP for execution of various Govt. Schemes.

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Total Financial Assisted Units

कुल वित्तीय सहायता प्राप्त इकाइयाँ

.00 Cr.

Total Disbursement

कुल संवितरण

Hon'ble Leaders

Shri Yogi Adityanath

Hon'ble Chief Minister,
Uttar Pradesh

Shri Nand Gopal Gupta 'Nandi'

Hon'ble Cabinet Minister, Industrial Development
Uttar Pradesh

Shri Jaswant Saini

Hon'ble Minister of State, Industrial Development
Uttar Pradesh

The Pradeshiya Industrial & Investment Corporation
Of Uttar Pradesh Limited (PICUP), Lucknow.

  • PICUP was established in the year 1972 as a state government company under the Companies Act 1956.
  • The objective of PICUP was to provide long-term loans to medium and large industries for the industrialisation of the state.
  • PICUP has disbursed term loan of Rs. 1,420 Crore to a total of 1100 units.
  • PICUP has recovered Rs 1,229 crore from 871 units, that is, 87 percent recovery of the loan distributed by the corporation to the aided units since the year of its inception has been completed.

Executive Leadership

Chairman

Shri Manoj Kumar Singh, IAS Chief Secretary, Govt of UP & Chairman PICUP

m_director

Shri Peeyush Verma, IFS Managing Director, PICUP

Picup Bhawan

Latest Update

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Industrial Investment Promotion Scheme4 – 2003

Participated in the inauguration of the new office of Invest UP in Lucknow and dialogue program with investors under the chairmanship of Hon’ble Chief Minister Shri @myogiadityanath.मा0 मुख्यमंत्री श्री योगीआदित्यनाथ जी @myogiadityanath की अध्यक्षता में लखनऊ में इन्वेस्ट यूपी के नये कार्यालय के उद्घाटन एवं निवेशकों से संवाद कार्यक्रम में प्रतिभाग किया।

Industrial Investment Promotion Scheme3 – 2003

In the presence of officials of the Infrastructure and Industrial Development Department, a meeting of the Empowered Committee was held under the Incentive Policy for Investment of Foreign Direct Investment (FDI) and Fortune-500 companies – 2023.अवस्थापना एवं औद्योगिक विकास विभाग के अधिकारियों की मौजूदगी में प्रत्यक्ष विदेशी निवेश (एफडीआई) एवं फॉर्च्यून-500 कंपनियों के निवेश प्रोत्साहन नीति-2023 के तहत अधिकार प्राप्त समिति की बैठक हुई।

Industrial Investment Promotion Scheme2 – 2003

Hon’ble Chief Minister held meaningful discussions with entrepreneurs from various places through virtual medium regarding investment in the state and provided Letter of Comfort.मा0 मुख्यमंत्री जी ने वर्चुअल माध्यम से विभिन्न स्थानों के उद्यमियों से प्रदेश में निवेश के सम्बन्ध में सार्थक चर्चा की तथा लेटर ऑफ कंफर्ट प्रदान किया।

Industrial Investment Promotion Scheme – 2003

Prime Minister @narendramodi inaugurates 14000 projects worth more than 10 lakh crore at the fourth ground breaking ceremony of UP government held at Indira Gandhi Pratishtan in Lucknow.लखनऊ के इंदिरा गांधी प्रतिष्ठान में आयोजित यूपी सरकार की चौथी ग्राउंड ब्रेकिंग सेरेमनी में प्रधानमंत्री @narendramodi ने 10 लाख करोड़ से अधिक की 14000 परियोजनाओं का उद्घाटन किया।

Industrial Investment Promotion Scheme - 2003

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Industrial Investment Promotion Scheme - 2003

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Industrial Investment Promotion Scheme - 2003

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Projects

Etahwah

Raebareli

Sr. No. Unit Name Investment (in Cr.) Employment
1. M/s Omax Autos Ltd. 114.00 75
Etahwah

Raebareli

Sr. No. Unit Name Investment (in Cr.) Employment
1. - - -

Policy Frameworks & Schemes

This section provides concise insights into various governmental policies and schemes, offering readers a comprehensive overview of initiatives aimed at fostering development, growth, and welfare across different sectors.

Policies & Schemes

The Regional Industrial & Investment Corporation of Uttar Pradesh Limited (PICUP), Lucknow.

  • PICUP was established in the year 1972 as a state government company under the Companies Act 1956.
  • The objective of PICUP was to provide long-term loans to medium and large industries for the industrialisation of the state.
  • Term loan of Rs 1,420.00 crore was distributed by PICUP to a total of 1100 units.
  • PICUP has recovered Rs 1229.00 crore from 871 units, that is, 87 percent recovery of the loan distributed by the corporation to the aided units since the year of its inception has been completed.
  • The loan providing work of Picup has been stopped since 2002.

Our Uttar Pradesh

Uttar Pradesh stands as a beacon of diversity, culture, and opportunity. From the vibrant streets of its bustling cities to the serene landscapes of its rural hinterlands, Uttar Pradesh embodies a rich tapestry of traditions, history, and innovation. As the largest state in India by population, Uttar Pradesh pulsates with energy and ambition, offering a fertile ground for economic growth, social development, and inclusive prosperity.

Uttar Pradesh, located in northern India, is the most populous state in the country and holds significant economic and cultural prominence. With a rich historical heritage and diverse geography, Uttar Pradesh serves as a hub for agriculture, manufacturing, and service industries. Its strategic location, extensive transportation networks, and growing urban centers make it an attractive destination for industrial growth and investment, offering ample opportunities for businesses to thrive and contribute to the state's development trajectory.

Demographics

About 56% of Uttar Pradesh's population is the working age g roup of 15-59 years (according
to the latest census)

Uttar Pradesh, the most populated state in India, is home to 17% of the country’s total population.

06

Central Universities

34

State Universities

32

Private Universities

06

Industrial Training
Institutes

166

Polytechnic Institutes

35

Medical Institues

753

Engineering, Technology, Management
& Pharmacy Institutions (AICTE Approved)

Urbanisation
Rate

912 Females
/1000 Males

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