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Uttar Pradesh Unveils New Export Policy to Boost Global Trade to $50 Billion by FY30
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CNBC TV18•26-09-2026, 16:32
Uttar Pradesh Unveils New Export Policy to Boost Global Trade to $50 Billion by FY30
- •Uttar Pradesh introduces the Export Promotion Policy 2025-30, replacing the 2020-25 framework, to enhance global trade for goods and services until FY30.
- •The policy aims to increase the state's exports from $21 billion in FY24 to $50 billion by FY30, expanding export participation across all districts and boosting registered exporters by 50%.
- •It offers financial assistance, infrastructure support, and marketing aid, including capital subsidies up to ₹10 crore for export-oriented projects and annual marketing assistance up to ₹25 lakh for MSME exporters.
- •Key benefits include freight cost support (up to 30% of air-freight or ₹150/kg, max ₹10 lakh annually), e-commerce platform fee reimbursement (75% of first-year fees, capped at ₹3 lakh), and performance-linked rewards.
- •The policy covers diverse sectors like electronics, textiles, agriculture, IT, and tourism, with applications processed by the Uttar Pradesh Export Promotion Bureau, emphasizing online processes and digital grievance redressal.
Key Questions Answered
The policy targets an increase in the state's total exports from $21 billion in FY24 to $50 billion by FY30.
Eligible infrastructure projects such as testing laboratories and warehouses can receive a capital subsidy covering 40% of the project cost, up to a maximum of ₹10 crore.
Under the Air Freight Rationalisation Scheme, exporters can receive support of up to 30% of air-freight expenditure or ₹150 per kg, subject to a maximum of ₹10 lakh per unit annually.
