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Uttar Pradesh Aims High: Tripling Exports by 2030 in the Face of Global Opportunities

Updated: April 26, 2025 21:20

Image Source: Mint
The state government has made a lofty goal to double its exports three times over by 2030, using international economic transformations and its own infrastructural development. This is a bold plan that indicates the state's vision to emerge as a key international trading hub. Here is a comprehensive summary:
 
Strategic Vision:
  • The government is planning to double exports from ₹2 lakh crore to ₹6 lakh crore by 2030, leveraging opportunities created by the US-China trade war2.
  • Uttar Pradesh is becoming a business destination of choice for companies seeking to relocate away from China.
Infrastructure Development:
  • Investment in expressways, national and international airports, and inter-state waterways is improving connectivity and trade opportunities2.
  • The bustling MSME segment, with a count of over 96 lakh units, forms the pillar of this growth.
Policy Measures:
  • A fresh export policy has been in pipeline, with efficiency and transparency promised through the 'Invest UP' platform.
  • The policy features the creation of an Export Promotion Fund to enhance the branding and overseas outreach.
Industry Focus:
  • The state is on top in exports of leather goods and footwear with 46% of India's overall exports being from Uttar Pradesh.
  • A committed Leather and Footwear Policy is being launched to further solidify this role.
Global Engagement:
  • The Greater Noida International Trade Show will also feature 'Brand UP' to international participants from 70 countries2.
  • Massive promotions will be undertaken in major places in India and overseas.
Economic Impact:
  • The initiative will generate employment, draw foreign investment, and improve the state's global competitiveness2.
  • This ambitious initiative highlights Uttar Pradesh's resolve to remake its economic terrain and become a global trading hub.
Sources: Economic Times, Free Press Journal, The Statesman

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