12 Most Profitable Industries For Uttar Pradesh, India
How to Start Industry in Uttar Pradesh - Introduction
Uttar Pradesh is well-known to be the most populous state. It is in the north-central part of India. It is bordered by the Uttarakhand state and to the north is Nepal, to the ease is the Bihar state, to the southeast is Chhattisgarh and Jharkhand, to the south is the Madhya Pradesh state, and to the west are the Haryana, Rajasthan, and Delhi. Uttar Pradesh covers 93,933 square miles.
Uttar Pradesh is emerging as the economic driver of the nation with its expressways, education centers, international airports, industrial corridors, medical excellence, and indigenous products exporter. It has a proactive leadership and robust infrastructure that the state provides an investor-friendly environment, ensuring the people of Uttar Pradesh a better future.
Agriculture is the economy’s mainstay and the primary crops are wheat, rice, and sugarcane. The high-yielding varieties are rice and wheat seeds, besides the use of irrigation, the availability of fertilizers has transformed the state to become the food grains major producer in the country.
The supplementary income sources include dairy farming and livestock.
Coal, limestone, and Silica are found in Uttar Pradesh in considerable quantities. There are also small reserves of phosphorite, magnesite, gypsum, and bauxite. The government supports the coal field’s development around the southeastern areas of Uttar Pradesh.
The power shortage is an issue in Uttar Pradesh. However, now capacities are installed, the gap remains wide. In Uttar Pradesh, power is generated in large amounts at the Obra-Rihand complex and which is the biggest thermal station in India. The other facilities include small and large hydroelectric power plants in the state in various parts and Bulandshahr nuclear power station.
The exports of the state include leather goods, footwear, and sporting gear. A significant portion of exports includes handicrafts, while carpets from Mirzapur and Bhadohi. Among the local specialties are the brocades and silks of Varanasi, chikan embroidery of Lucknow, Moradabad ornamental brass, Firozabad glassware, Nagina ebony, and Saharanpur carved woodwork.
List of the state schemes to start a new manufacturing unit
Sugar refining and textiles are long-standing industries in this state and it offers a significant proportion of the labor of this state. The other resource-based industries include jute, vegetable oil, and cement.
The government of India established large factories to manufacture steel, machinery, heavy equipment, aircraft, fertilizers, electronics, and telephone equipment. The state government spared no pains in promoting the small and medium-scale industries, and the oil refinery was funded by the national government at Mathura.
Business Loan schemes by the state government
Uttar Pradesh is an able state and is the third largest economy following Maharashtra and Tamil Nadu. The GSDP of the state has improved, and in 2019-20 was Rs. 16.87 crores.
The state government relies on the revised projections for years to claim the state’s progress. The 2020-2021 GSDP of Uttar Pradesh estimates to be Rs. 17.91 lakh crore, and the revision was to Rs. 19.40 lakh crore. The GSDP projections of Uttar Pradesh reveal the UP government development statistics and its advance estimates. The state government of Uttar Pradesh now estimates 2022-2023 is projecting as Rs. 20.48 lakh crore.
Most Profitable Industries to Start in Uttar Pradesh - India
Bio-degradable cups & plates
Today consumption of Disposable products is breaking records. Disposable products are easy to handle, economical and can be disposed easily. With the changing lifestyle of Mankind, the use of disposable products is raising like anything. Plastic Disposable products are very popular because it can be carried easily and very low in prices too. There is a huge variety available in Plastic Disposable products. Plastic Disposable products are like a gift for today's hectic lifestyle, they save your energy and money both.
Disposable products are made of various materials such as dry leaves, pulp, papers and plastic etc.
Biodegradable carry bags
Biodegradable items like Biobags for natural waste are produced using common materials, for example, corn starch. These materials are compostable and designed to separate all the more rapidly. Compostable packs are produced using natural materials or polycaprolactone. Compostable items are helping numerous families and organizations to gather, discard, and manure their nourishment squander viably. By picking the eco-accommodating sacks, you can spare the earth and shield the biological community from plastic contamination.
Ductile iron casting
The term Ductile refers to the ability of a metal to undergo deformation before failure or the ability to be stretched in to wires. Ductile pipes are used heavily in the world today and are key components in the water supply infrastructure.
The underground pipes that transport cities drinking water and the sewer pipes that take away the household waste are casted from ductile iron because it is more flexible than the ordinary gray ironunder pressure so, it will bend before it breaks.
E-rickshaw
E-Rickshaw is the most convenient and safe mode of localtransportation of two or four passengers. E-rickshaw are commonly available in India and other parts under developed & developing countries for hiring on small rentals for limited time. Apart from E-Rickshaw, company will also make E-Rickshaw which can carry weight up to 300 kgs.
E-Rickshaw drivers will obtain licence through which he/she can drive E-rickshaw in city. The entire assembly and fabrication work for mfg. E-Rickshaw performed in a highly automatic plants.
Rims,Tyres, Brakes, Headlight, Taillight, Horn, Turning Lights & Traction Batteries, wire Harness, Throttle,Motor, & Controllers are purchased from the AIS approved companies. Where as Company will make chasis & assemble the body parts alongwith painting & Testing of the vehicle within the premises.
Fruits & vegetables processing plant
A fruit and vegetable processing plant must be set up in such a way as to rely on a number of basic facilities, which are generally similar in home-processing and small-scale industrial systems. Figure 1 shows a small-scale industrial production system for the processing of fruits and vegetables.
IMFL bottling plant
The alcohol industry is very important for the government. It generates an estimated Rs. 18,000 crore per annum in spite of the fact that the per capita consumption of liquor in India is the lowest in the world. The total liquor industry is worth Rs. 2,000 crore. IMFL accounts for only a third of the total liquor consumption in India. Most IMFLs are cheap and are priced below Rs. 300 per bottle.
Though the government claims that this is being done to protect the domestic liquor industry, the domestic industry accounts for 99% of the market share.
PP woven sacks
PP woven sacks are becoming popular through out the world. This is because they are chemically inert & are water repellent & lighter in weight. They are free & possess sufficient strength & can easily be handled. They are competitive in price with other type of bags also. Air permissible sacks made of polythene strips are used for packing potatoes, coconut etc. The only problem is that the Conventional using of hooks to lift cannot be used with PP bags.
These bags are expected to substitute jute and craft paper bags in several areas
Sweets, Snacks & Namkeen
Namkeens as well as sweets are gaining eminence in modern times and their demand is also increasing considerably to cater to the taste of people. Among the namkeens the prominent items are dal moth ,bhujia,etc. These are becoming most versatile as for their relish and palatability is concern.
The Namkeen and Sweet food business is growing considerably. The huge demand for snacks shows a lot of scope in this line of business. Products like bhujia, chana-chur, and dal month are well known in India and overseas as well. Disposable income mixed with a fast-paced lifestyle have led to an extensive growth in this sector.
Spices manufacturing with packaging
Spice processing and packaging are considered as a profitable business in India. Any individual can start spice business as small, medium and large scale basis as per his or her investment capacity. Even a home-based spice business is also profitable in India. Additionally, you can start with one or two variety of spice. As your business grows, you can shift to a full-fledged spice processing company.
Solar modules
Solar panels find their application in residential, commercial, industrial and power utilities. The growth of solar panel market is expected to be considerable in residential end-se application, owing to the support by governments’ funding and initiatives. Viewing the increasing cost of fuel & coal, pollution produced by the thermal power station operated by either coal or fuel, initial capital investment for nuclear power plant & the difficulties regarding the disposal of nuclear waste, all these power generating sources are very inconvenient & trouble some for near future. On the basis of size, the solar panel market can be categorized into small (<100 kW), medium (1–10 MW), and large (>10 MW).
Toughened glass
Toughened or tempered glass is a type of safety glass processed by controlled thermal or chemical treatments to increase its strength compared with normal glass. Tempering puts the outer surfaces into compression and the inner surfaces into tension. Such stresses cause the glass, when broken, to crumble into small granular chunks instead of splintering into jagged shards as plate glass (a.k.a. annealed glass) creates. The granular chunks are less likely to cause injury.
Wire drawing
Drawing of wire from metal rod is a metal working process that reduces the cross-section and elongates in to wire. During wire drawing the volume of metal remains the same and hence there is increase in the length of the drawn wire. A significant advantage of drawing is that there is very little material waste. It is carried out by pulling the metal rod through a single or a series of the drawing dies.
Construction, machinery and automotive markets especially present significant opportunities for steel wire.
Other Profitable Industries to consider:
- Ayurvedic Medicines
- Agarbatti Manufacturing Unit
- Automobile Filters
- Activated Carbon
- Bricks From Fly Ash
- Bio-Degradable Cups & Plates
- Biodegradable Carry Bags
- Bakery Products Manufacturin
- Bakers Yeast
- Bulk Drugs
- Beer Plant (Brewery)
- Bio Gas Plant
- Corrugated Sheet Board & Boxes (Printed)
- Cement Clinker
- Crumb Rubber
- Cold Storage
- Ceramic Crockery Wares
- C.P.Bath Fittings
- Confectionery Unit
- Ceiling Fans
- Cotton Yarn
- Castor Oil
- Dairy Farming
- Dairy Products & Milk Packaging In Pouches
- Distillery Unit
- Detergent Cake & Powder
- Distribution Transformer With Reparing
- Ductile Iron Casting
- Dall Mill (Pulse)
- Denim Fabrics Manufacturing
- Ena
- E-Rickshaw
- Extraction Of Essential Oils
- Food Dehydration
- Flour Mill (Atta Maida & Suji)
- Fruits & Vegetables Processing Plant
- Glass Bottles
- Glass Sheet
- Generator Set (Dg Set)
- Hospital
- Herbal Cosmetics
- Honey Processing With Packaging
- Hydrogenated Vegetable Oil
- Home Furnishing
- Imfl Bottling Plant
- Kitchen Equipments
- Led Bulb & Tubes
- Modular Furniture
- Mini Cement Plant
- Medical College With Hospital
- Mustard Oil Mill
- Oxygen Gas
- Paint Industry
- Plywood
- Particle Board
- Paper Plates
- Pan Masala
- Paper Plant (Mill)
- Paper Fiber Cones
- Pp Woven Sacks
- Pvc Wire & Cables
- Rectified Spirit
- Rice Bran Oil
- Readymade Garments
- Real Jewellery Manufacturing Unit
- Saw Mill
- Star Categary Hotel
- Sweets & Namkeen
- Sugar Mills
- Spices Manufacturing With Packaging
- Soya Nuggets
- Solar Modules
- Solvent Extraction Plant
- Stone Paper
- Toughened Glass
- Tea Packaging
- Tomato Products
- Tanned Leather
- Veneer
- Wall Putty (Dry Cement Based)
- Wheel Rims
- Wire Drawing