70 development projects to be inaugurated and laid

foundation stone in Noida; UPITS to be held in Greater Noida from September 25

to 29

The dream of self-reliant India is being realised through

MSMEs: MSME Minister Bhupendra Chaudhary

Uttar Pradesh second largest economy in country, employing

3.50 crore people in more than 90 lakh MSME units

Lucknow: “It is a result of the illustrious guidance and

decisive leadership of the Hon'ble Prime Minister Shri @narendramodi ji that

today Gautam Buddh Nagar is the best investment destination in India. On the

occasion of International MSME Day, I participated in the curtain raiser

ceremony of the fourth edition of the U.P. International Trade Show (UPITS)

organized today in Noida.On this occasion, under the Noida and Dadri Assembly

constituencies, inauguration/foundation stone laying of 70 development projects

including the main administrative building of the Noida Authority was done with

Rs. 2,479 crore, and tool kits, cheques, and certificates were also provided to

the beneficiaries of various public welfare schemes. Heartiest congratulations

and best wishes to all beneficiaries and residents of the district,” remarked

UP CM in a post on X.

Chief Minister Yogi Adityanath inaugurated and laid the

foundation stone for 70 development projects, including the curtain raiser

ceremony of the fourth edition of the UP International Trade Show (UPITS) in

Gautam Buddha Nagar and the main administrative building of the Noida

Authority. Addressing the program organized on this occasion, the state's

Micro, Small and Medium Enterprises Minister Bhupendra Chaudhary said that with

the development of the MSME sector, we are not only realizing the dream of a

self-reliant India, but are also making our presence felt on the global stage.

MSME Minister Bhupendra Chaudhary said that under the

leadership of Chief Minister Yogi Adityanath, Uttar Pradesh has emerged as the

second largest economy in the country and is soon going to become a one

trillion dollar economy. Before 2017, it was believed that Uttar Pradesh was

the biggest obstacle in the country's development, but today under the

leadership of Chief Minister Yogi Adityanath, Uttar Pradesh appears to be

leading the country's development journey. MSME units have played a huge role

in this path of economic development of the state. Today, there are more than

90 lakh MSME units in Uttar Pradesh and about 3.50 crore people are associated

with these units.

Minister Bhupendra Chaudhary said that to further strengthen

the MSME sector in the state, the MSME department, under the able leadership of

Chief Minister Yogi Adityanath, has taken several creative initiatives. Under

the ODOP scheme, the Chief Minister has launched the innovative initiative of

One District, One Cuisine to establish a unique national and

international identity for traditional products from various districts of the

state. Provisions have been made to enable related businesses to meet

international standards by providing funding, training, assistance schemes,

financial packaging, and quality branding opportunities. The process of

providing training to small enterprises in the micro sector through food

technology and packaging has also begun.

He informed that to promote capital investment in the state,

14 pledge parks have been established under the Pledge initiative under the

leadership of Chief Minister Yogi Adityanath, through which more than 700 plots

have been allotted. Extensive land banks have also been established for the

establishment of industries through the scheme operated on the PPP model.

Advanced tool kits have been provided to more than 600,000 traditional artisans

and handicraftsmen under the Vishwakarma Shramik Samman Yojana and ODOP scheme.

Under the MSME Policy 2022, capital investment subsidies, interest subsidies,

and stamp duty exemptions have also been made available to units. Flat

factories are being developed in Kanpur Nagar, Agra, Gorakhpur, Lucknow, and

Ghaziabad. Work has been completed in Kanpur and Agra.

Minister Chaudhary stated that the Chief Minister's Youth

Entrepreneur Development Campaign has achieved significant employment

opportunities across India. Since the scheme's launch in January 2025, loans

worth approximately Rs. 7,500 crore have been distributed to over 180,000

youth, and this process is ongoing. Like previous editions of UPITS, this

year's fourth edition is being held in Greater Noida between September 25th and

29th. This year's event will be larger than in previous years. Efforts are

underway to ensure the participation of as many foreign buyers as possible by

contacting Indian embassies abroad. Through this show, Uttar Pradesh's economic

progress initiatives will be presented to the nation and abroad. By organizing

B2B meetings, efforts are being made to provide new markets to the state's

enterprises.

Hindusthan Samachar / Abhishek Awasthi