Lucknow, May 23 (UNI) Uttar Pradesh has witnessed a historic surge in exports, doubling more than from Rs 88,967.42 crore in 2017-18 to Rs 1,70,340.95 crore in 2023-24, official sources said here on Friday.
Sources said that this remarkable growth is attributed to the double-engine government’s focused export policies, increased global demand for UP products and strengthening of the state's industrial infrastructure.
Sources said that UP's diverse range of products now reaches over 100 countries, placing the state among India's top exporters.
Secretary Micro, Small and Medium Enterprises (MSME) Pranjal Yadav said that under Chief Minister Yogi Adityanath's leadership, demand for UP's products has surged worldwide, especially in markets like the USA, UAE, France, Spain, Russia, Germany, the UK, the Netherlands and China.
He said, "Significant export growth has been recorded in key sectors such as electrical machinery, apparel, pharmaceuticals, carpets, leather, fertilizers and more. "Electrical machinery exports alone skyrocketed from Rs 4,056.38 crore in 2017-18 to Rs 38,756.50 crore in 2023-24," he said.
The Secretary said that the Yogi government is finalising a new export policy to boost the state's global trade further. "Key initiatives include subsidies of up to Rs 25 lakh for exporters' product certification, development of export hubs in districts, expansion of the One District-One Product (ODOP) scheme, investments in logistics infrastructure and enhanced skill development programmes for exporters," he said.
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