Uttar Pradesh is betting big on the manufacturing sector to achieve the goal of becoming a trillion-dollar economy by 2027.
At present, the state’s gross state domestic product (GSDP) is estimated at $230 billion, while the contribution of the manufacturing sector is pegged at about 14 per cent, which the government is looking to boost by threefold to 45 per cent. To achieve the target, the government is laying greater emphasis on setting up and expanding new industries.
Seven thrust manufacturing verticals identified by the state include leather, textile, toys and games, defence, electronics, machinery, and electric vehicles. Recently, Chief