Particle.news
Download on the App Store

Uttar Pradesh Clears Plug-and-Play Business Park Scheme, Nivesh Mitra 3.0 Launch Set

The cabinet’s nod sets a 45-year DBFOT framework to provide ready-to-use parks for IT and global firms.

Overview

  • The cabinet approved the Uttar Pradesh Private Business Park Development Scheme 2025, adopting a DBFOT model with 45-year concessions, minimum 10-acre sites and phased construction linked to utilisation.
  • At least 50% of developed space in each park is reserved for IT and knowledge-based industries, with limited allocation for retail and employee support facilities.
  • Land ownership remains with Industrial Development Authorities while private developers design, finance, build, operate and maintain the parks under a defined risk-sharing PPP structure.
  • The state is rolling out Nivesh Mitra 3.0 with an AI chatbot, real-time SMS updates, a combined application form, GIS land-bank identification and NSWS integration, alongside fewer fields, documents and procedural steps.
  • At the launch event, 85 companies will receive Letters of Comfort, eligibility certificates, land allotments and subsidies totaling Rs 2,781.12 crore, and a plug-and-play industrial sheds scheme on a DBFOT model is being unveiled to speed production starts.