State PolicyActiveUttar Pradesh

Uttar Pradesh Pharmaceutical and Medical Device Industry Policy 2023

The Uttar Pradesh Pharmaceutical and Medical Device Industry Policy 2023 offers comprehensive incentives to boost local manufacturing, R&D, and infrastructure. Key benefits include a 15% capital subsidy on plant & machinery (up to ₹20,000 Lakhs), 100% electricity duty exemption for 10 years, 100% stamp duty exemption, and attractive interest subventions. Total incentives are capped at 100% of fixed capital investment for MSME/Large units and 200% for Mega units.

Key Summary

Ministry / Authority
Department of Food Safety and Drug Administration, Government of Uttar Pradesh
Incentive Type
Composite state package (capital subsidy + interest subvention + exemptions + R&D and environmental incentives)
Incentive Rate
Capital subsidy 15% of plant & machinery (max ₹20,000 Lakhs); Capital interest subsidy 5% (7% in Bundelkhand/Purvanchal) for 5-7 yrs (max ₹100 Lakhs/yr); Stamp duty 100% exemption; Electricity duty 100% exemption (10 yrs); Infrastructure interest subsidy 5% (max ₹100 Lakhs); R&D interest subsidy 50% (max ₹200 Lakhs); ETP subsidy 40% (max ₹1,000 Lakhs)
Min. Investment
Application Deadline
Open

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