UP Govt clears ₹1,829 cr investment proposals with Letters of Comfort under IIEPP-2022

Strengthening its position as a premier manufacturing and investment destination, the Uttar Pradesh government has recommended investment proposals worth ₹1,829.09 crore for ‘Letters of Comfort’ (LoC) under the Uttar Pradesh Industrial Investment and Employment Promotion Policy (IIEPP) 2022.

The recommendations were made by the High-Level Empowered Committee and Empowered Committee, chaired by State Chief Secretary Manoj Kumar Singh, during a meeting held here on Monday.

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A Letter of Comfort (LoC) is a sovereign commitment by the state government ensuring that incentives will be provided upon fulfillment of the prescribed eligibility criteria and other approved provisions under a given scheme.

The recommended proposals pertain to six major districts of Uttar Pradesh—Unnao, Rae Bareli, Bulandshahr, Hardoi, Mirzapur, and Gautam Buddha Nagar. These applications were submitted by reputed companies from various sectors through the Nivesh Mitra portal between February and June 2025.

The proposals fall under three industrial categories:

-Mega Category: ₹1,225.33 crore across sectors such as iron and steel, textiles and handicrafts, and food processing

-Super Mega Category: ₹549.26 crore for steel products

-Large Category: ₹54.50 crore in electronics, electricals, and consumer durables

All investors sought SGST-linked incentives, except one applicant who opted for the capital subsidy route, reflecting both the sectoral diversity and the effectiveness of the IIEPP 2022 incentive framework.

Emphasizing the need for administrative efficiency, the Chief Secretary directed officials to eliminate procedural delays and ensure the swift implementation of these proposals. He warned that any bottlenecks at any stage would be treated seriously.