Government of Uttar Pradesh
New textile and garmenting units in Uttar Pradesh can receive 100% exemption from electricity duty for a period of 10 years under the UP Textile and Garmenting Policy 2022.
The Electricity Duty Exemption scheme, introduced under the Uttar Pradesh Textile and Garmenting Policy 2022, is designed to significantly boost the growth and competitiveness of the textile and garmenting sector within the state. This initiative aims to attract new investments, promote industrialization, and create employment opportunities by offering a crucial financial incentive to eligible manufacturing units. By alleviating a significant operational cost component, the policy encourages entrepreneurs to establish and expand their operations in Uttar Pradesh, contributing to the state's economic development and positioning it as a key hub for textile and garment production. This exemption directly addresses the energy costs faced by industries, making the state a more attractive destination for textile manufacturers looking for long-term viability and reduced overheads. The policy reflects the government's commitment to supporting key industrial sectors through targeted fiscal incentives.
Rolling basis