Lucknow, July 7 -- Over the years, the Uttar Pradesh State Industrial Development Authority (UPSIDA) has transformed from a mere land-allotting agency into a leading force in policy-making, investment promotion and infrastructure development, said officials.

This transformation is clearly reflected in the sharp increase in UPSIDA's revenue.

In the financial year 2023-24, UPSIDA recorded revenue of Rs.1,898 crore, with an estimated Rs.1,937 crore projected for FY 2024-25 - marking over a threefold increase compared to FY 2021-22, the state government said on Sunday.

This significant growth highlights not only financial success but also growing investor confidence in Uttar Pradesh, said UPSIDA officials.

The authority's expanded mission...