Lucknow, April 29 -- Uttar Pradesh is working on a policy to promote exports and triple the outbound shipment from the state to over ' five lakh crore in the next five years by tapping new markets and products.
To achieve the target, the state government is working on a new export policy for 2025-30 which is expected to be approved soon.
The thrust of the new policy would be to increase exports three times by 2030 from '1.7 lakh crore in 2023-24 through host of measures including capital subsidy and sops for exporters, UP Minister for Industrial Development and Export Promotion Nand Gopal Gupta Nandi said.
"We have extensively studied export policies of various governments across the country and have incorporated best practices in the dr...