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Uttar Pradesh Excise Investors’ Summit Yields ₹3,600 Crore in Fresh Proposals

Summit outcomes, backed by an ISWAI report, guide policy tweaks for export promotion in Uttar Pradesh's growing alcoholic beverages sector.

Minister Nitin Agarwal and other guests at the Summit held at Indira Gandhi Pratishthan in Lucknow on Wednesday
Image
Photo: SNS
The day-long Summit will see participation from wine-making and beer-making MSME units, industry associations, alcoholic beverage manufacturers and others. (For representation)

Overview

  • The July 9 summit in Lucknow secured ₹3,600 crore in new investment proposals for alcohol production, distribution and related industries.
  • Officials reaffirmed 135 existing MoUs covering ₹39,479.39 crore with 46 projects ready to break ground and 19 operational units generating 2,316 jobs.
  • The ISWAI report released at the event valued the sector’s FY 2023–24 market revenue at ₹56,000 crore, equivalent to 2.4 percent of the state’s GDP and supporting 530,000 livelihoods.
  • Excise reforms—including the Nivesh Mitra portal, single-window clearances and digital licensing—helped boost revenue from ₹14,273 crore in 2016–17 to over ₹52,573 crore in 2024–25.
  • Policymakers are fine-tuning regulations and launching targeted export initiatives to strengthen Uttar Pradesh’s position as a manufacturing and export hub for alcoholic beverages.