The number of registered enterprises in Uttar Pradesh has more than doubled in the last five years, marking a noteworthy accomplishment in the state’s economic growth. 3,318 new factories were registered in 2024–2025 alone, up from 1,484 in 2020–2021.

According to the Annual Survey of Industries (ASI), 460 of these businesses will have more than 100 employees each. Chief Minister Yogi Adityanath’s emphasis on improving infrastructure and law and order is credited for this state’s explosive development, which has drawn both major and small investors.

Industrial investment is still growing under the Invest UP 2.0 plan. In the Government of India’s ASI framework, Uttar Pradesh has also seen a significant increase in its share, hitting its highest ever, 7.6%, in 2022–2023.

In the same time frame, the industrial Gross Value Added (GVA) of the state increased significantly, reaching Rs 1.3 lakh crore.