Tag Archives: UP Excise Policy

Uttar Pradesh Drafting New Excise Policy

The Uttar Pradesh government is drafting a new Excise Policy 2026-27 to accelerate industrial investment in the state and strengthen revenue resources, according to reports. The government plans to encourage setting up of new distilleries in the state and is looking at companies which can export too.

The Uttar Pradesh government is keen on expanding investments into the state and is working on creating a conducive investment climate. The government said that favourable policies for distillery plants will not only lead to an increase in revenue, but also create employment opportunities at the local level. Establishment of new distillery units in the state will be made simpler and more attractive, and deliberations are underway to make the licensing process more transparent and time-bound, rationalise the fee structure, and provide ease in necessary approvals, the statement said.

Uttar Pradesh government is keen on establishing the state as a major hub for the distillery industry which in turn, it believes, will boost investor confidence in the state. Besides, the expansion of the distillery industry is expected to create thousands of direct and indirect employment opportunities, it said.