Ever since its inception in the year 1972, The Pradeshiya Industrial & Investment Corporation of Uttar Pradesh Limited ( A U.P.Govt Financial Institution) or as it is popularly known, PICUP has ushered the State of Uttar Pradesh from an Agrarian State to an attractive and preferred business destination. Over 1600 companies which have been supported in a short span of forty two years generating direct capital investment and direct employment.

Management of PICUP 

Chairman Shri Manoj Kumar Singh, IAS
Managing Director Shri Peeyush Verma, IFS


                                                                Present Activities

PICUP is a Nodal Agency on behalf of State Govt. for undertaking following activities :

  1. Industrial Investment Promotion Scheme - 2003

  2. Infrastructure & Industrial Promotion Scheme - 2012

  3. Capital Interest Subsidy Scheme - 2012

  4. Infrastructure Interest Subsidy Schemes - 2012

  5. Mega Projects Scheme Under Infrastructure & Industrial Investment Policy - 2012

  6. Industrial Investment & Employment Promotion Policy - 2017 (Small, Medium, Large & Mega)

  7. Post Covid-19 Accelerated Investment Promotion Policy 2020 for Economically Backward Regions