Investment16 Sept 2025, 05:41 pm
Pakka Ltd. Seeks Fiscal Incentives of Rs.224.47 Crores for 'Jagriti Project'
AI Summary
Pakka Ltd. has applied for fiscal incentives of Rs.224.47 crores under the Uttar Pradesh Industrial Investment and Employment Promotion Policy, 2022 for its 'Jagriti Project'. The Evaluation Committee of Invest UP has reviewed, approved, and recommended the same to the Uttar Pradesh Government for the issuance of a Letter of Comfort (LOC). The incentive, subject to approval by the Uttar Pradesh Government's Cabinet, will be given over 15 years from the date of commercial production.
Key Highlights
- Pakka Ltd. has applied for fiscal incentives of Rs.224.47 crores for the 'Jagriti Project'
- The application was made on 23rd July, 2025
- The Evaluation Committee of Invest UP has reviewed, approved, and recommended the incentive to the Uttar Pradesh Government
- The incentive is subject to approval by the Uttar Pradesh Government's Cabinet
- If approved, the incentive will be given over 15 years from the date of commercial production