Uttar Pradesh Scales New Heights in Trade with BRICS Nations
Driven by rapid industrialization and proactive business policies, Uttar Pradesh is witnessing a significant surge in its export performance. According to the latest data released by the state government, Uttar Pradesh's exports to BRICS nations alone have reached an impressive $5.36 billion, equivalent to approximately 51.46 thousand crore Rupees. TrendKia reported that the state is actively strengthening its economic, technological, and investment partnerships with BRICS member and partner nations, and this strategic outreach is reflecting directly in its trade numbers.
Export Breakdown and Key Commodities
Detailing this achievement, UP MSME Minister Bhupendra Chaudhary stated that the state is successfully exporting a wide range of products globally. The major export commodities include machinery, textiles, leather items, carpets, and precious stones. A deeper analysis of the trade data reveals that out of the total export value, goods worth approximately $3.938 billion were shipped to core BRICS member countries, while exports to partner countries stood at around $1.429 billion. Representatives from BRICS nations and senior MSME officials participated in a recent conference celebrating these growing trade ties.
MSME Sector Driving Massive Employment
Chaudhary highlighted that the MSME sector in Uttar Pradesh has emerged as the cornerstone of employment generation, innovation, and broader economic development. Currently, the state has nearly 96 lakh functional MSME units, which provide direct livelihoods and job opportunities to approximately 1.65 crore people.
Success of ODOP and State Entrepreneurship Initiatives
The state government's 'One District One Product' (ODOP) scheme has successfully bridged the gap between local artisanal talent and international markets. Under this flagship program, margin money assistance totaling around 897 crore Rupees has been distributed to more than 20,000 beneficiaries, which has in turn created 3.16 lakh new jobs.
Additionally, under the 'Vishwakarma Shram Samman Yojana', more than 4.41 lakh traditional artisans have been empowered with modern toolkits and professional training. To encourage youth entrepreneurship, the state has also introduced the 'Mukhyamantri Yuva Udyami Vikas Abhiyan', offering collateral-free and interest-free loans. This initiative targets the establishment of 10 lakh new micro-units over the next 10 years. Furthermore, to enhance the industrial infrastructure, dedicated MSME parks are being developed under the PLEDGE scheme, with approvals already granted for parks across 12 districts.
