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Uttar Pradesh sets ambitious target to triple exports by 2030

April 28, 2025 3 min read
author Anamika Mishra [Sub Editor]

The Uttar Pradesh (UP) government has set an ambitious goal to triple its exports by 2030, capitalizing on the ongoing tariff war between the United States and China, which has created a significant opportunity for the state, according to an official statement released on Saturday.
Amid the trade standoff between the U.S. and China, the Yogi Adityanath-led government is positioning UP to seize this opportunity, leveraging the state's improving law and order, world-class infrastructure, and abundant skilled labor. These factors are helping Uttar Pradesh become a preferred investment destination in India.
Chief Minister Yogi Adityanath has frequently highlighted the success of the One District One Product (ODOP) initiative, which has significantly boosted UP's exports from Rs 88,967 crore to over Rs 2 lakh crore since its inception.
The UP government expressed confidence that ongoing infrastructural developments, such as expressways, airports, and inter-state waterways, along with the state’s low-cost labor and a robust micro, small, and medium enterprise (MSME) sector, will provide a conducive environment for businesses. This makes Uttar Pradesh a strong contender for attracting businesses looking to relocate from China.



To capitalize on this potential, the state government is working on a new export policy, which includes making the ‘Invest UP’ platform more efficient and transparent to streamline investor engagement and drive foreign investment.
Additionally, the state government organizes the International Trade Show at the India Expo Centre and Mart in Greater Noida to promote Uttar Pradesh’s products globally. This year’s event, scheduled for September 25-27, will feature Vietnam as the partner country and offer an opportunity for people from India and 70 other countries to experience ‘Brand UP’. Large-scale promotional campaigns will be conducted in key locations such as Maharashtra, South India, Delhi, Jaipur, Ahmedabad, Indore, and major airports and railway stations.
The upcoming export policy will also establish an Export Promotion Fund to enhance Brand UP’s presence worldwide.
Uttar Pradesh currently leads India in leather and footwear exports, contributing 46% of the country’s total exports in this sector. To further strengthen this position, the state plans to introduce a dedicated Leather and Footwear Policy, making UP the second state, after Tamil Nadu, to do so. This policy will benefit key regions like Kanpur, Unnao, and Agra.
The ongoing U.S.-China trade war presents a unique opportunity for India’s MSME sector. Currently, China holds a 72% market share in exporting everyday goods worth USD 148 billion to the U.S., while India’s share is only 2%. Many of these goods are produced by MSMEs, and Uttar Pradesh, with over 96 lakh MSME units, is poised to take advantage of this market gap.
To support these businesses in competing globally, the state government regularly conducts training programs to improve product quality and enhance competitiveness. This has resulted in a noticeable increase in exports, particularly for products under the ODOP scheme.


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Strikes at US Ports and Canadian Railways Threaten North American Supply Chains

April 25, 2025 3 min read
author Anamika Mishra [Sub Editor]
related

Impending labor strikes at Canadian railways and US East and Gulf Coast ports are poised to disrupt North American supply chains significantly. The strikes, set to commence if agreements are not reached by August 22, are expected to cause major operational challenges for the container logistics industry, leading to increased costs, delays, and diversions.

Container Xchange forecasts that these disruptions could lead to a rise in freight rates as market participants brace for the impact. Christian Roeloffs, cofounder and CEO of Container Xchange, noted that while a decline in freight rates had been anticipated, the looming strikes may prompt an immediate increase in rates due to the uncertainty driving up costs. "Shippers and cargo owners should prepare for higher costs and possible delays as the industry adjusts to these challenges," Roeloffs said.

In preparation for the strikes, companies are implementing contingency plans. Hapag-Lloyd, a major player in the container shipping industry, has announced a diversion fee of USD 350 per Bill of Lading for containers bound for Canadian ports but with inland delivery in the US. The company has also recommended exploring alternative trucking options within Canada and considering US ports as a precaution.


CMA CGM has also issued measures to mitigate the impact, including potential vessel rerouting to US ports and restrictions on rail shipments. Embargoes have been placed on specific intermodal shipments, such as hazardous materials and temperature-controlled containers.


Railways are crucial for transporting containers from inland locations to ports in Canada, with the Port of Vancouver relying heavily on rail connections. Approximately two-thirds of cargo volumes at the Port of Vancouver are moved by rail, underscoring the potential impact of a rail strike. The US East and Gulf Coast ports could also face severe disruptions, leading to delays and congestion, particularly during the peak season when retailers are preparing for the holidays.


Roeloffs described the situation as a "perfect storm for North American trade," emphasizing the vital role of railways and ports in the logistics chain. Disruptions could lead to increased costs, delays, and congestion, affecting daily operations and long-term trade agreements.


The potential rail strike in Canada could ripple through both exports and imports, impacting trade not only within Canada but also with key trading partners. Goods such as grain, potash, coal, and manufactured products, which are transported by rail to ports, would face delays. Similarly, imported goods relying on rail distribution within Canada could experience bottlenecks and increased costs.

materials and temperature-controlled containers.


Railways are crucial for transporting containers from inland locations to ports in Canada, with the Port of Vancouver relying heavily on rail connections. Approximately two-thirds of cargo volumes at the Port of Vancouver are moved by rail, underscoring the potential impact of a rail strike. The US East and Gulf Coast ports could also face severe disruptions, leading to delays and congestion, particularly during the peak season when retailers are preparing for the holidays.


Roeloffs described the situation as a "perfect storm for North American trade," emphasizing the vital role of railways and ports in the logistics chain. Disruptions could lead to increased costs, delays, and congestion, affecting daily operations and long-term trade agreements.


The potential rail strike in Canada could ripple through both exports and imports, impacting trade not only within Canada but also with key trading partners. Goods such as grain, potash, coal, and manufactured products, which are transported by rail to ports, would face delays. Similarly, imported goods relying on rail distribution within Canada could experience bottlenecks and increased costs.


Explore the latest edition of Journal of Supply Chain Magazine and be part of the JOSC Daily News Bulletin.

Discover all our upcoming events and secure your tickets today.


Journal of Supply Chain is a Hansi Bakis Media brand.

Leave Comment

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