Uttar Pradesh to Build  India's first Artificial Intelligence city in Lucknow

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Uttar Pradesh to Build  India's first Artificial Intelligence city in Lucknow
27 Dec 2023
4 min read

News Synopsis

Uttar Pradesh is poised to lead the technological revolution with the development of India's premier Artificial Intelligence (AI) city in Lucknow. This monumental initiative marks the state's ambitious stride toward becoming a global hub for innovation and technology.

Visionary Step: Lucknow as India's AI Hub

Uttar Pradesh's strategic decision to transform Lucknow into an AI city signifies a significant leap towards technological supremacy. The move aims to position the city as a pioneering center for innovation, fostering a robust ecosystem for AI-driven industries.

Impacts on Global Economy

The projected contribution of $15.7 trillion to the global economy by 2030 showcases the scale of this visionary undertaking. This milestone surpasses the combined output of the world's top three economies, exhibiting the transformative potential of Lucknow's emergence as an AI city.

Nurturing Innovation: AI and MedTech Centers of Excellence

Lucknow's evolution into an AI city involves establishing Centers of Excellence in fields like AI and MedTech, deeply integrated with advanced AI technologies. These centers serve as incubators, nurturing over fifteen AI/ML start-ups, fostering a culture of innovation and entrepreneurship.

Infrastructure Development for Technological Advancement

Strategic plans include the creation of Grade A office space within a towering infrastructure, catering to corporates, start-ups, and incubators. The blueprint envisions a technologically advanced office setup, promoting seamless operations and fostering innovation.

Land Selection and Strategic Development

In an effort to materialize the AI city, the IT and Electronics Department has identified prime land parcels in Lucknow. The Nadarganj Industrial Area, with a designated 40-acre site owned by the Department, emerges as a potential location, strategically situated near the Lucknow International Airport.

Incentives and Support Framework

The government aims to incentivize the development by offering attractive financial support, including capital expenditure backing and stamp duty exemptions in alignment with the IT and ITeS Policy of 2022.

Driving Economic Growth: Uttar Pradesh's Ambitious Goals

The state's vision extends beyond technological advancements, highlighting its ambition to become a $1 trillion economy in the next five years. Emphasizing the pivotal role of IT and ITeS industries, Uttar Pradesh positions itself as a significant player in India's startup ecosystem.

This transformative initiative ushers in a new era for Uttar Pradesh, propelling the state into the forefront of technological innovation, economic growth, and entrepreneurial dynamism.

Strategic Location and Support:

  • Prime Real Estate: The project has identified prime land parcels in Lucknow's strategic locations, with a 40-acre plot in the Nadarganj Industrial Area earmarked as the ideal site for the AI city. This proximity to the Lucknow International Airport ensures seamless connectivity and accessibility.

  • Enticing Incentives: To spur development, the government has announced a series of attractive financial incentives. Developers will receive a one-time capital expenditure support of up to Rs 20 crore for IT Parks and Rs 100 crore for the entire AI City. Additionally, 100% stamp duty exemption will be offered, making it an attractive proposition for investors.

Driving UP's Transformation:

  • A Pillar of Growth: The development of the AI city aligns perfectly with the Uttar Pradesh government's vision of becoming a $1 trillion economy by 2028. IT and ITeS have been identified as key drivers of this growth, and Lucknow's AI city will play a pivotal role in achieving this ambitious target.

  • Positioning UP as a Tech Leader: With its burgeoning startup ecosystem and strategic focus on IT, Uttar Pradesh is already the sixth-largest IT state in India. The AI city will further solidify its position as a technology leader, attracting talent and investment from across the country and beyond.

Key highlights of the News

  • The UP Electronics Corporation issues an Expression of Interest (EoI) for the establishment of an AI City in Lucknow, calling for proposals in Design, Development, and Operations.

  • Real estate developers are invited to engage in constructing and managing the AI city, focusing on cultivating the future workforce.

  • Lucknow's existing Centers of Excellence, particularly in AI and MedTech, exemplify a robust integration of AI technologies, highlighting the city's technological prowess.

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