Pakka Limited gets UP Cabinet approval for fiscal incentive under Jagriti Project
Pakka Limited received UP Cabinet approval for a ₹224.47 crore fiscal incentive for its 'Jagriti Project' under the UP Industrial Investment and Employment Promotion Policy, 2022. The Letter of Comfort (LOC) approval was granted on March 23, 2026, and the incentive will be disbursed over 15 years from project commencement.
The fiscal incentive of ₹224.47 crore is substantial and will be disbursed over 15 years, impacting the company's financial planning and project viability.
The company has received cabinet approval for a significant fiscal incentive which is expected to benefit its 'Jagriti Project'.
Pakka Limited has received approval from the Uttar Pradesh Cabinet Committee for a Letter of Comfort (LOC) related to its 'Jagriti Project'. This fiscal incentive, applied for on July 23, 2025, is valued at ₹224.47 crore under the Uttar Pradesh Industrial Investment and Employment Promotion Policy, 2022. The approval was granted in a meeting held on March 23, 2026. The Certificate of Award for the LOC was distributed at the Nivesh Mitra 3.0 and Subsidy Disbursement Launch Event on March 24, 2026, in Lucknow. This fiscal incentive will be disbursed over 15 years from the commencement of commercial production for the 'Jagriti Project'. This announcement follows up on a previous disclosure made on September 16, 2025.
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