Fujiyama Power Systems Signs Incentive Agreement Under UP Policy

The agreement reflects the state government’s push to attract investment in electronics manufacturing, while enabling Fujiyama Power Systems to expand operations and enhance competitiveness.

Agreement Execution Under Policy
The company has formally entered into an agreement under the UP Electronic Manufacturing Policy, 2020. This policy is designed to promote electronics manufacturing by offering fiscal incentives, infrastructure support, and investor-friendly measures.

Incentive Disbursement
Fujiyama Power Systems will receive incentive disbursement of 82.1 million rupees. The funds are expected to support capacity expansion, technology upgrades, and operational efficiency, aligning with the company’s long-term growth strategy.

Key Highlights

• Agreement executed under UP Electronic Manufacturing Policy, 2020
• Incentive disbursement of 82.1 million rupees approved
• Focus on capacity expansion and technology enhancement
• Strengthening role in India’s electronics manufacturing sector

This development underscores Fujiyama Power Systems’ proactive approach to leveraging government policies for industrial growth and innovation.

Sources: Company announcement, policy updates