Latest news with #UPSIDA
Time of India
5 hours ago
- Business
- Time of India
UPSIDA leveraging tech to modernise civic amenities in industrial areas
Lucknow: Uttar Pradesh State Industrial Development Corporation Limited (UPSIDA) is leveraging technology to modernise civic amenities in industrial areas. The aim is to position the state as a leader in the 'Ease of Doing Business' initiatives. Tired of too many ads? go ad free now "Thanks to Nivesh Mitra portal, the entrepreneurs now have access to 37 types of services online. Over the last five years, both the number of online applications and their prompt resolution saw consistent growth. In 2024–25 alone, 9,719 applications were processed, reflecting a nearly 60% increase from 6,094 in 2020–21," said an official spokesperson on Wednesday. They added that the progress was further validated by investors' satisfaction. "In 2024–25, the feedback score for Nivesh Mitra reached 96.63%, a significant improvement from previous years. The land allotment process has also been made more transparent and time-bound, with mega industrial units now receiving allotments within just 15 days. The general e-auction process timeline has also been halved, from 30 days to 15. Additionally, the waiver of double stamp duty by financial institutions bolstered investor confidence," the spokesperson said. Listing other examples, he said, "Drone surveys and GIS One Map are being used to detect encroachments. Similarly, real-time data is being streamlined through MIS, OBPAS software, and mobile applications. Integration with the PM Gati Shakti portal and the launch of a mobile app for patch management is yet another example."
News18
3 days ago
- Business
- News18
UP's Much-Awaited Pharma Park All Set To Become A Reality By 2027
Last Updated: With construction underway on over 350 acres in the first phase, the project is expected to catalyse investments worth over Rs 12,000 crore Uttar Pradesh's much-awaited Pharma Park is all set to become a reality by 2027 as the state government begins work on North India's first bulk drug and formulation hub in Lalitpur. With construction underway on over 350 acres in the first phase, the project is expected to catalyse investments worth over Rs 12,000 crore and boost UP's bid to become a national pharmaceutical manufacturing powerhouse. Spearheaded by the Uttar Pradesh State Industrial Development Authority (UPSIDA), the Lalitpur Bulk Drug Pharma Park is part of UP government's move to make the state self-reliant in bulk drug and Active Pharmaceutical Ingredient (API) production, while transforming Bundelkhand into an industrial powerhouse. Spread over 1,472 acres, the park is being developed in phases. Construction work for the first phase, covering 353 acres, is already underway. According to UPSIDA, environmental clearances have been secured, and land allotment to industries has begun. UPSIDA regional manager Sandeep Kumar confirmed that four pharmaceutical companies have submitted applications to set up units within the park. Of these, IJ Pharma and Badariya Pharma have already been allotted plots, while Riddhi Siddhi Pharma and JBJM Pharmaceuticals are in the final stages of the allotment process. 'Contracts with two companies are complete, while documentation for the remaining two is ongoing," Kumar said. The project has already caught the attention of prominent investors. During a recent investment roadshow in Ahmedabad, several pharma companies signed key proposals. UPSIDA CEO Mayur Maheshwari stated that the authority will conduct similar outreach initiatives in Mumbai, Chandigarh, and Hyderabad to attract more pharma players. Maheshwari described the park as a 'state-of-the-art plug-and-play facility" tailored to meet global standards. 'All utilities—electricity, water, waste management—are being designed for 24/7 industrial support. The entire park will be based on Zero Liquid Discharge (ZLD), ensuring that no untreated wastewater leaves the premises," he said. The park's underground utility network will include steam and solvent recovery systems, climate-controlled warehouses, and dedicated logistics corridors. A waste management system with a 3.53 TPD capacity, 33/11 KV sub-stations, and a 75 TPH steam distribution system will be in place to ensure operational efficiency. Safety and support infrastructure are also in focus. Plans include CCTV surveillance, boundary fencing, emergency service centers, and in-house skilling centres for local manpower training. Affordable housing for workers and executives is also under development within the premises. Investor Incentives UPSIDA has rolled out a special industrial land allotment scheme for the pharma park. Plots are priced at Rs 1,914 per square meter, with an additional 2 per cent discount for one-time payment. These rates, according to UPSIDA officials, are highly competitive compared to other pharma hubs in India and are expected to attract significant interest from small and mid-sized pharmaceutical players. 'Infrastructure, regulatory clearances, and affordability are all aligned to offer investors a compelling alternative to Gujarat or Hyderabad," said Maheshwari. The Lalitpur Pharma Park has already begun attracting significant industrial investments. CSL Life Sciences Pvt Ltd has proposed a Rs 200 crore investment to set up two manufacturing units—an IV Bottle Plant and an Oral Solid Dosage (OSD) Plant—spread over 5 to 7 acres. These units are expected to generate employment for over 250 people and become operational within the next two years. In addition, Mediheath Diagnostic Pvt Ltd is establishing a healthcare and diagnostic unit on a 4,200-square-meter plot, while Gaman Irradiation has announced plans to invest Rs 35 crore in a skin treatment and irradiation facility that is projected to create around 150 jobs within 24 to 36 months. Another major entrant, Obmed Pharma, has committed Rs 200 crore for setting up a formulation unit on a five-acre plot, which is expected to employ approximately 100 workers. These early investments signal strong industry confidence in the project and are expected to accelerate momentum as the park gains visibility on the national pharmaceutical landscape. Strong Connectivity The Lalitpur pharma park benefits from excellent multi-modal connectivity. The site is linked via MDR 35B, with NH-44 and NH-539 nearby, and is connected by rail through Tikamgarh and Lalitpur Junction. Air connectivity is facilitated via Khajuraho Airport (125 km away) and Lucknow Airport (385 km away). The proximity to the Jhansi node of the Uttar Pradesh Defence Corridor adds strategic value, as does its alignment with the state's broader goal of becoming a $1 trillion economy. According to Maheshwari, the Lalitpur pharma park is being developed in collaboration with leading national institutions like IIT, DRDO, and private consultancy firm Assystem India Limited, which has experience working on world-class pharma parks in Visakhapatnam. top videos View all 'We're not just matching global standards — we're aiming to surpass them," he said. 'Uttar Pradesh is well-positioned to fill the gap left after tax benefits in Himachal Pradesh ended. With the right policies, infrastructure, and investor confidence, we're ready to take the lead in pharma manufacturing." With construction in full swing, the park is expected to show physical results within two years, potentially transforming Lalitpur into India's premier bulk drug manufacturing hub. First Published: News india UP's Much-Awaited Pharma Park All Set To Become A Reality By 2027
Indian Express
25-06-2025
- Business
- Indian Express
Infra overhaul projects underway in Sahibabad industrial area: UPSIDA
The Uttar Pradesh State Industrial Development Authority (UPSIDA) has been developing several civic infrastructure projects in Sahibabad industrial area of Ghaziabad, a statement said on Wednesday. According to the statement, the overhaul projects will include the construction and upgrade of roads, drains, culverts and industrial entry gates. Sahibabad, one of the state's largest industrial hubs, spans 1,679 acres and was under the maintenance of the Municipal Corporation since the 1980s. However, administrative control was officially transferred to UPSIDA in April this year. UPSIDA has prepared a comprehensive action plan for drainage and allied works in collaboration with IIT experts, the statement said. Landscape architects and design specialists have also been roped in to guide the transformation. As part of this effort, works worth Rs 51.28 crore have either been completed or are currently underway. Additional projects worth Rs 94.86 crore have been proposed, with a special focus on upgrading the Saurya Urja Marg (Solar Energy Road) — a key route that links Delhi and Uttar Pradesh. Key projects in progress include construction of cement concrete roads, reinforced concrete cement drains, paver blocks, culvert construction near the Bridge Vihar railway line, and desilting of existing drains to boost industrial drainage, the statement said. Upgradation of roads and drainage systems across several sectors, as well as the construction of two industrial entry gates, is also underway. UPSIDA CEO Mayur Maheshwari said, 'UPSIDA is implementing several civic infrastructure projects in the Sahibabad Industrial Area. Our objective is to build an industrial ecosystem that is seamless, accessible, and modern—providing a conducive environment for investors and positioning Uttar Pradesh as a leading state in 'Ease of Doing Business.''
Indian Express
20-06-2025
- Business
- Indian Express
Stakeholders gather at UPSIDA-CII meeting on logistics & supply chain
The Uttar Pradesh State Industrial Development Authority (UPSIDA) and Confederation of Indian Industry (CII) organised Uttar Pradesh Logistics and Supply Chain Summit-2025 in Noida on Friday. The summit focused on future strategies, investment, opportunities, and digital transformation in the logistics and supply chain sector, said a statement. The event brought together stakeholders from logistics, multimodal infrastructure, and supply chain sectors, including industry leaders, policymakers, and innovators. Mayur Maheshwari, CEO of UPSIDA, said Uttar Pradesh is transitioning from traditional e-commerce to mobile commerce (m-commerce). Pranay S Garg, MD of Advance Valves and former chairman of CII Western UP Zonal Council, mentioned that India's logistics and transportation sector is poised for large-scale growth. He estimated that by 2050, logistics demand would reach 15.6 trillion ton-km, necessitating deep coordination between the government, industry and service providers. Mahesh Munjal, chairman of CII Western UP Zonal Council, said that supply chains and logistics are no longer limited to transactional roles — they are now strategic pillars of business success in a highly competitive environment. Under the Industrial Investment & Employment Promotion Policy 2022, the UP government is encouraging private sector participation in developing industrial parks. Investors can now establish parks on their own land and receive various incentives, said the statement.
Time of India
20-06-2025
- Business
- Time of India
‘UP set to pushkey biz sectors'
Lucknow: Highlighting the growth story of Uttar Pradesh, chief executive officer of UP State Industrial Development Authority (UPSIDA) Mayur Maheshwari on Friday said that the per capita income of the state has doubled in the past 7-8 years. S peaking during the third edition of UP Logistics and Supply Chain Summit 2025, organized by UPSIDA and CII in Noida, Maheshwari said, "UP has embarked on a transformative journey from being a land of potholes to having 50% of the access-controlled expressways. The per capita income of UP doubled in the past 7-8 years. In terms of infrastructure, Noida has one of the best infra set-ups, even better than its NCR twins. " He added that big industry players like AB Mauri and Ashoka Leyland set up the largest and latest units of yeast and EV manufacturing in UP. "India has 65% dependence on API and bulk drugs from China, and keeping this in mind, the UP govt is building the largest sponsored bulk drug and API manufacturing plant in Lalitpur," he said. CEO, Invest UP, Shashank Chaudhury said: "The state's new policies will give a big push to key sectors like warehousing and logistics, which are critical for future growth. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Thị trường có dấu hiệu suy thoái không? IC Markets Đăng ký Undo Backed by major initiatives like PM Gati Shakti, UP did a remarkable job in strengthening its infrastructure, making it a preferred destination for industries and investors." Pranay S Garg, former chairman of CII Western UP Zonal Council, said that logistics demand was expected to reach 15.6 trillion ton-km by 2050, and a strong collaboration among govt, industry, and service providers would be required. Chief strategic officer, Transport Corporation of India Ltd, Jasjit Sethi, said that logistics was the invisible backbone of development — but in UP, the backbone should be brought into the spotlight. The summit witnessed deliberations on sessions including UP's Logistics Vision 2030 for Building a One Trillion Economy Backbone and Unleashing the Future of Supply Chain with a focus on the Digital Transformation of Logistics.
