Latest news with #UttarPradeshStateIndustrialDevelopmentAuthority
News18
2 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
7 days ago
- 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.''
Time of India
25-06-2025
- Business
- Time of India
Uttar Pradesh to develop integrated manufacturing hubs in Agra, Prayagraj at Rs 1,046 crore cost
Uttar Pradesh will develop two world-class Integrated Manufacturing Clusters (IMCs) in Agra and Prayagraj at an estimated cost of Rs 1,046 crore, which will accelerate industrial development in the state and generate large-scale employment. The IMCs will house a wide array of manufacturing units alongside facilities for R&D, technological innovation, and skill development. Provisions have also been made to establish incubation centres that support traditional industries and foster entrepreneurship, a statement said on Wednesday. These developments will create significant employment opportunities, particularly for local youth, who will benefit from integrating skills into the industry, it added. These clusters will be developed through a Special Purpose Vehicle (SPV) in partnership with the central and state governments. "The Agra IMC will be developed across 1,058 acres in Rahan Kalan, while the Prayagraj IMC will span 351 acres in Karchana block. Both sites will be equipped with cutting-edge infrastructure, including roads, water and power supply, ICT services, and green spaces. The overarching aim is not only to attract investments and boost manufacturing but also to establish these zones as model industrial cities," it added. Live Events With a total estimated cost of Rs 1,046 crore, work is underway to establish the core infrastructure required to attract private investments for these clusters, the statement said. "Investors will benefit from a ready-to-use, world-class industrial ecosystem without incurring additional setup costs, further enhancing the state's business-friendly image," it added. The Uttar Pradesh State Industrial Development Authority (UPSIDA) will provide land and resources for this project. A dedicated project implementation team will oversee the development and ensure timely execution, with a target completion time of 36 months. Once operational, the IMCs will play a crucial role in redefining the industrial identity of Agra and Prayagraj, placing them prominently on Uttar Pradesh's industrial map. National Industrial Corridor Development Corporation Limited (NICDC), a central government agency, will support the project through funding and technical expertise. The SPV - Integrated Manufacturing Cluster Agra Prayagraj Limited - with equal participation from both governments, will ensure timely and effective implementation of the project, it said.
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.
Hindustan Times
20-06-2025
- Business
- Hindustan Times
Uttar Pradesh government to hold e-auction for 144 industrial plots in 16 districts
The state government is set to hold a mega e-auction for the allotment of 144 industrial plots across 16 districts in Uttar Pradesh. Chief minister Yogi Adityanath has issued directives to this effect, aiming to give a major boost to the transformation of Uttar Pradesh into 'Udyam Pradesh'. An official spokesman said chief minister Yogi Adityanath has directed that land should be readily made available to entrepreneurs seeking to set up new ventures in the state. (HT FILE) An official spokesman said chief minister Yogi Adityanath has directed that land should be readily made available to entrepreneurs seeking to set up new ventures in the state. He also emphasised that the entire process must be carried out in a fair, transparent, and time-bound manner. The Uttar Pradesh State Industrial Development Authority (UPSIDA) will oversee the large-scale e-auction, offering plots ranging from 300 square meters to 13,197 square meters. These plots are located in Mathura, Mainpuri, Shahjahanpur, Hamirpur, Jalaun, Jhansi, Fatehpur, Kanpur, Banda, Baghpat, Unnao, Saharanpur, Muzaffarnagar, Hapur, Varanasi, and Amethi. A 5,097.10 square meter plot in Baghpat has been reserved for a mega project approved under the Uttar Pradesh Industrial Investment and Employment Promotion Policy (UPIIEPP-2022), facilitated through the Invest UP initiative. All plots have fixed reserve prices, and applications can be submitted until July 5. The eligible applicants will be shortlisted to participate in the mega e-auction scheduled for July 11. The spokesman said that among the 144 plots available, Amethi offers the highest number, with a total of 33. The smallest plot, measuring 300 square meters, is located in IIDC Banthra and carries a reserve price of ₹ 16.47 lakh, suitable for setting up a leather goods manufacturing unit. The largest plot, spanning 13,197 square meters in Malwan, Kanpur, has a reserve price of ₹ 3.74 crore and is ideal for general industrial use. The district-wise distribution of plots includes 14 in Mathura, 11 in Mainpuri, nine each in Shahjahanpur and Hamirpur, eight in Jalaun, four in Jhansi, 15 in Fatehpur, nine in Kanpur, three in Banda, seven in Unnao, eight in Saharanpur, four in Muzaffarnagar, seven in Hapur, and two in Varanasi. As per UPSIDA's timeline, interested applicants must complete payment of the catalogue fee, processing fee, and EMD by July 4. The final deadline for submitting the complete online application is July 5. After thorough scrutiny, eligible applicants will be invited to participate in the e-auction on July 11. The entire process, from registration to bidding, will be conducted online. For further details, applicants can visit the official websites of UPSIDA or the Nivesh Mitra portal.
