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Business Standard
6 days ago
- Business
- Business Standard
UP govt acquires 600 acres in Gorakhpur for new industrial township
While Gida has acquired 600 acres for the township in the 17 villages, the acquisition process is ongoing to increase the land inventory Virendra Singh Rawat Lucknow The Uttar Pradesh (UP) government has acquired 600 acres in Gorakhpur, the political stronghold of Chief Minister Yogi Adityanath, to attract investment and accelerate industrial growth in the state's eastern region (Purvanchal). The site has been slated for the development of a modern industrial township under the Gorakhpur Industrial Development Authority. The proposed 'Dhuriyapar Industrial Township' or 'Greater Gida' aims to increase investments in Eastern UP, which lags Western UP. Gida Chief Executive Officer (CEO) Anuj Malik said the master plan for the township has been approved, and the land allotment process —spanning two industrial sectors — will begin soon. While Gida has acquired 600 acres for the township in the 17 villages, the acquisition process is ongoing to increase the land inventory. Leading companies, including the Adani group, are interested in setting up their units in the Greater Gida enclave. According to officials, the Adani group was considering setting up a cement factory under the ACC brand. Shree Cement and Keyaan Distillery have also sought parcels for their greenfield projects in the township. The Yogi-led government was also planning to establish an electronic manufacturing cluster within the township, officials added. Once completed, the Dhuriyapar Industrial Township would become one of the largest industrial land banks in Purvanchal. The recently inaugurated 91 km Gorakhpur Link Expressway will also boost the prospects of the upcoming industrial hub. At the UP Global Investors Summit (GIS) in February 2023, the state had secured fresh investment proposals worth ~40 trillion. The state now plans to host the GIS 2.0 in the current financial year. Major private investor, SLMG Beverages, a Coca-Cola bottling partner, was planning a phased investment of ~8,000 crore to expand its supply network, the company's deputy CEO Rahul Kumar said. SLMG holds nearly 50 per cent of the beverage market share in UP, and operates 7 bottling plants across eastern and western regions. The growing network of expressways, airports, proposed logistics and export hubs has contributed to a marked improvement in the 'ease of doing business' perception, thus translating into growing private investment. Besides manufacturing, the Yogi government is also promoting the services sectors, viz. tourism and information technology (IT) sectors, for boosting socioeconomic development and creating jobs.
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Business Standard
23-06-2025
- Business
- Business Standard
Uttar Pradesh to invest ₹22K cr to boost rural economy, double farm income
The investment will focus on strengthening essential infrastructure and services across various sectors, including employment generation, sanitation, and agricultural development Virendra Singh Rawat Lucknow The Yogi Adityanath-led government is set to invest nearly ₹22,000 crore to revamp the state's rural economy to double farm income and boost economic activities in the backwaters of Uttar Pradesh. The investment will focus on strengthening essential infrastructure and services across various sectors, including employment generation, sanitation, and agricultural development. 'The composite investment of ₹22,000 crore will be made under central and state schemes to improve the rural landscape for sustained socio-economic development,' a senior official said. Of the total outlay, ₹10,500 crore will be sourced from centrally sponsored schemes, while the remaining ₹11,500 crore will be funded by the state government. The roadmap aims to ensure that rural areas are integrated into the mainstream of development. Recently, Chief Minister Yogi Adityanath instructed officials to adopt a holistic development model for villages, ensuring the provision of all essential citizen-centric amenities. Sanitation projects worth ₹2,000 crore under the Swachh Bharat Mission (Gramin) will include solid and liquid waste management, strengthening of village sanitation committees, and public awareness campaigns.
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Business Standard
16-06-2025
- Business
- Business Standard
Uttar Pradesh targets 15 new industrial zones to push MSME growth
In total, 15 new MSME-centric industrial zones will be developed in 11 districts, including Aligarh, Firozabad, Kanpur Dehat, Prayagraj, Mirzapur, Lalitpur, Rae Bareli, among others Virendra Singh Rawat Lucknow Listen to This Article To boost its $1-trillion economy goal, Uttar Pradesh has planned to develop new micro, small, and medium enterprises (MSMEs) estates across 765 acres. The proposed industrial zones are aligned with the target of achieving MSME exports worth more than ₹3 trillion over the next two to three years. In total, 15 new MSME-centric industrial zones will be developed in 11 districts, including Aligarh, Firozabad, Kanpur Dehat, Prayagraj, Mirzapur, Lalitpur, Rae Bareli, among others. 'We have already identified land in 11 districts for developing 15 MSME industrial estates to boost manufacturing and create local job opportunities,' a senior official said.
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Business Standard
12-06-2025
- Business
- Business Standard
UP govt acquires 18,000 acres in Bundelkhand for industrial development
Jhansi is also among the six nodes of the UP Defence Industrial Corridor (UPDIC). The other five nodes are Lucknow, Kanpur, Agra, Aligarh and Chitrakoot districts Virendra Singh Rawat Lucknow Listen to This Article The Uttar Pradesh government recently acquired nearly 18,000 acres of land in the Jhansi district, as part of its ongoing efforts to develop a Noida-like industrial enclave in the Bundelkhand region. The nodal agency, Bundelkhand Industrial Development Authority (BIDA), is planning to acquire a total of 65,000 acres spanning 33 revenue villages in Jhansi for the same. Jhansi is also among the six nodes of the UP Defence Industrial Corridor (UPDIC). The other five nodes are Lucknow, Kanpur, Agra, Aligarh and Chitrakoot districts.
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Business Standard
05-06-2025
- Business
- Business Standard
UP govt plans green aviation fuel policy to link farming with clean energy
India's top agricultural producer is developing a plan to increase its portfolio of clean energy such as compressed biogas premium Virendra Singh Rawat Lucknow Listen to This Article The Yogi Adityanath government is creating 'Uttar Pradesh Sustainable Aviation Fuel Manufacturing Promotion Policy 2025' in an effort to integrate the farm economy with green energy. By using biomass and grain-based feedstock for the production of aviation fuel, the policy will promote rural income. The feedstock includes rice husks, wheat straw, excess food grains, and sugarcane bagasse. India's top agricultural producer is developing a plan to increase its portfolio of clean energy such as compressed biogas, in order to reduce fossil fuel consumption amid rising energy demand. The state has already received 18 investment proposals worth ₹3,000 crore from companies
