The Uttar Pradesh State Industrial Development Authority (UPSIDA) is gearing up to launch initiatives representing 15 per cent of the Rs 10 lakh crore investment proposals, amounting to Rs 1.5 lakh crore, as the Yogi government’s preparations for hosting the fourth edition of the highly anticipated Ground Breaking Ceremony ((GBC@IV)) in Lucknow on February 19 are in their final stages.
The initiatives include various significant projects covering diverse areas, such as integrated townships, malls, private industrial parks, rail coaches, logistics and warehousing, food processing, cement industry, hospitals, biofuel, and manufacturing.
Once implemented, the projects will transform the image and destiny of several districts, including Chandauli, Lalitpur, Basti, Etah, Bulandshahr, Amethi, Moradabad, and Jhansi, contributing to their economic growth along with the overall development of the state, officials here on Wednesday said.
It is worth mentioning that the UPSIDA had received proposals worth more than Rs 3.5 lakh crore through the Global Investors Summit held in February last year. Out of these, it is going to implement projects worth Rs 1.5 lakh crore in GBC@IV. It is noteworthy that the ground breaking ceremony 2024 will be inaugurated by Prime Minister Narendra Modi.
Through GBC@IV, an Integrated Township is being constructed in Chandauli with an investment of Rs 7,000 crore. PM Modi will inaugurate this project in GBC. This integrated township to be built on 333 acres will be covered under Tourism Policy 2022, Logistics Policy 2022, Industrial Policy 2022, Non-polluting Industry, Education, Health, Housing, PM Awas, etc. Through this, the state government will be able to create 6,000 jobs in Chandauli.
Additionally, integrated townships and malls will be developed in Chandauli by World Trade Center Noida, a development company. Through this, 12,000 jobs will be created. Altogether, these two projects alone will generate 18,000 jobs in Chandauli.
Furthermore, in the manufacturing sector, Bharat Heavy Electricals will produce industrial goods at a cost of Rs 1,325 crore, providing employment to 100 people. Similarly, Apex Welfare Trust will establish a hospital and college with an investment of Rs 325 crore, creating employment for 50 people. In Basti, Anita Distillery will produce ethanol, ENA, and bottling DDGS in the biofuel sector with an investment of Rs 300 crore, which is likely to generate 1,500 jobs.
Many big projects of the UPSIDA will take shape through GBC@IV in the Bundelkhand region as well. Under this, the Rail Vikas Nigam Ltd. in Jhansi will establish LBS coach and track works at a cost of Rs 2,840 crore. This will create 1,500 jobs. Similarly, Varun Beverages in Bargarh, Chitrakoot, will invest Rs 1,252 crore to set up its processing unit to produce fruit pulp and fruit juice-based drinks, potentially creating 1500 jobs.
Likewise, in Lalitpur, FSK Foils India Private Limited will invest Rs 250 crore in the manufacturing sector. The company will manufacture products such as aluminum tape, aluminum foil woven, aluminum foil PE coating, Kraft facing, and heat sealing.
Western Uttar Pradesh has been a hot spot in terms of investment wherein more than 50 per cent of the total targeted projects are going to be launched in GBC@IV. The projects include those of UPSIDA, such as the establishment of a Swadeshi Industrial Park Private Industrial Park with an investment of Rs 6,000 crore in Ghaziabad, which will create approximately 5,000 jobs.
Moreover, Hind Terminal (Sharaf Group) in Moradabad will invest Rs 1,250 crore in logistics and warehousing, generating 1,250 jobs. In Amethi, Varun Beverages will invest Rs 780 crore in food processing, potentially creating 250 jobs. Additionally, Moon Beverages Ltd. in Hapur will invest Rs 756 crore in the production of various products such as Coke, Fanta, Limca, Spice, Thumbs Up, Kinley Soda, Maaza, and RimZim. In Meerut, Vishwakarma Industrial State will develop a private industrial park with an investment of Rs 626 crore, creating 6,570 jobs.
In addition to this, Shri Cement North India will invest Rs 600 crore in the manufacturing of non-metallic mineral products in Etah, creating 245 jobs. Furthermore, in Bulandshahr, Kanodia Cement Ltd. will set up a manufacturing unit for non-metallic mineral products with an investment of Rs 452 crore, providing employment to 250 people.
In Meerut, Manasarovar Infra Build will invest Rs 265 crore to establish a private industrial park, creating around 10,000 jobs. R K Logistics in Sant Kabir Nagar will invest Rs 250 crore in logistics and warehousing, providing employment for 380 people.
UPSIDA CEO Mayur Maheshwari informed that the authority has prepared MoUs worth Rs 1.5 lakh crore for launch in 45 districts of the state during GBC@IV. The MoUs will lead to the setting up of more than 3,500 units with Mathura receiving an investment of Rs 6,660 crore for its various industrial areas.
In terms of figures, he mentioned that there will be an investment of Rs 3,915 crore in Bulandshahr, Rs 1,693 crore in Amethi, Rs 1,455 crore in Meerut, Rs 1,129 crore in Gautam Buddha Nagar, and Rs 213 crore in Aligarh. This will not only generate new employment opportunities but empower the state economically and contribute to increasing India’s GDP.