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Industrial Parks planned in many Uttar Pradesh districts
Lucknow: In a novel initiative to attract maximum investments to the state, the Yogi-led Uttar Pradesh Government is gearing up to develop private industrial parks in many districts. The industrial parks to be built on PPP (public private partnership) model are expected to boost exports from the state as well.
The districts where private industrial parks are intended to be developed include Lucknow, Unnao, Amethi, Sultanpur, Pratapgarh, Auraiya, Hamirpur, Jalaun, Noida, Ghaziabad, Meerut, Azamgarh, Ambedkar Nagar, Gorakhpur and Prayagraj.
The State Government intends to build the first industrial park in Unnao near Agra-Lucknow Expressway. Land has also been identified to build this private industrial park in Barauli Kalan village of the district. Industries manufacturing textile and ready-made garments, food processing, perfumes, brass products, toys and electronic equipment can be set up in these private industrial parks.
It is worth mentioning here that Chief Minister Yogi Adityanath had announced a number of facilities for entrepreneurs intending to build industrial parks and warehouses as well as providing logistics services last year. It included significant reduction in the land required for setting up a private sector industrial park through an amendment in the Uttar Pradesh Industrial Investment and Employment Promotion Policy-2017.
Now, entrepreneurs can set up private industrial parks in at least 20 acres of land in Bundelkhand and Purvanchal regions of the state whereas 30 acres or more would be required for setting up a private industrial park in Pashchimanchal, including Madhyaanchal, Noida and Ghaziabad.
In order to encourage big investors from within the country and abroad to come forward to build private industrial parks in the state, the Industrial Development Department has identified about 9,000 hectares of land in 15 cities along the expressways on the instructions of CM Yogi .
The reason behind identifying lands for industrial parks near expressways was that it would facilitate faster movement of goods and transportation would be cheaper. Soon private investors will be allotted land on liberal terms for industrial projects to be taken up in their areas.