UP Allots 1000 Plus Plots in FY 21, Attracting Around Rs 9,700 Crore Investment, Creating 1.96 Lakh Jobs

Lucknow, Nov 19 (TNA) Government of Uttar Pradesh has been aggressively pursuing industrialization led development in the state to generate new employment opportunities and uplift the economic condition of its citizens and has so far in FY21 has allotted nearly 740 acres of land (1097 plots) for projects with investment size of around Rs 9,700 Crores and employment generation potential of nearly 1,95,990.

Of this, industrial development minister Satish Mahana informed, Yamuna Expressway Industrial Development Authority (YEIDA) alone has allotted 566 acres (871 plots) for projects worth Rs 7006 Crores investment and 1,71,683 employment. These allotments have been made for Apparel Park (124 plots), Handicraft park (76 plots), MSME Park (516 plots) and Toy Park (111 plots) in Sector 29 and 33.

Other authorities, such as UPSIDA has allotted nearly 52 acres (123 plots) for projects worth Rs 588 Crores investment and 8441 employment, followed by NOIDA which has allotted 92 acres (101 plots) for projects worth Rs 1341 Crores investment and 14500 employment.

Notable investors who have been allotted the land recently include Hiranandani Group, Surya Global, Hindustan Unilever, MG Capsules, Kesho Packaging, Mountain View Technologies, etc. The State Government has also attracted more than 40 investment intents, including intents from companies from around 10 countries such as Japan, US, UK, Canada, Germany, South Korea, etc. worth around Rs 45,000 Crores, the minister further stated.