The Uttar Pradesh government has managed to rope in more than 40 investors from national & international companies from about 10 countries namely Japan, US, UK, Canada, Germany, South Korea, etc for around Rs 45,000 Crores investment.
Nearly 426 acres of land (326 plots) have been allotted by the Industrial Development Authorities for the project and employment generation potential of nearly 1, 35,362 will be created. This includes allotment to major investors such as Hiranandani Group, Surya Global, Hindustan Unilever, MG Capsules, Kesha Packaging Mountain View Technologies, etc.
A major reform carried out by the Government was implementation of one of India’s largest digital single window portal Nivesh Mitra, providing around 166 services to the entrepreneurs.
The State Government has identified around 22,000 acres of land along Expressways for industrial development. Out of these identified land, six high potential locations have been identified at Firozabad, Agra, Unnao, Chitrakoot. Mainpuri and Barabanki districts for establishment of industrial parks through various development models.
The State Government has further renewed its focus to promote new industries as well such as Bulk Drug & Medical Device manufacturing – for which the State Government is pursuing with Government of India for development of dedicated Industrial parks Sectors like Logistics, Defence, Data Centre etc. are also largely gaining momentum. The State Government is quickly adapting to new market trends and focusing to tap new opportunities
The upcoming Jewar International Airport in Greater Noida spread over 5,000 hectares of land will be one of the largest airports in the Northern India. With the airport, projects like MRO/ Cargo complex and aerotropolis are likely to come up.
Besides, MSME park, Electronics Park, Apparel Park, Handicraft park and Toy park are also proposed in the region. The State Government has recently announced a film city of over 1,000-acre plot located just about 6 km from the proposed Jewar International Airport. These schemes are expected to bring investment worth Rs 40,000 er and around 2.5-3.0 Lakh employment.
