look news india
Lucknow: Many big investment projects are now getting ready to break ground in UP next year. Be it the Rs 7,000 crore private industrial park coming up in Chandauli or the Rs 3,000 crore cement plant in Mirzapur and Fatehpur or other investment projects. UPCIDA is going to lay the foundation stone of such investment projects worth more than Rs 1 lakh crore through ground breaking ceremony. This will create 5.12 lakh jobs.
Maximum projects worth Rs 3.45 lakh crore are in the manufacturing sector. The industrial park under construction in Chandauli will provide employment to at least 6,000 people. RVNL is preparing a project to make railway coaches in Jhansi with an investment of Rs 2,840 crore.
Similarly, Indorama India is also going to set up a urea plant in Amethi. UPCDA was to prepare investment projects worth Rs 1.50 lakh crore for this year’s ground breaking ceremony and it is expected that this target will be achieved by next month.
UPSIDA CEO Mayur Maheshwari said the authority is assisting investors in their project-wise land acquisition, NOC and project implementation. Land has been made available for most of the projects and investors are preparing to set up their projects.
Sector ready project proposed employment for investment
Energy 2,313 3,760
Infrastructure and Real Estate 3,918 31,655
Logistics & Warehouse 24761 32012
Manufacturing 48,862 3,45,220
Others 673 2,421
Private Industrial Park 24,761 32,012
service 627 1261
Potential employment in top ten districts-
employment in district investment crore
Kanpur 9649 256039
Ghaziabad 3844 29135
Hapur 4820 26586
Meerut 1355 21523
Chandauli 7189 21057
Moradabad 1300 20700
Varanasi 2541 17063
Lucknow 1174 11675
Amethi 4848 7035
Gautam Buddha Nagar 1728 6190
