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Uttar Pradesh: Lakhs of jobs generated in big & small industrial units of state in 4.5 years

According to the UPSIDA data, more than 3500 investors have taken 2000 acres of land from UPSIDA since 2017 for setting up the factory. An investment of Rs 11,500 crore will be made on this land and through this one lakh people will get employment in the industries on UPSIDA land alone.

New Delhi: The efforts made in Uttar Pradesh to provide permanent employment to the people through industries are showing positive results now. The Industrial investment in ten districts of Paschimanchal (western UP) in the last four years is testimony of this fact.

The significant thing is that the maximum industrial plots have been taken by investors from the Uttar Pradesh State Industrial Development Authority (UPSIDA), in Paschimanchal of the state. Several new industries are now being set up in ten districts of west UP namely Noida, Ghaziabad, Meerut, Hapur, Aligarh, Agra, Mathura, Firozabad, Bulandshahr and Saharanpur with permanent employment in these industries. Many of the industries have already started production and provided employment. This has been made possible only because of the changes made in the industrial policies to promote industrial investment in the state.

It is noteworthy that after assuming the power of the state, CM Yogi made many changes in the industrial policies of the state to provide permanent employment to the people through industries. The basic idea was to make industrial policies investor-friendly and announced several concessions to investors willing to invest in the state. In this process, the major industrial development authorities of the state (UPSIDA, NOIDA, Greater NOIDA, YIDA and GIDA) were directed not to delay in providing land to the investors willing to invest in the State.

Uttar Pradesh: Lakhs of jobs generated in big & small industrial units of state in 4.5 years

In line with the intentions of the Chief Minister, UPCSIDA, NOIDA, Greater NOIDA, YEIDA and GIDA took interest in providing land to small and big investors. Soon after, industries started setting up in Noida, Ghaziabad, Meerut, Hapur, Aligarh, Agra, Mathura, Firozabad, Bulandshahr and Saharanpur of Paschimanchal on the land provided by UPSIDA.

According to the UPSIDA data, more than 3500 investors have taken 2000 acres of land from UPSIDA since 2017 for setting up the factory. An investment of Rs 11,500 crore will be made on this land and through this one lakh people will get employment in the industries on UPSIDA land alone.

BbLarge companies like ITC Ltd., PepsiCo, Haldiram, Berger Paints, Green Ply, Kribhco Fertilizers, Von Wells, Coca-Cola, Gyan Doodh, British Paints, Webley Scott, AB Mauri, Bharat Petroleum, Unilever and Inox Air have taken land from UPSIDA. Similarly, Bika India Limited in Ghaziabad, Link lock Private Limited in Aligarh, PepsiCo and Rose Enterprises in Mathura, Rasik Exports Private Limited, MG Organics have also taken land from UPSIDA. Many of these companies have started production by setting up their factories, while many companies are in the process of setting up their m factories.

Uttar Pradesh: Lakhs of jobs generated in big & small industrial units of state in 4.5 years

UPSIDA has also allotted land in Greater Noida, Saharanpur, Shahjahanpur, Bareilly, Mathura last month to the entrepreneurs willing to set up oxygen production units. Land has also been allotted to over a dozen companies investing in the Defence Corridor in Aligarh.

According to the officials of UPSIDA, in the last four years, the maximum 40 percent of total industrial investment took place in ten districts of Paschimanchal followed by 25 percent in the districts of Madhyanchal, 20 percent in Purvanchal and 15 percent in Bundelkhand.

Even during the Corona period, the investors influenced by the investor friendly policies of UP government have taken land from UPSIDA for the establishment of about 922 small and big industrial units in 15 districts of the state including Noida, Ghaziabad, Mathura, Moradabad. The construction work of many of these industrial units has started. Last year, 134 in Noida, 160 in Ghaziabad, 95 in Mathura and 27 in Meerut and five in Moradabad took land from UPSIDA to set up industries.

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Last year, all the small and big investors were given land through the Nivesh Mitra portal, on which the process of construction of the factory has started. Among those who set up factories by taking land from UPSIDA, most 42 percent investors are associated with manufacturing sector followed by 26 percent in the food processing sector, 11 percent in the textile sector, 10 percent in the metals sector five percent in the chemicals sector two percent investment in electronics.