Agencies
Lucknow, Dec 1: Vice President Jagdeep Dhankhar commended the Yogi government’s progressive industrial policies during the UP International Trade Show in Greater Noida on September 25, 2024. He highlighted Uttar Pradesh’s rapid transformation into a leading enterprise hub, crediting Chief Minister Yogi Adityanath’s proactive governance.
“CM Yogi is playing on the front foot, ensuring good governance, which has brought about a 360-degree transformation in the state. Today, UP is a top choice for global investors, thanks to its world-class infrastructure, including airports, expressways, and highways,” Dhankhar remarked.
CM Yogi’s commitment to security and transparent governance has redefined the state’s industrial landscape over the past seven years, evident in the remarkable growth figures.
Noida and Greater Noida have emerged as benchmarks for industrial development, with the upcoming Jewar International Airport set to propel the region further. The area is poised to become a premier global investment destination, attracting interest from multinational corporations.
Similar growth trajectories are visible in Bundelkhand and Purvanchal, which are driven by enhanced connectivity and infrastructure. Bundelkhand, now a solar energy hub, is witnessing a defense corridor boost.
The government’s ambitious plan to develop 33 villages across 36,000 acres between Kanpur and Jhansi under the Bundelkhand Industrial Development Authority (BIDA) aims to surpass Noida’s industrial scale, marking the beginning of a new era of economic prosperity in the state.
The Yogi government has established the State Capital Region (SCR) by integrating five districts around Lucknow, modelled after the National Capital Region (NCR). Plans include a 1,162-acre textile park on the Lucknow-Hardoi border and a 40-acre industrial hub in Lucknow’s Amausi Industrial Area, featuring an IT park, STP park, incubation center, and state data center. This development aims to position the SCR on par with the NCR in the coming years.
In Bundelkhand, the government is linking the Bundelkhand Expressway to Chitrakoot via a new expressway, with a sanctioned budget of Rs 13 billion. Chief Minister Yogi Adityanath prioritizes the development of Bundelkhand and Purvanchal, envisioning a prosperous future through initiatives like the Defense Corridor.
Additionally, the revived Gorakhpur fertilizer factory, now with enhanced production capacity, symbolizes the region’s industrial resurgence. Further boosting Gorakhpur’s industrial growth, an 800-acre corridor along the Gorakhpur Link Expressway is underway.
Plans for a new 5,500-acre industrial city in Dakshinanchal aim to transform barren lands near Dhuriyapar into a thriving investment hub, positioning Gorakhpur as a key economic center between Patna and Kathmandu.
The Yogi government’s special incentive scheme for industrial development focuses on Bundelkhand and Purvanchal. Industrial corridors along state expressways will provide significant benefits, particularly with projects like the Bundelkhand-Chitrakoot Link Expressway and Purvanchal-Gorakhpur Link Expressway, driving regional economic growth and prosperity.
Some investment-related figures are proof of how keen industrialists from the country and the world are to invest in UP.
MoUs worth more than Rs 4.68 lakh crore signed and projects worth more than Rs 4 lakh crore implemented in UP Investors Summit.
Work starts on about 1500 projects worth Rs 10.11 lakh crore in Ground Breaking Ceremony 4.0.
28029 MoUs agreed in UP Global Investors Summit, investment proposals worth more than Rs 40 lakh crore. |
