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Indian Express
19-07-2025
- Business
- Indian Express
‘City of the future' in UP heartland: Yogi govt speeds up big-ticket project, but Opposition remains sceptical
Known for being a drought-prone region, the barren landscape of Bundelkhand in Uttar Pradesh is now crucial to the Yogi Adityanath government's ambitions to achieve $ 1-trillion economy status by 2029, with the state administration planning to establish a 'futuristic' industrial city bigger than even Noida. The proposed industrial township at the heart of UP will be built over 56,662 acres of land across 33 villages in Jhansi district and will meet international sustainability standards, with 24.2% of its area set aside for green cover, officials said. The draft master plan of the city, which will be administered by the newly formed Bundelkhand Industrial Development Authority (BIDA), has been prepared by a consortium of Singapore-based Surbana Jurong, a government-owned consultancy company focusing on infrastructure and urban development, and the US-based CBRE, a commercial real estate services and investment firm, that was selected through bidding. Sources said BIDA had cleared the master plan, prepared over nine months, and is now awaiting the final approval from the government. Officials said the state administration had sped up the land acquisition process, with 19,000 acres of land already acquired for about Rs 3,000 crore for building the township. Experts and officials said the government had tried other methods to shift the investment focus from the National Capital Region to the other parts of UP, including providing extra incentives and rebates, but now the hope lay with the development of this township that will sit at the crossroads of the North-South and East-West national corridors, making it an ideal logistics hub. 'The concept of BIDA has become fascinating as it will not just be bigger than NODIA but is being planned in such a way that it is futuristic, self-sustainable, with due consideration given to the creation of green belts, buffer zones, and use of green energy. It is the first time in 47 years that an Industrial city at such a large scale is being established in the state,' said BIDA CEO Amrit Tripathi. He said more than 26% had been set aside for green cover and the development was 'more focused on achieving global standards of sustainability and all planning is based on circular economy'. The draft master-plan 2045 proposes that the township have its own golf city, convention centres, institutional and residential areas, large water bodies, including a waterfront near Dongri Dam, a tent city for tourists, and a skill development centre to cater to the needs of the industry. Of the total area, about 33% will be allotted to industries, 16% will be used for residential purposes, about 2% will be village abadi land (inhabited areas used primarily for residential purposes and other activities such as keeping cattle, schools and other institutions), 1.5% for commercial use, and about 5% designated as mixed use. About 3.7% has been set aside as institutional land and 2.81% is for water bodies. Officials said the focus was on seeking investments for apparel, foods and beverages, pharmaceuticals (a bulk drugs park is coming up in neighbouring Lalitpur district), defence (given its proximity to the Uttar Pradesh Defence Industrial Corridor), and electrical and renewable energy sectors. Among the advantages that the region has are the Bundelkhand Expressway and the presence of two of the six nodes of the defence corridor: Jhansi and Chitrakoot. The latter, however, has yet to receive any major investment. Accusing the government of focusing on acquiring land for the benefit of a handful of big industrialists, Samajwadi Party district president Brajendra Yadav said, 'Farmers are being neglected in this entire process. While farmers of western UP have become rich, with the high compensation for their land, here, the land is being acquired at far cheaper rates to benefit the industries that have yet to set up anything. The land where this township is coming is in the heart of the country, that is in Babina, which was once a big Army base. We just hope that farmers and locals get the benefit of this land acquisition and the new township,' he said. Criticising the project, former Union Minister and Congress leader from Bundelkhand, Pradeep Jain Aditya, said, 'The government is focusing only on acquiring land. So much land was acquired for the Defence Corridor, but what happened to the big claims of mega investment in the corridor here in Bundelkhand? Despite acquiring so much land, they have failed to bring any large-scale investments like in Nodia. While projects in other nodes are progressing at a fast pace, here, only the boundary wall has been constructed. Local industries such as a glass factory in Chitrakoot, the Khadi Udyog in Mahoba, and a paper mill in Kalpi have all closed down over the years. How can we believe the government's claims now?'
India.com
04-07-2025
- Business
- India.com
Anti India Yunus plans big conspiracy against India, may join hands with this country to open weapon factories, not Pakistan, China, country is....
Anti India Yunus plans big conspiracy against India, may join hands with this country to open weapon factories, not Pakistan, China, country is... Dhaka: Amid the ongoing tensions between India and neighbouring Bangladesh, Turkey is going to enter into a strategic defence partnership with Dhaka. As per reports, a top Turkish defence industry official will visit the Middle East country next week, and during the same period, both countries can hold important talks to expand the defence-industry partnership. People familiar with the development have said that Haluk Gorgun, head of Turkey's Defence Industry Agency (SSB), will visit Dhaka on July 8, on a one-day visit. He is scheduled to meet Chief Advisor of the Interim Government Muhammad Yunus. Is Mohammad Yunus Preparing To Enter A Strategic Defence Partnership With Turkey? It is speculated that Mohammad Yunus is preparing to enter into a strategic defence partnership with Turkey. Notably, the Middle East country helped Pakistan against India during the recent conflict. Haluk Gorgun's visit to Dhaka can not be seen as a normal formal meeting, but through this, Ankara is planning to strengthen its presence in Bangladesh at the strategic level. As per a report by the Economic Times, Gorgun is scheduled to meet Bangladesh Army Chief General Waqar-uz-Zaman, Navy Chief Admiral M. Nazmul Hasan and Air Chief Marshal Hasan Mahmud Khan. Why Turkey Struggled to Gain Ground in Bangladesh Under Sheikh Hasina? During Sheikh Hasina's tenure, Turkey did not get any chance to set its foot in the country. But now under the Mohammad Yunus-led government the country has a chance as he supports Erdogan's 'Caliphate rule'. The report states that Bangladesh Investment Development Authority (BIDA), which is an apex investment promotion agency, is planning to set up defence industrial complexes in Chittagong and Narayanganj in collaboration with Turkish defence companies. Notably, BIDA Executive Chairman Chowdhury Ashiq Mahmud Bin Harun recently completed a five-day trip to Turkey. During the visit, he held talks with major Turkish defence companies. It is worth mentioning that in recent years, Turkish companies have gained global recognition in drone technology, radar systems, missile development and aircraft manufacturing. Does Turkey Want To Be In A Position To Directly Challenge India? It is believed that Pakistan's friend Turkey, by setting up defence factories in Bangladesh, wants to be in a position to directly challenge India. The Middle East country also wants to sell its defence materials in Asia and African countries. Bangladesh also wants aerospace collaboration with Turkey. Following a meeting between Bangladeshi Foreign Affairs Advisor Mohammad Tauhid Hussain and Turkish Aerospace Chief Mehmet Demirolu at the Antalya Diplomacy Forum in April 2025, Mohammad Yunus is pursuing an aerospace agreement with Ankara. During the meeting, both the sides possibilities of cooperation in the field of advanced fighter aircraft, training aircraft and satellite systems. Does Bangladesh Want To Become Turkey's Strategic Partner? Bangladesh's evolving relationship with Turkey signals a shift beyond a simple buyer-seller dynamic towards a strategic partnership. This development, alongside China's growing influence, suggests Turkey aims to exert pressure on India through Bangladesh. Furthermore, the involvement of the United States in a potential plan to separate Myanmar into a Christian state, with Bangladesh's possible assistance, indicates Bangladesh is becoming a key player in regional geopolitical manoeuvring. This situation raises concerns that Bangladesh could become a battleground for competing global interests, potentially exploited by nations opposed to India.
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First Post
04-07-2025
- Business
- First Post
Turkey expands influence in Bangladesh with defence industry plans, support to extremists
Bangladesh Investment Development Authority (BIDA), is reportedly planning to establish defence industrial complexes in Chittagong and Narayanganj in collaboration with Turkish defence firms read more Muhammad Yunus, chief adviser of the Government of Bangladesh. Reuters After Pakistan, it looks like Turkey is also looking to expand its strategic footprint in Bangladesh following the ouster of deposed prime minister Sheikh Hasina in August 2024. In an unprecedented move, a top Turkish defence official is expected in Dhaka for an eight-day visit starting July 8, signalling that the two nations are looking to expand their military partnership. Economic Times reported that Haluk Gorgun, head of Turkey's Defence Industry Agency (SSB), will visit Dhaka and meet the chief of the interim government, Muhammad Yunus. He is also expected to meet army chief Gen Waqar-uz-Zaman, navy chief Admiral M Nazmul Hasan and air force chief Air Chief Marshal Hassan Mahmud Khan. STORY CONTINUES BELOW THIS AD Bangladesh Investment Development Authority (BIDA), the country's primary investment promotion agency, is planning to establish defence industrial complexes in Chittagong and Narayanganj in collaboration with Turkish defence firms. BIDA executive chairman Chowdhury Ashik Mahmud Bin Harun recently completed a five-day trip to Turkey. Foreign affairs adviser Md Touhid Hossain, who spoke at a conference during a visit to Turkey in April, had stressed that Bangladesh sought a reliable partner in aerospace technology, and cooperation with Turkey would be mutually beneficial. Hossain met with Turkish Aerospace president and CEO Mehmet Demirolu on the sidelines of the Antalya Diplomacy Forum 2025, where they discussed potential cooperation. Turkish intelligence supporting Islamists in Bangladesh Previously, reports indicated that Turkish intelligence agencies are allegedly providing financial and logistical support to Islamist groups in Bangladesh, particularly the radical outfit Jamaat-e-Islami, raising concerns about India's national security. Intelligence sources claim that Turkey's support extends beyond ideological alignment to include direct financial assistance. A notable example is the renovation of Jamaat's office in Dhaka's Moghbazar, allegedly funded by entities linked to Turkish intelligence, suggesting a deliberate effort to bolster the group's organisational and infrastructural capabilities. In a concerning development, Turkish authorities are said to have facilitated visits by Bangladeshi Islamist leaders and student activists, including Sadiq Qayam, to Turkish arms manufacturing facilities. Intelligence suggests these visits may aim to provide access to military expertise and potentially weapon supplies. STORY CONTINUES BELOW THIS AD
Time of India
03-07-2025
- Business
- Time of India
Nod to Bundelkhand industrial devpt plan
Lucknow: State cabinet on Thursday promulgated the Bundelkhand Industrial Development Authority Area (Preparation and Finalisation of Plan) regulation 2025. UP govt formed BIDA as part of its vision to undertake focused development of the Bundelkhand region into a thriving industrial hub. The larger goal was to change fate of the otherwise backward region by creating a self-sustainable ecosystem that powers economic growth and creates employment. Officials concerned said that BIDA's regulation will help the authority undertake safe and controlled development of the region and check unplanned and disorganised growth. Another key goal is to undertake development that is in sync with environmental concerns. It will also pave way for development of public amenities to create infrastructure that enhances the quality of life for people. Officials concerned said the move would help accelerate development in the region, attract investments, and create jobs.
Time of India
03-07-2025
- Business
- Time of India
Turkey eyes strategic foothold in Bangladesh with defence zones
A top Turkish defence industry executive is expected to visit Bangladesh next week as the two countries seek to expand military-industry partnership. Haluk Gorgun, head of Turkey's Defence Industry Agency (SSB), is due in Dhaka on July 8 for a day-long visit during which he will pay a courtesy call on interim government Chief Adviser Muhammad Yunus, people familiar with the development said. Gorgun will also meet army chief Gen Waqar-uz-Zaman, navy chief Admiral M Nazmul Hasan and air force chief Air Chief Marshal Hassan Mahmud Khan. Turkey, which had limited presence in Bangladesh under the Sheikh Hasina government, is looking to expand its strategic footprint in Dhaka while Bangladesh is planning to set up two defence industry complexes with Turkey's support for domestic issue as well as exports. Bangladesh Investment Development Authority (BIDA), the country's apex investment promotion agency, is planning to establish defence industrial complexes in Chittagong and Narayanganj in partnership with Turkish defence firms. BIDA executive chairman Chowdhury Ashik Mahmud Bin Harun was on a five-day trip to Turkey recently. Bangladesh needs a reliable partner in aerospace technology and it would be a win-win situation for both Bangladesh and Turkey if they cooperate with each other, foreign affairs adviser Md Touhid Hossain had said at a conference while visiting Turkey in April. Hossain had a meeting with Turkish Aerospace president and CEO Mehmet Demirolu on the sidelines of the Antalya Diplomacy Forum 2025, where the two discussed cooperation.
