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Hindustan Times
4 days ago
- Business
- Hindustan Times
GBC-5: UP govt wants investors to look beyond Greater Noida
As the Uttar Pradesh government is getting ready for the fifth Ground Breaking Ceremony (GBC-5) proposed in November, it is flooded with requests from investors for allotment of land in Greater Noida, while large chunks of land in Bundelkhand region are available. The government aims to roll out projects worth ₹ 5 lakh crore, with the figure likely to reach ₹ 10 lakh crore by the time of the event at the fifth GBC, said state industrial minister Nand Gopal Gupta 'Nandi. (HT file) In the last four GBCs, Greater Noida has turned out to be a favourite destination for investors. This preference is not without reason. Due to proximity to New Delhi and now the upcoming Jewar airport, it is the first choice for investors. 'To tackle this issue, the government has earmarked Greater Noida region for Data Centre and IT companies. In the GBC-5, the government wants to give a push to the Bundelkhand region where large chunks of land are available,' a senior state government official said. 'In the forthcoming GBC, regions that have attracted less investment will be in focus . The government wants to bring more investment into the Bundelkhand region which is among six nodes of the Defence Industrial Corridor,' the official added. In the GBC-5, the government is also likely to introduce new concessions for entrepreneurs setting up their units in B-category towns across the state. 'Investors need to look beyond Greater Noida. For this, more concessions will be given to them in this fifth ground breaking ceremony proposed in November if they set their units in small towns across the state,' state industrial development minister Nand Gopal Gupta 'Nandi' said. 'Bundelkhand is one such region where the government wants to focus on the pharma sector and solar power plants as these sectors need large chunks of land. In this region, land is easily available,' the minister added. 'The government aims to roll out projects worth ₹5 lakh crore, with the figure likely to reach ₹10 lakh crore by the time of the event at the fifth GBC,' he said. 'The GBC-5 is set to be another major milestone in turning investment proposals into reality,' he added. Uttar Pradesh has hosted two investor summits to date. The first, held in 2018, attracted investment proposals worth ₹4.28 lakh crore, while the second, in 2023, set a record with proposals of ₹33.50 lakh crore. To ensure these proposals are implemented efficiently, the government has been conducting GBCs as a key mechanism for fast-tracking projects. For the GBC-5, the Invest UP has started listing out projects that have reached the production stage. According to Invest UP, more than 8,000 projects out of 16,000 have already begun commercial operations, while the rest are at various stages of implementation.
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Business Standard
24-07-2025
- Business
- Business Standard
Uttar Pradesh govt seeks ₹10 trillion in investment to boost industry
Invest UP, the state's investment promotion agency, has already lined up projects worth ₹5 trillion for the proposed ground breaking ceremony Virendra Singh Rawat Lucknow Listen to This Article The Uttar Pradesh government is planning to line up projects worth ₹10 trillion in November this year, in a bid to boost its industrial development agenda. Invest UP, the state's investment promotion agency, has already lined up projects worth ₹5 trillion for the proposed ground breaking ceremony (GBC 5.0), and is hopeful that the basket will increase to ₹10 trillion by November. In the run up to the event, the agency will also host roadshows in countries like South Korea, Qatar, China, Singapore, Canada, and UAE. The state's industrial development minister Nand Gopal Gupta has asked officials to focus on
Time of India
22-07-2025
- Business
- Time of India
Adani Ports, others in race to set up Greater Noida Logistics Park
Gujarat-based companies Adani Ports & Special Economic Zone, Super Handlers, and Empezar Logistics are vying to set up a 174-acre multimodal logistics park in Greater Noida with an investment of at least ₹1,200 crore, said a minister in the Uttar Pradesh government. The Greater Noida Industrial Development Authority (GNIDA) had earlier invited bids to give the land on lease for 90 years for setting up the park. The facility will comprise cargo handling yards, warehousing centres, a skill development centre, and various logistics services for cargo terminal operations. "The project will create at least 5,000 jobs and speed up freight movement. We are examining all the proposals, and a decision will be taken soon," said Nand Gopal Gupta 'Nandi', minister for industrial development in UP, who also holds the portfolios of Export Promotion, NRI, and Investment Promotion. Explore courses from Top Institutes in Please select course: Select a Course Category others Technology CXO Project Management healthcare Data Science Finance Others Operations Management Cybersecurity MCA Leadership Artificial Intelligence Design Thinking Public Policy Healthcare Data Analytics Degree Product Management Data Science Digital Marketing MBA Management PGDM Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT - ISB Cybersecurity for Leaders Program India Starts on undefined Get Details He said the state government is working on several projects to develop industries across UP and to further improve the ease of doing business. The proposed logistics park, Gupta said, is in line with the state's multi-modal logistics park policy 2024. The policy offers several incentives for investors. The logistics park is near the upcoming Noida International Airport and has easy access to the eastern and western dedicated freight corridors. It is also close to the CONCOR-operated dry port that handles container storage and processing. The 'Scheme for Allotment of Plot for Development of Multi Modal Logistic Park at Greater Noida' entails a minimum investment of ₹1,200 crore, excluding land cost. The project has been approved under the Greater Noida Master Plan 2041. The allotment of 174.1 acres of contiguous land at Kappa II sector in Greater Noida will be made on a leasehold basis for a 90-year period from the date of execution of the lease deed. The application, along with the requisite documents, will be scrutinised by a screening committee before it is finalised by an allotment committee. According to industry analysts, leasing activity in warehousing is likely to remain buoyant in 2025, driven by demand from ecommerce, third-party logistics firms, FMCG and retail sectors. Developers are also boosting supply in peripheral zones of major metros, backed by institutional capital and growing demand for compliant, efficient warehousing stock.
Time of India
22-07-2025
- Business
- Time of India
UP minister launches HRMS portal for investors' support, Hr News, ETHRWorld
Advt Advt Join the community of 2M+ industry professionals. Subscribe to Newsletter to get latest insights & analysis in your inbox. All about ETHRWorld industry right on your smartphone! Download the ETHRWorld App and get the Realtime updates and Save your favourite articles. Lucknow, To enhance investor facilitation and internal efficiency, Uttar Pradesh Industrial Development Minister Nand Gopal Gupta 'Nandi' on Monday launched the Human Resource Management System (HRMS) portal for Udyami Mitras at the Invest UP office launch took place during a high-level review meeting on industrial development, export promotion and investment facilitation, an official statement cloud-based HRMS portal , seamlessly integrated with the state's ' Nivesh Sarathi ' platform, is designed to digitise and streamline key administrative functions for Udyami Mitras, including attendance, leave, payroll, Form-16 generation and other HR provides real-time access to employee records, promotes transparency and reinforces administrative oversight across district and state levels. By transitioning from manual to system-based workflows, the portal enables end-to-end automation of HR processes, the statement minister emphasised that this portal marks another milestone in strengthening the institutional framework for investor support in UP."Udyami Mitras plays a critical role in translating the state's investor-friendly policies into on-ground impact. With the launch of this HRMS system, we are further empowering them with digital tools to function more effectively," he the Mukhyamantri Udyami Mitra Yojana launched in 2023, over 110 trained Udyami Mitras have been deployed across districts and industrial act as direct facilitators between investors and government, supporting tasks such as land identification, MoU tracking, investment proposal verification, industrial interactions and resolution of bottlenecks through platforms like Nivesh Mitra and Nivesh HRMS portal is a forward-looking system that enhances operational efficiency, accountability and ease of doing business, the minister said."It will strengthen back-end governance and enable faster, more structured investor support," he the review meeting, the minister also assessed the status of departmental coordination and directed swift resolution of pending issues. Discussions included plans and sector-focused initiatives being prepared for the upcoming ground-breaking ceremony.
Time of India
21-07-2025
- Business
- Time of India
Govt launches portal for ‘Udyami Mitras'
Lucknow: UP govt launched the Human Resource Management System (HRMS) portal for 'Udyami Mitras' on Monday. It will enhance investor facilitation and internal efficiency. The cloud-based HRMS portal has been integrated with the state's Nivesh Sarathi platform and designed to digitise and streamline key administrative functions for Udyami Mitras including attendance, leave, payroll, Form-16 generation, and other HR operations. It provides real-time access to employee records, promotes transparency, and reinforces administrative oversight across district and state levels. By transitioning from manual to system-based workflows, the portal enables end-to-end automation of HR processes. UP industrial development minister Nand Gopal Gupta 'Nandi', who launched the portal, said it will strengthen the institutional framework for investor support in UP. "Udyami Mitras play a critical role in translating UP's investor-friendly policies into on-ground impact. With the launch of this system, we are further empowering them with digital tools to function more effectively," he said. Under the Mukhyamantri Udyami Mitra Yojana launched in 2023, over 110 trained Udyami Mitras have been deployed across districts and industrial authorities. They act as facilitators between investors and govt, supporting tasks such as land identification, MoU tracking, investment proposal verification, industrial interactions, and resolution of bottlenecks through platforms like Nivesh Mitra, Nivesh Sarathi, and OIMS.
