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News18
7 hours ago
- Business
- News18
UP govt to soon decide developer for multimodal logistics park in Greater Noida
Agency: PTI Last Updated: New Delhi, Aug 9 (PTI) The Uttar Pradesh government will soon finalise a developer to set up the 174-acre multimodal logistics park in Greater Nodia. Greater Noida Industrial Development Authority recently invited bids for the project, with an aim to attract over Rs 1,200 crore in investment, create at least 5,000 jobs, and speed up freight movement. Adani Ports and Special Economic Zone Ltd, Super Handlers and Empezar Logistics have made their bids, and a high-powered committee is going to look at their proposals and take a call after that. 'Three companies have submitted their bid for developing a multimodal logistics park at Greater Noida. A high-powered committee headed by the Chief Secretary will soon evaluate the proposal and take a call accordingly," Uttar Pradesh Minister for Industrial Development, Export Promotion, NRI, and Investment Promotion, Nand Gopal Gupta Nandi said. The objective is to make Uttar Pradesh the most preferred investment destination in the country, and towards this end, the government is formulating investor-friendly policies, he added. 'The development of a multimodal logistics park in Greater Noida is a quest in that direction. With the upcoming Jewar Airport in its proximity, the multimodal logistics park may play an important role in the economic development of the region and would lead to thousands of employment generation, both direct and indirect," he pointed out. The proposed logistics park will have proximity to Noida International Airport and easy access to Eastern and Western Dedicated Freight Corridors. It is also close to the Concor-operated dry port that handles container storage and processing. Other salient features of the park include cargo handling yards, warehousing facilities, a skill development centre, and other logistics services for the cargo terminal process. According to the 'Scheme for Allotment of Plot for Development of Multi-Modal Logistic Park at Greater Noida', a minimum of Rs 1,200 crore investment is envisaged for the development, excluding the cost of land. The allotment of 174.12 acres of contiguous land at Kappa 2 will be made on a leasehold basis for 90 years from the date of execution of the lease deed. PTI DP BAL BAL view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
United News of India
22-07-2025
- Business
- United News of India
UP to host post-Diwali GBC to attract Rs 5 lakh crore in investments
North Lucknow, July 22 (UNI) The Uttar Pradesh government is gearing up for a grand Ground Breaking Ceremony (GBC) after Diwali, with a target investment of Rs 5 lakh crore that could potentially reach Rs 10 lakh crore. UP Industrial Development Minister Nand Gopal Gupta Nandi made the announcement of government planning to host a GBC and said, "We are prepared for the GBC to the tune of over Rs 5 lakh crore," with the possibility of exceeding this target by the time the event takes place. To ensure the GBC's success, the government plans to conduct international road shows in countries like China, Singapore, South Korea, UAE, Qatar, and Canada. The minister emphasized the goal of making the state a Rs 1 trillion economy and providing all possible assistance to entrepreneurs. According to officials, the GBC includes 16,478 projects worth Rs 12.10 lakh crore. Around 8,363 projects worth Rs 4.33 lakh crore have already started commercial production, while 8,115 projects worth Rs 7.76 lakh crore are under implementation. Invest UP CEO Vijay Kiran Anand said that 62 companies have been given Letters of Comfort (LOCs) where investments worth Rs 2 lakh crore would be made. "We have set a target to issue LOCs to 10 companies every month," he added. He also mentioned that the UP government is targeting companies that are shifting their industrial units from China." UNI MBD AAB
India.com
07-07-2025
- Business
- India.com
Noida Airport Sets New Launch Timeline: Domestic Flights From Sept 15, Full Rollout By November 2025 After Delays
Noida International Airport Jewar: Noida International Airport is now set to begin domestic flights and cargo operations in September 2025, with international services expected to follow by November 2025. The announcement was made by Uttar Pradesh Industrial Development Minister Nand Gopal Gupta Nandi. This marks the third delay in the airport's scheduled launch since its foundation stone was laid in November 2021 — will be completed by November this year. However, the airport was first expected to be completed by September 2024. However, the deadline was moved to April 2025, and then delayed again to May–June due to incomplete work on the terminal building. In March, Chief Minister Yogi Adityanath set new targets — May 15 for starting domestic flights and June 25 for international operations. Jewar Airport's Phases Costs The Noida airport in Jewar is being built in four phases with an investment of Rs 29,650 crore. The first phase, costing Rs 10,056 crore, is designed to cater to 12 million passengers annually. It will have one runway and one terminal building. By the fourth phase, the airport is expected to become operational in 2040. The airport will have the capacity to handle 70 million passengers annually. Second Major Commercial Airport Once finished, the 1,334-hectare Noida airport will be the second major commercial airport in the National Capital Region, after Delhi's Indira Gandhi International Airport. Right now, the only other functioning airport in the NCR is Hindon Airport in Ghaziabad, which runs a few commercial flights under the control of the Indian Air Force.
Time of India
01-07-2025
- Business
- Time of India
GST payment of 4.91cr for 8 cos okayed by Nandi
1 2 Lucknow: Infrastructure and industrial development minister Nand Gopal Gupta Nandi on Tuesday approved incentives amounting to Rs 4.91 crore for eight companies from Kanpur, Aligarh, and Bareilly divisions. "The incentive is extended under the UP Industrial Investment and Employment Promotion Policy as GST reimbursement. The aim of the exercise is to boost investment in the state, provide maximum convenience to investors, and transform Uttar Pradesh into a one trillion dollar economy," said Nandi. The beneficiaries include six companies from the Kanpur division and one each from the Aligarh and Bareilly divisions. Noting that prior to 2017, industries were moving out of Uttar Pradesh, Nandi stated, "Under the Yogi govt, UP has emerged as a major investment hub, where investors are provided with incentive amounts. The state govt has announced specific policies under the Industrial Investment and Employment Promotion Scheme to encourage investors. " TNN Get the latest lifestyle updates on Times of India, along with Doctor's Day 2025 , messages and quotes!
Hindustan Times
21-06-2025
- Health
- Hindustan Times
Massive gathering: Nearly 8K people perform yoga at Sangam
Several programmes were organised in the Sangam city to mark the 11th International Yoga Day on Saturday. In one of the major events, nearly 8,000 people reached the Sangam banks in the morning. Uttar Pradesh cabinet minister Nand Gopal Gupta Nandi was the chief guest on the occasion. People in large numbers performed yoga at the Sangam banks in Prayagraj on 11th International Yoga Day on Saturday. (HT photo) As soon as the event began, participants followed the instructions of a yoga instructor and performed different asanas. As per the guidelines issued, people practised yoga for 45 minutes at the venue which was divided into four zones and 12 sectors. At the venue, artist Sanjay Gupta created a sand art on Maharishi Patanjali—the Father of Yoga— which was the centre of attraction for the people with ministers and other public representatives taking selfies near it. Yoga sessions at different places While the judges of the Allahabad high court practised yoga at the high court, similar programmes were also held at the district court, Officers' Hostel, Chandra Shekhar Azad Park, Saraswati Ghat and every gram panchayat and town area of the district. MUNPL celebrates the day Meja Urja Nigam Private Limited (MUNPL) celebrated the International Yoga Day at Utsav Bhawan in Srijan Vihar Township. The event also marked the conclusion of a week-long yoga workshop. Ashesh Kumar Chattopadhyay, CEO, MUNPL, was the chief guest on the occasion while Krishna Chattopadhyay, president, Aprajita Mahila Samaj, was the guest of honour. The event was attended by senior officials and other MUNPL staff. Municipal corporation holds event The Prayagraj Municipal Corporation organised a yoga event at Shivalaya Park located in Arail Naini. Municipal commissioner Seelam Sai Teja, Prayagraj mayor Umesh Chandra Ganesh Kesarwani besides corporators and civic officials took part in the programme. Programme organised at NCR The Yoga Day was celebrated at North Central Railway (NCR) headquarters on the theme 'One Earth, One Health'. The event began with the live telecast of the keynote address by Prime Minister Narendra Modi at Visakhapatnam. A yoga workshop was organised in the Badminton Hall at Subedarganj, Railgaon Complex, NCR headquarters under GM Upendra Joshi, who was the chief guest. Chief personnel officer, NCR, S Balachandra also graced the occasion. City hospital celebrates the occasion Nearly 200 staff members and students of Nazareth Hospital practised yoga on the hospital premises.
