Latest news with #UPSIDA
Indian Express
19 hours ago
- Business
- Indian Express
UPSIDA nod for industrial park in Saharanpur
As part of the Industrial Investment and Employment Promotion Policy-2022, a Rs 70 crore private industrial park in Saharanpur has been approved by the scrutiny committee, chaired by Uttar Pradesh State Industrial Development Authority (UPSIDA) CEO Mayur Maheshwari. The project would feature modern infrastructure including roads, power, water supply, and green zones, a statement issued on Wednesday said. The park will comprise 21 industrial plots, paving the way for the establishment of diverse industrial units. The project is expected to create direct and indirect employment for around 700 persons it said. UPSIDA CEO Mayur Maheshwari said, 'The Industrial Policy-2022 is providing new momentum to industrial growth through active private sector engagement. This project will not only strengthen local industries in Saharanpur, but also enhance Uttar Pradesh's appeal as an investment hub for surrounding regions. UPSIDA remains committed to ensuring a transparent, business-friendly, and employment-oriented environment.'
Hindustan Times
5 days ago
- Business
- Hindustan Times
Kanpur to get U.P's first footwear park
The Uttar Pradesh State Industrial Development Authority (UPSIDA) is setting up the state's first dedicated footwear park in Ramaipur, Kanpur, covering 131.69 acres. Aimed at supporting Micro, Small and Medium Enterprises (MSMEs), the ₹80 crore project will provide integrated infrastructure under a Plug & Play model. In the first phase, 75 industrial plots have been planned, of which 26 plots are now available for allotment through the state's single-window portal, Nivesh Mitra. The allotment rate is set at ₹4,600 per square metre, officials informed on Saturday. UPSIDA CEO Mayur Maheshwari said, 'The proposed footwear park in Kanpur will not only boost regional industrial development but also generate thousands of employment opportunities.' As part of the application process, investors are required to deposit 5% of the land cost at the time of submission. An additional 20% is to be paid within 60 days of the allotment letter. The remaining 75% of the land cost can be paid in equal instalments over three years, with an annual interest rate of 10%. To encourage early investment, UPSIDA is offering a 2% rebate on land costs for those who complete full payment within 60 days. Anchor units investing in the park are also eligible for a 10% special rebate, officials said. The industrial park will follow a Plug & Play model, offering plots equipped with essential infrastructure such as electricity, water, and roads. This will enable investors to begin production at a faster pace while reducing setup time and operational delays.
Time of India
6 days ago
- Business
- Time of India
Lottery for Anant Nagar Scheme plots on June 10
Lucknow: The lottery for 334 plots under the Anant Nagar Scheme on Mohan Road is scheduled for June 10 at Indira Gandhi Pratishthan. Out of 13,031 applicants who registered online for the plots, the lucky winners will be announced in a transparent draw conducted in the presence of the applicants. Tired of too many ads? go ad free now District magistrate Vishakh G recently inspected the site and reviewed development progress. He directed the officials to widen the connecting road between the scheme and UPSIDA as well as Kisan Path. Currently, the road is 7 to 10 metres wide, and instructions have been given to develop it into a 24-metre-wide road. The administration will assist in obtaining necessary approvals from concerned departments. According to Lucknow Development Authority (LDA) vice chairman Pratamesh Kumar, the Anant Nagar Residential Scheme is being developed over 785 acres and is expected to accommodate approximately 1.5 lakh residents. The plan includes about 2,100 residential and 120 commercial plots. It will also feature 60 group housing plots with over 10,000 flats, along with around 5,000 buildings under EWS and LIG categories, benefiting over 25,000 people. Housing will also be developed under the . The township is being designed following a grid pattern with wide roads and underground power cables. An Edutech City is also planned over 100 acres, with hostels and residential buildings for about 10,000 students, teachers, and faculty members. Approximately 130 acres will be developed as parks and green spaces. The scheme also includes provisions for solid waste management and is expected to be the city's first zero liquid discharge residential project. Regarding land acquisition, the DM instructed that compensation for affected farmers be expedited. It was informed that the compensation amount was transferred to the ADM (Land Acquisition), but some landowners are yet to complete the required forms. The SDM of Sarojininagar has been directed to ensure that revenue staff assist farmers at the site office in completing these forms. Online registration for the 334 plots was open from April 4 to May 5. All the applicants will be notified about the lottery and those who need to correct errors in their application forms will be given time until June 4.
Time of India
6 days ago
- Business
- Time of India
UPSIDA executes 113 mega plot allotments in May
Lucknow: UP State Industrial Development Authority CEO Mayur Maheshwari on Friday said UPSIDA was steadily strengthening and modernising the state's industrial infrastructure to drive Uttar Pradesh towards the goal of becoming a $1 trillion economy. "In line with this vision, UPSIDA executed a mega allotment scheme in May, successfully allotting 113 plots that are expected to attract investments worth ₹700 crore and generate employment opportunities for about 4,800 individuals," he said. As part of this, UPSIDA allotted 88 industrial plots and two commercial properties across various industrial areas in the state. Additionally, 23 industrial plots were allotted through the Nivesh Mitra portal. Among the 113 allotted plots, several industrial areas attracted interest, including Kosi Kotwan, Jalaun, Bhogaon (Mainpuri), Malwan (Fatehpur), Shahjahanpur, Pilkhani (Saharanpur), Ramnagar-2 (Chandauli), Karkhiyaon (Varanasi), IIDC Banther (Unnao), MG Road (Hapur), and Site-C Surajpur (Greater Noida). Additionally, two commercial properties were successfully sold — one warehouse in Sikandrabad (Bulandshahr) and a shopping complex at Site-C in Greater Noida. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Rachyntsi: Scholarships You Can Apply For (Start Now) College Scholarship | Google Search Search Now Undo Maheshwari said: "The enthusiasm shown by entrepreneurs and industrialists indicates that the state has become a trusted hub for investment. Our transparent, tech-enabled allotment process is not only attracting investors but also ensuring timely possession and delivery of infrastructure facilities. UPSIDA remains committed to accelerating industrial infrastructure development and will soon make more plots available— further strengthening the prospects of a New Uttar Pradesh. " Listing out highlights of the mega allotment, he said: "Param Industries Limited acquired land for a warehousing project through the highest bid of Rs 36 crore. Likewise, Shri Vinayak Group secured land for a sector shopping complex by placing a bid exceeding Rs 31 crore." He added that the pharmaceutical sector also saw investment interest, with Evertouch Bioremedies proposing the setting up of a manufacturing unit. He added that several new industrial units will be established as a result of the allotments. In Unnao, Hans Energy, Dhara Tools and Servocon Systems will set up auto parts manufacturing units. In Pilibhit, Ganpati Electricals will establish a moulding unit. In Jhansi, Om Illumination will launch a hardware unit. In Lalitpur, Bhaderiya Pharma will set up a bulk drug manufacturing unit.
Time of India
24-05-2025
- Business
- Time of India
Naini industrial area entrepreneurs to benefit from new door to door garbage collection service
Prayagraj: The entrepreneurs of Naini Industrial Area will no longer have to worry about garbage disposal. Uttar Pradesh State Industrial Development Authority (UPSIDA) will now collect garbage from the factories of Naini Industrial Area through door-to-door garbage collection. UPSIDA will not charge entrepreneurs a higher fee but will only charge a maintenance fee of Rs 1 per square metre per year. Until now, the entrepreneurs themselves disposed of the waste from the factories. To solve the problems of entrepreneurs and provide them with maximum facilities, a Samadhan Diwas and Samvad programme was organised with the entrepreneurs of Prayagraj division in Naini Industrial Area on May 2 under the chairmanship of Uttar Pradesh govt's industrial development minister, Nand Gopal Gupta Nandi. The entrepreneurs demanded improvements in electricity, water, cleanliness and other basic facilities in Prayagraj industrial area. Minister Nandi assured the entrepreneurs of these improvements. UPSIDA previously charged Rs 20 per square metre per year from the entrepreneurs of Naini industrial area as a maintenance fee, which did not include garbage disposal. The entrepreneurs had to remove garbage from their enterprises themselves, incurring additional costs. To address this issue, UPSIDA has now decided to dispose of the garbage by conducting door-to-door garbage collection from the factories established in Naini industrial area. The pre-determined maintenance fee of Rs 20 has been increased by just one rupee, making the maintenance fee Rs 21. Now, the entrepreneurs have resolved the problem of garbage disposal at a fee of just one rupee per square metre per year. President of Eastern Chamber of Commerce, Vinay Kumar Tandon, said that the entrepreneurs will benefit from this facility provided by UPSIDA.
