UP bullish on highways sectorUP CM Yogi Adityanath

Virendra Singh Rawat

Uttar Pradesh is planning to launch a comprehensive audit and survey across the state development authorities to unlock industrial land parcels.

It will span Noida, Greater Noida, Yamuna Expressway Industrial Development Authority (YEIDA), UP State Industrial Development Authority (UPSIDA), UP Expressways Industrial Development Authority (UPEIDA), Gorakhpur Industrial Development Authority (GIDA) and Satharia Industrial Development Authority (SIDA).

‘Invest UP’ will anchor the exercise for optimising land parcels, and redeploying land of defunct plants to fresh investors.

It is part of the Yogi Adityanath government’s $trillion economy goal by increasing the industrial land bank for domestic and global investors.

The proposed survey will optimise assets by identifying idle land, mapping functional industries and demarcating defunct plants.

It will help in determining the chunks of unutilised land with defunct entities which could be redeployed for fresh allotment.

Currently, UP has a ready land bank of about 54,000 acres, and now the government is seeking fresh acquisition of 96,000 acres to achieve its target of total 150,000 acres in the next 2-3 years.

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