Targetting to become a $trillion economy by 2027, Uttar Pradesh is dexterously building a robust inventory of industrial land.
So far, UP State Industrial Development Authority (UPSIDA) has created a land bank of almost 25,000 acres.
UPSIDA is increasing its inventory through regular land audits and expanding into untapped areas.
Last year, more than 1,470 acres were allocated in Lalitpur district for a bulk drug park, which will pitch UP as a leading pharmaceutical, generic medicines and medical devices hub in South Asia.
Per UPSIDA CEO Mayur Maheshwari, land acquisitions were undertaken in Hathras, Hardoi, Prayagraj, Lucknow, Pratapgarh, Rae Bareli, Barabanki and Chitrakoot.
Meanwhile, the Authority has built women-centric facilities under Atal Industrial Infrastructure Mission (AIIM) and Safe Industrial Area Projects to boost female participation and employment in industrial parks.
The Yogi Adityanath government 2.0 is looking to double the MSME exports to Rs 3 trillion.
MSMEs contribute 60 percent to UP’s annual industrial output, thus forming the backbone of the ‘Make in UP’ agenda, and feeding the growth of other sectors.