According to a formal announcement, the Uttar Pradesh State Industrial Development Authority (UPSIDA) is getting ready to implement investment proposals worth 40,000 INR-crore. Land for projects has already been identified by investors, and it will be made available to them soon. 

The Proposals 

With 224 short-listed MoUs totaling more than 82,000 INR-crore, the UPSIDA has been given the investment target with the highest value of 1.60 lakh INR-crore. On the basis of the amount, the investment proposals were divided into five groups and submitted by 600 investors during the UP Global Investors Summit-2023. 

Effective review teams have been established to evaluate these MoUs in three stages, with a particular emphasis on prompt infrastructure development. To accommodate investor needs, land allocation is being done; so far, 199 investors have received land and facilities in 44 districts. 

Furthermore 

The most notable investments are 4,761 INR crore in Amethi across 30 units and 7,020 INR crore by four investors in Chandauli. There will be significant growth in industries like logistics and warehousing (41 investors), private industrial parks (32 investors), and food processing (28 investors). With 65 units that are ready for implementation and a total investment of 20,189 INR, Purvanchal is in the lead. Paschimanchal is next (70 units, 12,051 INR), followed by Madhyanchal (60 units, 5,200 INR), and Bundelkhand (4 units, 2,872 INR). 

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