UP Govt Acquires 600 Acre in Gorakhpur for Industrial Township
Real Estate

UP Govt Acquires 600 Acre in Gorakhpur for Industrial Township

The Uttar Pradesh government has acquired 600 acre of land in Gorakhpur to boost industrial development and attract investments in the Purvanchal region. This area, a political stronghold of Chief Minister Yogi Adityanath, has been earmarked for the development of a modern industrial township under the Gorakhpur Industrial Development Authority (GIDA).

Named the ‘Dhuriyapar Industrial Township’ or ‘Greater Gida,’ the project aims to bridge the investment gap between Eastern and Western Uttar Pradesh. The township’s master plan has already received approval, and land allotment is expected to begin soon across two designated industrial sectors. GIDA has acquired land across 17 villages, with additional land acquisitions underway to expand the available inventory.

Several prominent companies, including the Adani Group, have shown interest in establishing units in the township. The Adani Group is reportedly exploring the possibility of setting up a cement factory under the ACC brand. Shree Cement and Keyaan Distillery have also requested land parcels for their greenfield projects in the area.

Plans are also underway to establish an electronic manufacturing cluster within the township. Once developed, the Dhuriyapar Industrial Township is expected to become one of the largest industrial land banks in Eastern UP. Its connectivity is set to improve with the recently inaugurated 91-kilometre Gorakhpur Link Expressway, enhancing the appeal of the upcoming industrial zone.

At the UP Global Investors Summit (GIS) held in February 2023, the state received investment proposals worth Rs 40 trillion. Preparations are now in progress to host the second edition of the GIS during the current financial year.

Among the major investors, SLMG Beverages, a Coca-Cola bottling partner, has proposed a phased investment of Rs 80 billion to expand its supply network. The company currently holds around 50 per cent market share in the state's beverage segment and operates seven bottling plants across both eastern and western UP.

The expansion of infrastructure, including expressways, airports, and proposed logistics and export hubs, has improved the state’s business environment, attracting growing interest from private investors. In addition to manufacturing, the government is also promoting service sectors like tourism and information technology to spur socioeconomic development and generate employment.

News source: Business Standard

The Uttar Pradesh government has acquired 600 acre of land in Gorakhpur to boost industrial development and attract investments in the Purvanchal region. This area, a political stronghold of Chief Minister Yogi Adityanath, has been earmarked for the development of a modern industrial township under the Gorakhpur Industrial Development Authority (GIDA).Named the ‘Dhuriyapar Industrial Township’ or ‘Greater Gida,’ the project aims to bridge the investment gap between Eastern and Western Uttar Pradesh. The township’s master plan has already received approval, and land allotment is expected to begin soon across two designated industrial sectors. GIDA has acquired land across 17 villages, with additional land acquisitions underway to expand the available inventory.Several prominent companies, including the Adani Group, have shown interest in establishing units in the township. The Adani Group is reportedly exploring the possibility of setting up a cement factory under the ACC brand. Shree Cement and Keyaan Distillery have also requested land parcels for their greenfield projects in the area.Plans are also underway to establish an electronic manufacturing cluster within the township. Once developed, the Dhuriyapar Industrial Township is expected to become one of the largest industrial land banks in Eastern UP. Its connectivity is set to improve with the recently inaugurated 91-kilometre Gorakhpur Link Expressway, enhancing the appeal of the upcoming industrial zone.At the UP Global Investors Summit (GIS) held in February 2023, the state received investment proposals worth Rs 40 trillion. Preparations are now in progress to host the second edition of the GIS during the current financial year.Among the major investors, SLMG Beverages, a Coca-Cola bottling partner, has proposed a phased investment of Rs 80 billion to expand its supply network. The company currently holds around 50 per cent market share in the state's beverage segment and operates seven bottling plants across both eastern and western UP.The expansion of infrastructure, including expressways, airports, and proposed logistics and export hubs, has improved the state’s business environment, attracting growing interest from private investors. In addition to manufacturing, the government is also promoting service sectors like tourism and information technology to spur socioeconomic development and generate employment.News source: Business Standard

Next Story
Infrastructure Energy

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

Next Story
Infrastructure Energy

ONGC Forms JV with MOL for Ethane Shipping Operations

Oil and Natural Gas Corporation (Oil and Natural Gas Corporation) has recently entered the ethane shipping segment through joint venture agreements with M/s Mitsui O.S.K. Lines Ltd (Mitsui O.S.K. Lines), Japan. The agreements involve equity participation in two joint venture entities—Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited—registered at GIFT City, Gandhinagar.Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of Rs 100 each in both entities, resulting in a 50 per cent equity holding in each joint venture, with the remaining stake ..

Next Story
Infrastructure Energy

Waaree Energy Storage Raises Rs 10.03 Billio for 20 GWh Plant

Waaree Energy Storage Solutions Private, a subsidiary of Waaree Energies, has recently completed a strategic fund raise of around Rs 10.03 billion from a group of strategic investors, including family offices, high-net-worth individuals and institutional backers. The funding strengthens the company’s position in India’s rapidly expanding energy storage ecosystem.The capital raise forms part of an announced capital expenditure programme of nearly Rs 100 billion for setting up a 20 GWh advanced lithium-ion cell and battery pack manufacturing facility. The plant will manufacture high-performa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App