UP to Set Up 15 MSME Industrial Zones in 11 Districts
ECONOMY & POLICY

UP to Set Up 15 MSME Industrial Zones in 11 Districts

The Uttar Pradesh government has unveiled plans to develop 15 dedicated industrial zones for Micro, Small and Medium Enterprises (MSMEs) across 11 districts. The initiative aligns with the state’s broader vision of achieving a one trillion-dollar economy.

As per the draft blueprint prepared by the state MSME department, the proposed industrial estates will cover 764.31 acres and feature 872 industrial plots for investors and entrepreneurs.

To support the project, the state has launched a comprehensive campaign to build a robust land bank, with land acquisition and allotment already in progress across the identified districts.

The Yamuna Expressway Industrial Development Authority (YEIDA) has reserved 500 acres for MSME units in its upcoming development zones. Additionally, YEIDA is investing Rs 1.25 billion in a Flatted Factory Complex at Sector 28, Gautam Buddha Nagar, Greater Noida. The multi-storey facility, spread across 38,665 square metres, is designed to cater to modern industrial needs.

Construction of the complex will begin soon, following finalisation of master planning and technical assessments. Completion is expected within 24 months.

This multi-pronged development strategy underscores the state's commitment to bolstering the MSME sector by improving infrastructure, enhancing ease of doing business, and positioning Uttar Pradesh as a key manufacturing hub.


News source: KNN India

The Uttar Pradesh government has unveiled plans to develop 15 dedicated industrial zones for Micro, Small and Medium Enterprises (MSMEs) across 11 districts. The initiative aligns with the state’s broader vision of achieving a one trillion-dollar economy.As per the draft blueprint prepared by the state MSME department, the proposed industrial estates will cover 764.31 acres and feature 872 industrial plots for investors and entrepreneurs.To support the project, the state has launched a comprehensive campaign to build a robust land bank, with land acquisition and allotment already in progress across the identified districts.The Yamuna Expressway Industrial Development Authority (YEIDA) has reserved 500 acres for MSME units in its upcoming development zones. Additionally, YEIDA is investing Rs 1.25 billion in a Flatted Factory Complex at Sector 28, Gautam Buddha Nagar, Greater Noida. The multi-storey facility, spread across 38,665 square metres, is designed to cater to modern industrial needs.Construction of the complex will begin soon, following finalisation of master planning and technical assessments. Completion is expected within 24 months.This multi-pronged development strategy underscores the state's commitment to bolstering the MSME sector by improving infrastructure, enhancing ease of doing business, and positioning Uttar Pradesh as a key manufacturing hub.News source: KNN India

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