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UPSIDA Launches Mega E-Auction of 84 Industrial Plots in UP
The UP State Industrial Development Authority (UPSIDA) has embarked on a significant endeavor with the initiation of a mega e-auction featuring 84 industrial plots, as announced by an official spokesperson on Saturday.
This initiative builds upon UPSIDA’s prior successful auction on Dec 29, 2023, which set the stage for the auctioning of 106 industrial, 13 commercials, and 16 built-up hall-flatted factory plots.
Spanning various key districts including Unnao Trans Ganga City, Kanpur, Prayagraj, Lucknow, Jhansi, Ayodhya, Agra, Hardoi, and Varanasi, the auction presents ..
UPSIDA to e-auction industrial plots in UP on Aug 10
The UP State Industrial Development Authority (UPSIDA) would be conducting another round of e-auction for industrial projects on August 10. It was mentioned that a total of 89 pieces of land for industrial projects, three for group housing society, one for a nursing home, and 10 rented halls in a flatted factory would be available in the e-auction.
The auction process was scheduled to take place through the State Bank of India (SBI) portal starting at 10 am on August 10. The base price for all the properties had already been determined, and the list of participants for the auction h..
UPSIDA set to implement Rs 400 bn investment proposals
The Uttar Pradesh State Industrial Development Authority (UPSIDA) announced on Friday its readiness to implement investment proposals amounting to Rs 400 billion during the first groundbreaking ceremony. Simultaneously, the process of finalising Memorandums of Understanding (MoUs) worth Rs 420 billion for the Ground Breaking Ceremony (GBC) is currently underway, according to a UPSIDA spokesperson.
The spokesperson further stated that the identified land for these investors will soon be made available to them. It is noteworthy that all departments have been assigned specific target..
TVS Motor Unveils Electric Two-Wheeler
TVS Motor Company, a leading two-wheeler manufacturer in India, has unveiled its latest addition to the electric vehicle segment with the launch of the TVS iQube Electric in Bengaluru. This move marks the company's foray into the burgeoning electric vehicle market, aligning with the global shift towards sustainable mobility solutions.
The TVS iQube Electric promises to redefine urban commuting with its advanced technology and eco-friendly features. Boasting a sleek design and compact structure, the electric scooter is tailored to meet the evolving needs of urban commuters, offering a s..
Chinese EV Giant Leapmotor Eyes Indian Market
Chinese electric vehicle (EV) manufacturer Leapmotor is poised to make a significant entry into the Indian market in the third quarter of the 2024-25 fiscal year. With India rapidly transitioning towards electric mobility, Leapmotor's arrival could mark a pivotal moment in the country's automotive industry.
Leapmotor's decision to venture into India underscores the growing appeal of the country as a lucrative market for EV manufacturers worldwide. As one of the world's largest automotive markets, India presents immense opportunities for companies looking to capitalise on the increasing..
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