Construction on 7,000 acre of land for India Inc. has begun in UP

10 Apr 2023 CW Team

After receiving investment offers totaling close to Rs 34 trillion at the Uttar Pradesh Global Investors Summit (GIS) 2023, the state of Uttar Pradesh has begun the process of acquiring land for allotment to industry.

Mayur Maheshwari, Chief Executive Officer of UPSIDA, has sent letters to all district magistrates requesting details on "gram sabha" land and the effective circle rate under their purview.

In addition to national and state roadways, the gram sabha property would be purchased nearby motorways for the development of greenfield industrial centres.

In Phase I, the UP State Industrial Development Authority (UPSIDA) plans to add 7,000 acre to its existing 15,000 acre of land inventory. The total amount of land suitable for industrial use would then be 22,000 acre.

In the meantime, the authority has encouraged the state government to provide land for new allotment that is currently held by ailing state and semi-state government industrial entities, including spinning mills. The process of auctioning off the available land to individual investors has already begun by UPSIDA.

To accommodate the more than 19,000 GIS projects, the state is expected to need 30,000 acre of land.

Also read:
Master Plan Road worth Rs. 6.3 crore ready for inauguration
Chilla Elevated Road in Delhi Receives Rs 801 Cr Budget Clearance

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..