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

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

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


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

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement