UPSIDA Approves Eight Logistics And Warehousing Projects
WAREHOUSING & LOGISTICS

UPSIDA Approves Eight Logistics And Warehousing Projects

The Uttar Pradesh State Industrial Development Authority has approved eight new logistics and warehousing projects with an estimated investment of Rs eight billion (Rs 8 bn). Under the Uttar Pradesh Warehousing and Logistics Policy-2022, investors are being encouraged to set up logistics and storage units on private land through incentives, financial assistance and tax exemptions, the authority said in a statement. The approvals form part of a broader effort to modernise state infrastructure and attract private sector participation and operational expertise.

The newly approved projects include five silos, two warehousing units and one logistics project to be established in districts such as Unnao, Auraiya, Balrampur, Shravasti, Sultanpur, Lucknow, Gautam Buddha Nagar and Hapur. These projects will be developed on nearly 110 acres of land, strengthening the state’s agricultural and industrial supply chain, the authority added. The silos and modern storage units are expected to improve handling and reduce post harvest losses for key crops.

With this approval UPSIDA has now cleared a total of 61 projects under the Warehousing and Logistics Policy-2022 and the Program Implementation Plan policy, which will be developed over nearly 810 acres with a proposed investment exceeding Rs 129 billion (Rs 129 bn). They are expected to enhance safe storage capacity for foodgrains, provide better storage and logistics facilities to farmers and accelerate the development of multi modal logistics hubs, warehouse clusters and modern distribution centres, the authority noted. The planned hubs aim to integrate different elements of the supply chain to improve connectivity and operational efficiency.

Officials indicated the policy framework and fiscal incentives are intended to promote private investment in modern storage and distribution infrastructure and to improve market access for producers. The projects are intended to improve food security, reduce post harvest losses and support the growth of integrated transport and distribution networks across the state, strengthening resilience and efficiency in supply chains. The measures are also expected to support rural livelihoods by facilitating better prices and timely market linkage over time.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Uttar Pradesh State Industrial Development Authority has approved eight new logistics and warehousing projects with an estimated investment of Rs eight billion (Rs 8 bn). Under the Uttar Pradesh Warehousing and Logistics Policy-2022, investors are being encouraged to set up logistics and storage units on private land through incentives, financial assistance and tax exemptions, the authority said in a statement. The approvals form part of a broader effort to modernise state infrastructure and attract private sector participation and operational expertise. The newly approved projects include five silos, two warehousing units and one logistics project to be established in districts such as Unnao, Auraiya, Balrampur, Shravasti, Sultanpur, Lucknow, Gautam Buddha Nagar and Hapur. These projects will be developed on nearly 110 acres of land, strengthening the state’s agricultural and industrial supply chain, the authority added. The silos and modern storage units are expected to improve handling and reduce post harvest losses for key crops. With this approval UPSIDA has now cleared a total of 61 projects under the Warehousing and Logistics Policy-2022 and the Program Implementation Plan policy, which will be developed over nearly 810 acres with a proposed investment exceeding Rs 129 billion (Rs 129 bn). They are expected to enhance safe storage capacity for foodgrains, provide better storage and logistics facilities to farmers and accelerate the development of multi modal logistics hubs, warehouse clusters and modern distribution centres, the authority noted. The planned hubs aim to integrate different elements of the supply chain to improve connectivity and operational efficiency. Officials indicated the policy framework and fiscal incentives are intended to promote private investment in modern storage and distribution infrastructure and to improve market access for producers. The projects are intended to improve food security, reduce post harvest losses and support the growth of integrated transport and distribution networks across the state, strengthening resilience and efficiency in supply chains. The measures are also expected to support rural livelihoods by facilitating better prices and timely market linkage over time.

Next Story
Infrastructure Urban

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..

Next Story
Infrastructure Transport

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..

Next Story
Infrastructure Transport

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..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement