+
UPSIDA Approves Eight Warehousing Projects With Rs Eight Bn
WAREHOUSING & LOGISTICS

UPSIDA Approves Eight Warehousing Projects With Rs Eight Bn

The Uttar Pradesh State Industrial Development Authority (UPSIDA) approved eight new warehousing and logistics projects with a proposed investment of about Rs eight bn, reinforcing the state government's drive to strengthen supply chain infrastructure. The approvals form part of efforts to accelerate industrial and agricultural logistics and to position Uttar Pradesh as a one tn dollar economy. Officials said the clearances reflect rising investor confidence and a willingness among private developers to expand storage and distribution capacity, which should improve goods movement and reduce bottlenecks.

The projects were sanctioned under the Uttar Pradesh Warehousing and Logistics Policy-2022, which offers incentives, financial assistance and tax benefits to attract private investment in storage and transport infrastructure. Officials described the policy as a key driver in mobilising capital and facilitating modern facilities for agricultural and industrial needs. The incentives are intended to lower transaction costs, encourage investment and speed up project implementation.

The newly cleared projects comprise five silos, two warehousing units and one logistics project to be developed across Unnao, Auraiya, Balrampur, Shravasti, Sultanpur, Lucknow, Gautam Buddha Nagar and Hapur, covering approximately 110 acres. The capacity additions are expected to boost safe storage for food grains, reduce post-harvest losses and enhance supply chain resilience for farmers and processors. Development of modern distribution centres and cold chains is intended to support greater market access and fresher supply for consumers.

With these approvals UPSIDA has now cleared a total of 61 projects under the Warehousing and Logistics Policy-2022 and the PIP policy, spread over nearly 810 acres and representing a cumulative proposed investment of more than Rs 129 bn. Officials said the pipeline will facilitate multi-modal logistics hubs, warehouse clusters and improved last-mile connectivity across regions. The expansion is expected to generate substantial employment opportunities and attract ancillary services linked to storage and distribution while parallel efforts to improve ease of doing business aim to sustain investor interest and accelerate project execution.

The Uttar Pradesh State Industrial Development Authority (UPSIDA) approved eight new warehousing and logistics projects with a proposed investment of about Rs eight bn, reinforcing the state government's drive to strengthen supply chain infrastructure. The approvals form part of efforts to accelerate industrial and agricultural logistics and to position Uttar Pradesh as a one tn dollar economy. Officials said the clearances reflect rising investor confidence and a willingness among private developers to expand storage and distribution capacity, which should improve goods movement and reduce bottlenecks. The projects were sanctioned under the Uttar Pradesh Warehousing and Logistics Policy-2022, which offers incentives, financial assistance and tax benefits to attract private investment in storage and transport infrastructure. Officials described the policy as a key driver in mobilising capital and facilitating modern facilities for agricultural and industrial needs. The incentives are intended to lower transaction costs, encourage investment and speed up project implementation. The newly cleared projects comprise five silos, two warehousing units and one logistics project to be developed across Unnao, Auraiya, Balrampur, Shravasti, Sultanpur, Lucknow, Gautam Buddha Nagar and Hapur, covering approximately 110 acres. The capacity additions are expected to boost safe storage for food grains, reduce post-harvest losses and enhance supply chain resilience for farmers and processors. Development of modern distribution centres and cold chains is intended to support greater market access and fresher supply for consumers. With these approvals UPSIDA has now cleared a total of 61 projects under the Warehousing and Logistics Policy-2022 and the PIP policy, spread over nearly 810 acres and representing a cumulative proposed investment of more than Rs 129 bn. Officials said the pipeline will facilitate multi-modal logistics hubs, warehouse clusters and improved last-mile connectivity across regions. The expansion is expected to generate substantial employment opportunities and attract ancillary services linked to storage and distribution while parallel efforts to improve ease of doing business aim to sustain investor interest and accelerate project execution.

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code