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UTTAR PRADESH BOOSTS INDUSTRIAL LAND BANK TO 25,000 ACRES

The Business Guardian

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April 23, 2024

UPSIDA, the state nodal agency, has acquired 25,000 acres of land across 75 districts, facilitating specialized industrial clusters like the recent allocation in Lalitpur for a bulk drug park, as part of Uttar Pradesh's strategic industrial development agenda

UTTAR PRADESH BOOSTS INDUSTRIAL LAND BANK TO 25,000 ACRES

In a bid to accelerate Economic growth and foster industrial development, the Uttar Pradesh government has embarked on an ambitious journey to transform the state into a trillion-dollar economy by 2027. Anchored by a strategic land acquisition drive and innovative policy interventions, Uttar Pradesh aims to emerge as a leading hub for industries, particularly focusing on pharmaceuticals, generic medicines, and medical devices in South Asia.

The state nodal agency, UP State Industrial Development Authority (UPSIDA), has spearheaded the acquisition of 25,000 acres of land across 75 districts, setting the stage for prompt allotment to industries. Recent allocations in Lalitpur district for a bulk drug park highlight the state's commitment to fostering specialized industrial clusters.

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