The Economic Times, 25 July 2014, New Delhi: Uttar Pradesh government will develop industrial zones of 5km radius at 43 stations of Eastern Dedicated Freight Corridor.
On the event, CII Invest North 2014 held here yesterday delegates from the state spoke on potential areas and development to attract investment from various industries such as Automotive, IT and Leather industry.
Sanjiv Saran, Principal Secretary – Infrastructure and Industrial Development, Government of UP, asserted that the state with a growth rate of 7 per cent GDP account for the highest share of consumer expenditure.
Speaking about the major projects in the state, Saran, said, “The Lucknow-Agra Expressway with an investment of Rs20,000 crore, will be one of the finest project in the state once completed and will boost the connectivity in the state.” He also highlighted the tremendous opportunities that UP offers because of its strong agrarian background, huge local market, a well spread and diverse industrial base and abundant skilled manpower.
He also stressed the resolve of the UP government in making state power surplus by 2017 through addition of another 13000 MW to its existing capacity of 10,000MW, earmarking 75000 hectares of land for Industrial use along the proposed Eastern freight Corridor and setting up of a FAB plant with an investment of Rs 100,000 crores near Noida.
Manoj Singh, Managing Director, UPSIDC in his remarks shared an array of sector specific projects which are being developed in the state under the aegis of UPSIDC.
The prominent ones which according to Singh will have a game changing effect on the industrial landscape of UP are a Plastic City near Auriya, set to be inaugurated in September, Trans Ganga project, Tronica City in Ghaziabad, Kanpur-Unnao modern Industrial Project and Mega leather cluster in Kanpur.
Emphasizing on the opportunities expected to usher with the commissioning of Delhi-Mumbai Industrial corridor and Eastern Dedicated Freight Corridor, 60% of which will pass through UP. Singh shared that 2800 hectares of land along DMIC and area within 5Kms radius of each of the 43 stations EDFC will be developed as Industrial zones.