UP Government Allocates Rs 7,000 Crore For Expressway-Linked Industrial Corridors – News18

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UP Government Allocates Rs 7,000 Crore For Expressway-Linked Industrial Corridors – News18


Curated By: Business Desk

Last Updated: November 21, 2023, 12:44 IST

More than 30 sites have been pinpointed along the five expressways.

More than 30 websites have been pinpointed alongside the 5 expressways.

An estimated price range of Rs 7,000 crore has been allotted for the event of those corridors.

Uttar Pradesh, beneath the management of Chief Minister Yogi Adityanath, has launched into an formidable plan to foster industrial improvement by introducing strategic corridors alongside 5 new expressways. The Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) has detailed plans to determine industrial hubs alongside key expressways, particularly the Agra-Lucknow Expressway, Purvanchal Expressway, Gorakhpur Link Expressway, Bundelkhand Expressway, and Ganga Expressway.

During a current excessive-degree assembly, UPEIDA unveiled the great plan, allocating an estimated price range of Rs 7,000 crore for the event of those industrial corridors. The initiative covers greater than 30 websites alongside the 5 expressways, encompassing an unlimited space exceeding 5,800 hectares.

The Ganga Expressway, connecting 12 districts, is about to have 11 strategically chosen websites for industrial hall improvement, overlaying an expansive complete space of 1,522 hectares with an estimated price range of Rs 2,300 crore. Similarly, the Bundelkhand Expressway, linking seven districts, is deliberate for six recognized websites, sprawling throughout an space of 1,884 hectares, with an estimated expenditure of round Rs 1,500 crore.

The Agra-Lucknow Expressway, connecting 10 districts, will witness 5 designated websites for industrial hall improvement, spanning a complete space of 532 hectares, with an estimated funding of roughly Rs 650 crore. The Purvanchal Expressway, threading by 9 districts, is slated to have 5 designated websites overlaying an space of 1,586 hectares, with an estimated price range touching round Rs 2,300 crore. The Gorakhpur Link Expressway, connecting 4 districts, has two recognized websites for industrial hall improvement, spanning a complete space of 345 hectares, with a monetary outlay of Rs 320 crore.

The transfer aligns with the UP authorities’s strategic concentrate on industrialization and financial progress. Industrial centres are already being established alongside the Yamuna Expressway, that includes tasks like Noida International Airport, Film City, Toy Park, and Logistic Park.

This strategic initiative beneath Chief Minister Yogi Adityanath’s management is poised to remodel Uttar Pradesh right into a thriving industrial hub, fostering financial progress and creating employment alternatives. The allocation of considerable funds underscores the federal government’s dedication to infrastructure improvement, attracting investments, and enhancing the state’s financial panorama.



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