Rs 11,000-crore investments lined up to create industrial hubs in UP

Meanwhile, UPSIDA has created an industrial land pool of more than 12,000 acres to facilitate faster allotment to private companies

Tier-II and -III towns in Uttar Pradesh have garnered investments of more than Rs 11,000 crore in the past two years for a gamut of projects, signaling the emergence of new industrial hubs.

While the state government has been upgrading infra in smaller centres as well as mofussil towns, the private sector is exploring investment opportunities beyond the established industrial hubs owing to cheaper land rates and additional sops. 

According to officials, while investment to the tune of Rs 7,000 crore has been made in different industrial projects in smaller towns, the UP State Industrial Development Authority (UPSIDA) enclaves have witnessed investment