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For speedier industrial development and to tide over the scarcity of suitable land to set up units, the Uttar Pradesh government has ramped up its industrial land bank across the state.
The state-owned Uttar Pradesh State Industrial Development Corporation (UPSIDC) has amassed industrial land bank of about 12,120 acres, owing to acquisitions especially during the past two years.
Ready industrial land bank not only increases the confidence of industry for expansion, it allows the extra elbow room to the state government for attracting investment.
Chief Secretary Alok Ranjan said the land bank of UPSIDC was now bigger than Greater Noida, Noida and other development authorities in the state.
Besides, UPSIDC has been entrusted with the task of acquiring additional 400 acres and 40 acres of land in Rania (Kanpur Dehat district) and Sandila (Hardoi), respectively, for Container Corporation of India and the container depot on their request for such allocation.
UPSIDC has been asked to take necessary steps on the request of Hindustan Petroleum for the allocation of 40 acres of land in Bahria (Bareilly).
Ranjan was chairing the 287th Board meeting of UPSIDC here recently. He said work had been speeded up in providing land to ACC Cement, Shri Cement and Amul’s projects in Kanpur and Lucknow. These companies have been directed to complete their projects by next year and start their units.
UPSIDC Managing Director Manoj Singh said Tehri Hydro Development Corporation (THDC) was upgrading its 1,300-megawatt (Mw) power plant to 1,900 Mw in Khurja (Bulandshahr).
