Tag: UPSIDA

IndustryLatest Stories

UP: UPSIDA Greenlights 8 New Warehousing, Logistics Projects

Representative AI image LUCKNOW: The Uttar Pradesh State Industrial Development Authority (UPSIDA) has given the green light to eight new projects in the warehousing and logistics sector, with a total investment of approximately Rs 800 crore, as stated by an official spokesperson on Monday. “These approvals, under the Uttar Pradesh Warehousing and Logistics Policy-2022, demonstrate increasing investor confidence in the sector, fueled by incentives, financial aid, and tax exemptions for establishing logistics and storage facilities on private land,” the spokesperson mentioned. The newly approved projects comprise five silos, two warehousing units, and one logistics project, which will be situated in…

CommercialLatest Stories

Uttar Pradesh Mega E-Auction for Commercial Plots

Representative AI image KANPUR: The Uttar Pradesh State Industrial Development Authority (UPSIDA) is pivotal in achieving the state’s goal of becoming a USD 1 trillion economy. Led by Chief Minister Yogi Adityanath, UPSIDA is committed to boosting industrialization by creating a conducive environment for investors. This includes rapid development of industrial zones, high-quality infrastructure, transparent e-auction plot allocations, and modern warehousing and commercial facilities. In line with this initiative, UPSIDA is hosting a Mega E-Auction of commercial and industrial plots in various industrial areas, including Mathura, Amethi, Sambhal, Jhansi, Jalaun, Shahjahanpur, Hamirpur, Lucknow, Hapur, Gautam Buddh Nagar, and Fatehpur. Additionally,…

IndustryLatest Stories

Ghaziabad: UPSIDA Allocates 200+ Long-Idle Industrial Plots

Here’s a rewritten version of your content: Representative image created by AI GHAZIABAD: In the Sahibabad Industrial Area, 211 plots of varying sizes have been underutilized. According to Pradeep Satyarthi, regional manager of the Uttar Pradesh State Industrial Development Authority (UPSIDA), these plots have been subdivided and reallocated for new industries. A new policy allows owners of struggling industries to sell 75% of their land by breaking it into smaller plots of at least 4,000 sqm, while retaining 25% for continued operations. The subdivided parcels are sold in three price categories: Rs 16,960/sqm, Rs 18,930/sqm, and Rs 25,780/sqm. In Sahibabad…