In a significant move aimed at fostering industrial development in the eastern region of Uttar Pradesh, Chief Minister Yogi Adityanath handed over allotment letters for 102 plots in the Gorakhpur Industrial Development Authority (GIDA) to 97 entrepreneurs. This initiative marks a vital step towards providing employment opportunities and bolstering investment in the state.
Foundation Stones Laid, Development Worth Rs 136 Crore Inaugurated
In addition to the plot allotment, Chief Minister Yogi Adityanath also laid the foundation stone and inaugurated development projects worth a staggering Rs 136 crore. This multifaceted approach demonstrates the state government’s commitment to enhancing the industrial landscape of Purvanchal.
Boosting Local Manufacturing: Inauguration of a Plastic Pipe Factory
During this momentous occasion, the Chief Minister inaugurated a state-of-the-art plastic pipe factory, constructed with an investment of Rs 110 crore, in GIDA, Gorakhpur. This new addition to the industrial landscape not only promotes local manufacturing but also contributes to economic growth in the region.
Speaking at the event, Chief Minister Yogi Adityanath assured entrepreneurs and investors of a secure environment with top-notch facilities in Uttar Pradesh. He emphasized that the state government is dedicated to addressing any issues concerning security and governance facilities promptly.
Digital Initiatives for Investor Convenience
To streamline the investment process, the government has introduced digital platforms like Nivesh Mitra and Nivesh Sarathi, simplifying interactions between investors and the government. Moreover, the government is offering incentives to investors without unnecessary hindrances, facilitating a smooth investment experience.
Impressive Investment Proposals
Highlighting the success of the Global Investors Summit held between February 10 and 12, 2023, the Chief Minister revealed that Uttar Pradesh had received investment proposals totaling a staggering Rs 36 lakh crore. Gorakhpur, in particular, attracted proposals worth approximately Rs 2.25 lakh crore. These proposals have the potential to create job opportunities for one crore youth if implemented.
The Chief Minister acknowledged the efforts of the GIDA administration in enhancing infrastructure facilities for industries. Programs aimed at improving roads, drainage, and street lighting are underway to ensure that industries have access to excellent infrastructure.
A Bright Future for Eastern Uttar Pradesh
Yogi Adityanath highlighted the extensive expansion of GIDA, taking it from Sahjanwa to Dhuriapar. Plans are in motion to allocate more than 5,000 acres for industrial development in Dhuriapar, providing employment opportunities for the youth of Eastern Uttar Pradesh.
Investment’s Impact on Employment
The allocation of 102 plots in GIDA is expected to result in investments totaling approximately Rs 900 crore. Once these investments are realized, an estimated 4500 people will find employment, further bolstering the region’s economic prospects.