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The Uttar Pradesh State Industrial Development Authority (UPSIDA) has allotted 113 plots-88 industrial, 2 commercial, and 23 via Nivesh Mitra-across key zones, aiming to attract INR 700 crore in investment and generate 4,800 jobs. Prime locations include Greater Noida, Kosi Kotwan, Varanasi, Unnao, Hapur, and Saharanpur. Notable allocations: Param Industries secured a warehousing plot for INR 36 crore; Shri Vinayak Group won a commercial plot for INR 31 crore; Evertouch Bioremedies will establish a pharma unit. UPSIDA CEO Mayur Maheshwari highlighted that digital, transparent allotments have boosted investor confidence. The move aligns with Uttar Pradesh's vision to become a USD 1 trillion economy, fostering industrial growth, regional parity, and sectoral diversification. More plots will soon be released as UPSIDA advances its industrial infrastructure agenda, positioning the state as a top investment hub.
In an effort to expedite the state's industrial development, the Uttar Pradesh State Industrial Development Authority (UPSIDA) distributed 113 plots to various commercial and industrial organizations earlier this week in a massive plot distribution. The initiative is projected to drive investments totalling INR 700 crore and is anticipated to create employment for approximately 4,800 people. Advertisement
Under this allotment, UPSIDA allocated 88 industrial plots and two commercial plots in prime industrial zones including Kosi Kotwan, Jalaun, Bhogaon in Mainpuri, Malwan in Fatehpur, Shahjahanpur, Pilkhani in Saharanpur, Ramnagar-2 in Chandauli, Karkhiyaon in Varanasi, IIDC Banther in Unnao, MG Road in Hapur, and Site-C Surajpur in Greater Noida. Additionally, 23 industrial plots were allotted through the Nivesh Mitra portal, an initiative designed to promote transparent and streamlined e-governance in industrial plot distribution.
Param Industries Limited secured a significant plot to establish a warehousing facility by placing the highest bid of INR 36 crore. Similarly, the Shri Vinayak Group was allotted a commercial plot intended for a sector shopping complex, with a bid exceeding INR 31 crore. The pharmaceutical sector too saw activity, with Evertouch Bioremedies expressing plans to set up a manufacturing unit, underscoring the state's attractiveness for healthcare-related industries.
Mayur Maheshwari, Chief Executive Officer of UPSIDA, stated that the response from entrepreneurs and investors had been extremely positive. He remarked that the digital and transparent process adopted for allotments had enhanced investor trust, while also allowing for faster delivery of infrastructure and possession timelines. He also conveyed that UPSIDA remained committed to intensifying industrial infrastructure development across the state and indicated that additional land parcels would be made available for allotment in the near future.
This latest plot distribution reflects UPSIDA's ongoing efforts to position Uttar Pradesh as a preferred investment destination, echoing the state government's broader ambition of becoming a USD 1 trillion economy.
The balanced allocation across diverse districts not only promotes regional parity but also stimulates sectoral diversification, from warehousing and logistics to pharmaceuticals. This forward-thinking approach, backed by transparent mechanisms and strong administrative will, is steadily transforming Uttar Pradesh into a magnet for domestic and global investors alike. As the state continues to execute its ambitious industrial strategies, UPSIDA's initiatives remain central to shaping an empowered and future-ready economic landscape.
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