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UP to sign MoUs worth over Rs 15,000 cr

The MoUs would be signed under the auspices of UP State Industrial Development Corporation

Virendra Singh Rawat Lucknow
In a significant development, Uttar Pradesh government would sign memorandum of understanding (MoU) for 8 big projects estimated at Rs 15,765 crore here tomorrow.

The MoUs would be signed under the auspices of UP State Industrial Development Corporation (UPSIDC) and the projects are expected to generate employment opportunities for 29,000 people.

The ceremony would be held in the presence of UP chief minister Akhilesh Yadav at his official residence.

The new Infrastructure and Industrial Development Policy 2012 has secured the attention of several big investors like THDC India, ACC, Amrapali Power & Cement, Shri Cement, Jagdishpur Paper Mill, Vardaan Industries, Amul (Dairy) and Central Institute of Plastic Engineering and Technology (CIPET).
 

According to the government, these investors had submitted their investment proposal some time back.

Meanwhile, Yadav would inaugurate single window web portal of Udyog Bandhu to simply processes and facilitate investors set up industries.

For ensuring speedy industrial development, Yadav had already identified different policies and programmes in agriculture, industry and infrastructure development, PWD, electricity, education, health, social security, rural development, irrigation, urban development, labour, transparent and effective administration.

Yadav is also keen for improvement in power sector and development of industrial enclaves under Delhi-Mumbai Industrial Corridor Project.

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First Published: Dec 13 2013 | 6:07 PM IST

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