Uttar Pradesh minister Satish Mahana here on Monday claimed that the state was heading towards an industrial revolution with huge investment proposals in the pipeline.
The UP Industrial Development Minister said the state government had signed MoUs to the tune of Rs 4.28 lakh crore with private firms.
In Kosikalan of Mathura district, infrastructure was being developed after land was transferred to Pepsico to start a factory, which was likely to commence operations by October this year, he said.
Mahana said with the collaboration of Finland and Sweden, an advanced paper technology industry was being set up in Kosikalan.
He said a food processing unit would also be set up, which would directly benefit farmers and open new avenues of employment for the youth.
Terming the Jewar airport as the biggest investment in the state, the minister said about 1 lakh crore would be spent in the next five years on it.
The minister said the construction of roads would help in giving a boost to the development of the state.
"Starting from Meerut and terminating in Varanasi, the Ganga Expressway covering a distance of 700 km will be the biggest expressway of the country," he said.
The minister said as the Purvanchal Expressway will be thrown open to the public this year, the journey between Mathura and Ballia will be cut short to just eight hours.
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