UP Cabinet Approves Rs 15,189 Crore Investment for 12 Mega Industrial Units
UP Approves Rs 15,189 Cr Investment for 12 Industrial Units

In a major push for industrial growth, the Uttar Pradesh government has given its nod to a series of high-value investment proposals aimed at transforming the state's economic landscape. The state cabinet, in a meeting held on Monday, approved plans worth a staggering Rs 15,189.7 crore to establish a dozen mega and super-mega industrial units spread across nine districts.

Cabinet Greenlights Diverse Industrial Projects

The crucial decision was taken during a cabinet session presided over by Chief Minister Yogi Adityanath at his official residence in Lucknow. Following the approval, the state will soon issue Letters of Comfort (LoCs) to the concerned companies, as confirmed by Industrial Development Minister Nand Gopal Gupta 'Nandi'. This move is a significant step in the state's ambitious mission to position itself as a one trillion dollar economy.

The approved projects are slated to be set up in Mirzapur, Hardoi, Bulandshahr, Rae Bareli, Gautam Budh Nagar, Sonbhadra, Meerut, Muzaffarnagar, and Aligarh. This widespread geographical distribution is expected to spur balanced regional development and generate direct employment for thousands of people across Uttar Pradesh.

Key Projects and Their Locations

The cabinet clearance encompasses a diverse mix of industries, signaling broad-based industrial growth. Some of the prominent projects include:

  • Earthstar Ventures Pvt Ltd will establish an iron and steel plant in Mirzapur with an investment of Rs 549.26 crore.
  • Apollo Coated Products Pvt Ltd is set to build a cold rolling mill in Sikandrabad, Bulandshahr, at a cost of Rs 350 crore.
  • A snacks manufacturing unit by Haldiram Snacks Manufacturing Pvt Ltd will come up in Hardoi with an outlay of Rs 349.27 crore.
  • Shri Bhawani Paper Mills Ltd received approval for a Rs 305-crore paper mill in Rae Bareli.
  • In the tech sector, Dreamtech Electronics India Pvt Ltd will invest Rs 414.88 crore to set up a printed circuit board (PCB) manufacturing unit in Greater Noida, Gautam Budh Nagar.

Major Investments in Cement, Solar, and Electronics

The list of approved proposals features several large-scale ventures that promise substantial economic impact.

ACC Ltd has been cleared to set up a greenfield cement grinding unit in Sonbhadra with a massive investment of Rs 803 crore. In a parallel move, UltraTech Cement Ltd will establish a cement production unit in Aligarh at a cost of Rs 628 crore.

One of the single largest investments approved is for a solar integrated manufacturing park by NSL Renewable Power Pvt Ltd in Meerut, involving a colossal Rs 4,499.51 crore.

Further boosting the electronics manufacturing ecosystem, Amber Enterprises India Ltd will establish a consumer electronics manufacturing unit in the Yamuna Expressway Industrial Development Authority area of Gautam Budh Nagar. Additionally, Ascent Circuits will set up a PCB and semiconductor manufacturing unit in the same district.

The steel sector will also see expansion with Swaroop Steel Industries Pvt Ltd getting approval for a TMT steel plant in Muzaffarnagar (Rs 266.70 crore) and Amba Shakti Steels investing Rs 241.50 crore to start steel production in the same district.

Implementation and Future Outlook

Minister Nand Gopal Gupta 'Nandi' emphasized the government's firm commitment to ensuring that every approved investment proposal is implemented on the ground efficiently. The issuance of Letters of Comfort is the first formal step in this direction, paving the way for these companies to commence their projects.

This landmark cabinet decision underscores the Yogi Adityanath-led government's focused strategy to attract big-ticket investments and create a robust industrial infrastructure. By spreading projects across multiple districts, the policy aims to decentralize economic opportunities, reduce migration, and build a more resilient and inclusive economy for Uttar Pradesh.