Yogi Govt currently working on Mega Leather Park , 3500 industrialists acquire land in UPSIDA to set up plants in 51 districts

*******The firms to provide employment to over 1 lakh people Yogi Govt currently working on  Mega Leather Park, Perfume Park and Perfume Museum projects to boost traditional industries of Unnao & Kannauj globally at the cost of Rs 11,500 crore****

Lucknow, July 12:///  Encouraged by the investor-friendly policies of Chief Minister Yogi Adityanath, more than 3,500 big industrialists have acquired land in Uttar Pradesh State Industrial Development Authority (UPSIDA) areas spread over 51 districts of the state in the last four years to set up factories at the cost of Rs 11,500 crore. 

The factories, which are to be built on  UPSIDA land, will provide employment to about one lakh people. Some of these companies have already been completed and have also started production at their plants while construction of some others is underway. Currently, the officers of UPSIDA are working on new projects to bring more investment to the state. 

 The projects include setting up a Mega Leather Park in Unnao and a Perfume Park and a Perfume Museum in Kannauj. Chief Minister Yogi Adityanath is of the view that such schemes will increase investment in traditional industries and help popularise leather products of Unnao and spread fragrance of Kannauj's perfumes across the world. 

The Mega Leather Park of Unnao, the brainchild of the CM, will be spread over an area of 42 acres. With the establishment of this park at a cost of about Rs 550 crore, leading leather products manufacturing companies will set up their factories and boost leather business. 

Similarly, the Perfume Park and the Perfume Museum are expected to restore the pristine glory of Kannauj’s traditional perfume and enhance perfume business through installation of state-of-the-art technology. Kannauj’s traditional perfume industry is in dire straits today due to the absence of latest technologies and its neglect under previous governments.

It is worth mentioning here that the artificial perfume companies and traditional perfume business have been badly hit in UP due to lack of resources. With the construction of the Perfume Park, people traditionally working in the perfume industry will get an opportunity to carry forward their ancestral legacy and not abandon it for lack of potential for growth while leading companies will come forward to set up their factories in Kannauj.  The Perfume Museum will help promote UP’s heritage of making pure and natural perfumes across the world and also boost local perfume business.

However, the  UPSIDA is not just promoting investment in leather or perfume business, but in many other areas as well. The  authority has done an excellent job in this regard in the last four years. For example, ITC Ltd. at Sandila area of Hardoi, Varun Beverages Ltd. (PepsiCo), Berger Paints Ltd., Green Ply Industries Ltd., British Paints Ltd., Weebly Scott Ltd., Kribhco Fertilizer Ltd. at Shahjahanpur, Plastic Pack Ltd. at Kanpur, SMS G Ltd. at Barabanki (Coca-Cola) and Vaughan Wells Limited are establishing their units in Agra.

Apart from this, during the ongoing coronavirus pandemic,  more than a thousand industrialists have acquired land UPSIDA land to set up their factories in the state in the last one year. The industrialists are building their firms at an estimated cost of about Rs 5100 crore.  British company AV Mori is prominent among the companies that have shown keen interest in setting up units in UP. The company has got land in Chitrakoot and Pilibhit to set up its factories. Similarly, Hindustan Unilever has acquired land at Sumerpur in Hamirpur, Triveni Almira at Kursi Road in Barabanki, Forever Distillery at Gorakhpur, Hindustan Petroleum Corporation at Badaun and Inox Air Products Limited at Rae Bareli to set up their factories. Following the directive of Chief Minister Yogi Adityanath, the officials of UPSIDA have expedited provision of land to the investors.