The Uttar Pradesh State Industrial Development Authority (UPSIDA) is planning to upgrade civil and electrical infrastructure with a “record additional expenditure” of Rs 456.28 crore for the financial year 2023-24 for the upgrade of 93 industrial areas in 46 districts of Uttar Pradesh.
Officials said that “it is the first time in the history of UPSIDA that such a huge expenditure is proposed for the upgradation of its aging industrial areas”.
“The proposed infrastructure upgradation is in line with the vision of Chief Minister Yogi Adityanath to make Uttar Pradesh the growth engine of the country,” said an official.
“The Paschimanchal region will receive the maximum allocation of Rs 206.57 crore, followed by the Madhyanchal region at Rs 152.29 crore. Infrastructure in the industrial areas of the Poorvanchal and Bundelkhand regions will be upgraded with a planned expenditure of Rs 74.46 crore and Rs 22.96 crore, respectively,” said the official.