The Yogi Adityanath government in Uttar Pradesh has started development in Bundelkhand as it has allotted land in Chitrakoot for setting up an industry of British company AB Mauri.
With an investment of Rs 400 crore, the company is going to set up the largest yeast production centre in Bundelkhand. The world’s largest yeast producing company is likely to be the biggest source of employment for the local youth.
The company will provide direct employment to more than 5,000 youth, while more than 25,000 people will get indirect business and employment opportunities.
Official sources here said on Tuesday that the UP State Industrial Development Authority (UPSIDA) had allotted 68 acre land to the British company AB Mauri in Bargarh, Chitrakoot as part of the process of providing industrial investment and employment in Bundelkhand.
The company had applied for land to UPSIDA in November 2020 through Invest Mitra, under the government’s new industrial investment policy.
Taking this proposal of investment in Bundelkhand forward, the state government accepted the application for the mega unit and allotted land through Nivesh Mitra in a record time of 15 days.
The company will set up a large Baker’s yeast production unit in Bargarh, Chitrakoot. The company will produce 330 million tonnes of yeast under the zero liquid discharge project by installing German and Spanish machines.
AB Mauri is one of the world’s largest companies in the food yeast production industry. It is a British Foods Group company with a turnover of 1.2 billion US dollars. It owns 52 plants in 32 countries and holds 45 per cent of the world’s yeast production market.
The large investment of the world class big company in Bundelkhand is considered as a big success of the Yogi government.
Sugarcane and wheat will be used as the main crop by the yeast production unit. This will directly benefit the nearby farmers, including Bundelkhand.
The company will buy sugarcane and wheat produce directly from farmers. Official sources said the new image of Bundelkhand would also emerge in the world with the new recognition of the local markets and mandi’s of the region.