Uttar Pradesh Industry Minister Satish Mahana said that the UP Defence Industrial Corridor attracted fresh investment intents worth Rs 4,500 crore at the Aero India show-2021 in Bengaluru, giving a fillip to the ‘Aatmanirbhar Bharat’ campaign. He said the proposed industries are likely to give employment to 2.20 lakh youths.
“As many as 1.27 lakh youths have got employment in last four years,” he said while addressing reporters here on Thursday. The minister said that the Defence Industrial Corridor is planned over 5,000 hectares of land, of which 3,796 has been identified and 1,369 hectares of land has been acquired in Jhansi, Chitrakoot and Aligarh. The defence node land at Aligarh has already been sold out and allotted to companies. “Along with this, we are in the process of acquiring additional land for other investors,” Mahana said.
The minister stressed that the government has been aggressively pursuing industrialisation-led development to generate new employment opportunities and uplift the economic condition of its citizens. Mahana said his department has established an identity of its own during the past four years by carrying out reforms to bring transparency in its working.
Referring to the recent Union budget, he said that seven mega textile parks are being planned and the state government has pitched in for two such parks in Kanpur and Gorakhpur.
“Besides, as the budget is rapidly promoting industrial infrastructure in the form of new electronics parks, leather parks, etc, the state government is also rapidly developing such manufacturing hubs and clusters,” he pointed out.
The state government attracted investment intents for Rs 4.28 lakh crore at the UP investor summit held in 2018. As a result of diligent pursuance of these investment intents, investments worth nearly Rs 2 lakh crore are under active stages of implementation, which has a multiplying effect on employment creation, he added.