Uttar Pradesh Accelerates Industrial Growth with Major Investments, 12,000 plus Jobs in YEIDA Region

Uttar Pradesh is continuously emerging as one of the country’s biggest industrial and investment hubs. In this sequence, the Chief Minister handed over allotment letters to 17 major companies in the Yamuna Expressway Industrial Development Authority area. Through these projects, investment worth thousands of crores of rupees will come to the state and there is a possibility of employment for more than 12,000 youth. A special aspect is that most companies have committed to giving priority to local youth in employment. 

These projects clearly show that Uttar Pradesh is no longer only an agriculture-based economy, but is emerging as a major center for green energy, electronics, information technology, smart manufacturing and modern industries.

The biggest investment in the solar and green energy sector is being made by CESC Green Power. This company of the RP-Sanjiv Goenka Group will set up a 3 GW capacity solar cell and module manufacturing unit on 100 acres. An investment of INR 3,805 crore will be made in this project and around 5,000 people will get employment. 

At the same time, Integrated Batteries India will set up a 4 GW capacity solar PV cell manufacturing unit on 25 acres. This project will see an investment of INR 1,146 crore and create 500 jobs. With these two projects, Uttar Pradesh is rapidly emerging as a major hub for green energy manufacturing.

Major investment proposals have also come in the information technology and ITES sector. Arsenal Infosolutions will invest INR 71.19 crore to establish an IT/ITES unit, which will generate 1,140 jobs. The company has said that 40 percent of the jobs will be given locally. Virtual Employee will invest INR 48 crore in an IT/ITES project, creating employment for 600 people. 

The company has set a target of providing 70 percent employment to local youth. Similarly, Amadeus India will establish an information technology project worth INR 160 crore, generating 275 jobs. Quarks Technosoft will establish a data processing center. The company will invest INR 47.47 crore and provide employment to around 1,800 youth. This will strengthen the data and digital services sector in the state.

Sainath Sales and Services will establish an electronic products manufacturing unit. The company will invest INR 37.19 crore and provide employment to 300 people. Similarly, Summercool Home Appliances will invest INR 46.13 crore in the electrical and electronics products manufacturing sector and provide 532 jobs. 

Angility Elektrotekniks will invest INR 35 crore in electrical control panels and electrical and electronics relay manufacturing, generating employment for 100 people. Alpha Communication LLP will invest INR 42.59 crore in electronic products and wire manufacturing, creating 150 jobs. 

Advance Panels and Switchgears will invest INR 66 crore in power transformer, switchgear, electronic products and EV charger manufacturing. This project will generate 200 jobs. Vega Industries will invest INR 91 crore in domestic appliances, personal care equipment and electrical products manufacturing, providing 500 jobs.

JMV LPS will establish a railway signalling products manufacturing unit. This INR 54.80 crore project will provide employment to 405 people and 70 percent priority will be given to local youth. Sahu International Attire will establish a ready-made garment manufacturing unit.  This INR 70 crore project will create 1,992 jobs. The company has set a target of providing 70 percent local employment. 

Riddhi Siddhi Papers will establish an artificial intelligence-based corrugated box manufacturing project. This INR 59.09 crore project will generate employment for 172 people. The company has committed to providing 85 percent local employment.

NDSB Infrastructure will establish a smart energy meter and data analysis project. This INR 40.52 crore project will provide employment to 217 people. It includes a provision for 90 percent local employment. 

MAA PET will establish a high-barrier AI-based PET sheet manufacturing unit. This INR 29.84 crore project will generate employment for 68 people.