HomeUttar PradeshNation & SocietyUPSIDA Doubles Budget, Approves New Industrial Zones in Ayodhya and Fatehpur

UPSIDA Doubles Budget, Approves New Industrial Zones in Ayodhya and Fatehpur

As part of the plan, around ₹2,250 crore has been earmarked for creating new industrial zones and expanding existing industrial estates.

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The Uttar Pradesh State Industrial Development Authority (UPSIDA) has approved a major expansion plan aimed at accelerating industrial growth across the state. At its annual board meeting, UPSIDA approved an ₹8,000 crore budget for the financial year 2026–27, nearly double the previous year’s allocation, with a strong focus on developing new industrial areas and strengthening existing infrastructure.

As part of the plan, around ₹2,250 crore has been earmarked for creating new industrial zones and expanding existing industrial estates. The authority will first conduct feasibility studies to assess land availability, demand, and project viability before beginning development work.

The board also approved layout plans for new industrial areas at Katayi Mill in Fatehpur, Sandhinawa, and Trishundi in Ayodhya. Officials said the approval will enable planned industrial development, faster allotment of industrial plots, timely infrastructure creation, and attract fresh investments to these regions.

Chairing the meeting, Additional Chief Secretary for Infrastructure and Industrial Development Alok Kumar II said the initiative is expected to encourage balanced industrial growth across Uttar Pradesh, establish new industrial townships, generate employment, and attract large-scale private investment.

The board also gave allottees in UPSIDA’s residential schemes a final opportunity to execute their lease deeds by November 7, after which pending allotments may be cancelled automatically if formalities are not completed. Additionally, UPSIDA approved the drafting of a new policy for the revival and resumption of closed or sick industrial units in the state.

The latest decisions are part of the Uttar Pradesh government’s broader strategy to strengthen the state’s industrial ecosystem by expanding manufacturing infrastructure, improving industrial planning, and creating new investment opportunities across multiple districts.

UP4India Desk
UP4India Deskhttps://upchauraha.com
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