Gorakhpur’s Rs 3725 Crore Industrial Boom: 10,000 Jobs Under CM Yogi!
Gorakhpur : In a significant development for industrial growth under Chief Minister Yogi Adityanath’s leadership, Gorakhpur is poised to witness launch of investment projects totaling Rs 3725 crore in the current fiscal year. Once operational, these projects are expected to generate employment opportunities for approximately ten thousand individuals.
Notably, seven prominent industrial entities, including the Adani Group, have submitted proposals to the Gorakhpur Industrial Development Authority (GIDA), seeking land allocation for their ventures. GIDA is currently facilitating the allocation of preferred land to these investors.
Adani Group, along with other major players, has collectively requested 128 acres of land from GIDA to set up Ambuja brand cement factory, Lotus Singapore Group for Bisleri brand bottling plant, Shahi Export for readymade garment cluster, Delhi Public School (DPS) and IIMT University for educational institute, Apollo Tubes for steel pipe factory and Stamm Tech for cold roll forming section, wagon manufacturing and maintenance.
Once the land is acquired, the industrialists plan to invest a total of Rs 3725 crore, with the largest investment proposal coming from the Adani Group.
GIDA’s CEO Anuj Malik presented detailed information on these proposals to CM Yogi during a recent review meeting on development projects. Malik stated that the investors have been shown land according to their preferences and that the next steps in the process will commence shortly.
*Expected Major Investments in 2024-25*
– Adani Group
Project: Cement Factory
Desired Land: 65 acres
Capital Investment: Rs 1500 crore
Proposed Employment: 5000
– Shahi Export
Project: Readymade Garment Cluster
Desired Land: 26 acres
Capital Investment: Rs 1000 crore
Proposed Employment: 1800
– IIMT University
Project: Educational Institute
Desired Land: 4 acres
Capital Investment: Rs 625 crore
Proposed Employment: 300
– Apollo Tubes
Project: Steel Pipe Factory
Desired Land: 17 acres
Capital Investment: Rs 300 crore
Proposed Employment: 2000
– Stamz Tech
Project: Wagon Manufacturing
Desired Land: 6 acres
Capital Investment: Rs 150 crore
Proposed Employment: 300
– Lotus Singapore
Project: Bisleri Plant
Desired Land: 6 acres
Capital Investment: Rs 100 crore
Proposed Employment: 500
– Delhi Public School (DPS)
Project: Educational Institute
Desired Land: 4 acres
Capital Investment: Rs 50 crore
Proposed Employment: 200
*Gorakhpur’s industrial landscape undergoes transformation in last 10 years*
Notably, the industrial landscape of Gorakhpur has undergone a transformation over the past decade. Initially marked by contentious relations, the tenure of Chief Minister Yogi Adityanath has seen a remarkable shift. Where local capitalists once hesitated to invest in industrial ventures, today sees a surge of renowned national companies vying for space.
Though established on the lines of Noida nearly 34 years ago, GIDA entered the competition nearly half a decade ago.
GIDA, has witnessed inauguration of several large units, including multinational companies, which were previously only a matter of imagination three decades ago, in the last seven years. In just over two and a half years, a PepsiCo unit with an investment of Rs 1,100 crore in GIDA has commenced commercial production. The unit was inaugurated by CM Yogi.
Additionally, CM Yogi has inaugurated the unit of Gyan Dairy with an investment of Rs 118 crore, Tatva Plastic’s pipe factory with an investment of Rs 110 crore which supplies to Jal Jeevan Mission, as well as the ethanol and distillery plant of Keyaan Distillery with an investment of Rs 1200 crore and SD International’s plastic recycling and food packaging container unit with an investment of Rs 300 crore. The construction of an industrial warehouse of Central Warehousing Corporation with an investment of Rs 50 crore is also almost complete.
*Eco-system created for development and investment in seven years*
Chief Minister Yogi Adityanath has successfully tapped Gorakhpur’s potential for development. Gorakhpur caters to the educational, healthcare, commercial and urban housing needs of the entire eastern Uttar Pradesh, western Bihar, and Terai region of Nepal. In view of this, CM Yogi launched several projects in the education, healthcare, and urbanization and infrastructure sectors, creating an eco-system of investment. The improved road, rail, and air connectivity has played significant role in Gorakhpur’s development.
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