Ground Breaking Ceremony 3: 865 MSME Units to Come Up in Uttar Pradesh

CM Yogi

In another step towards making Uttar Pradesh a major economy and creating employment opportunities in the state, projects consisting of over 865 units of MSME worth ₹3586 crore will be set up in the third groundbreaking ceremony in the state. The ceremony is scheduled for June 3.

As many as 1500 projects worth more than ₹75,000 crore are planned to be launched in the third ground breaking ceremony. Of this, the micro, small and medium enterprises (MSME) sector will have a contribution of about ₹3586 crore. This alone will generate nearly 48,766 employment opportunities in the state.

The highest number of MSME units will be set up in Meerut generating about 13,985 employment opportunities with an investment of ₹702 crore. More than 283 units will be set up in Meerut followed by Ayodhya with around 128 units with an investment of ₹915 crore. Through MSMEs, over 5991 employment will be generated.

Among the prominent projects that would take off in the ceremony are ₹4900 crore and ₹9100 crore data centres of Adani and Hiranandani groups respectively, along with ₹2100-crore software development centres of Microsoft.

Besides, work on cement manufacturing plant of ₹600 crore by Dalmia Group in Mirzapur and detergent plant of Hindustan Unilever Limited would also begin.

Also Read | UP to Launch Projects to Boost MSME Exports from the State

According to the officials of the Industrial Development department of Uttar Pradesh, of the projects to be launched in the ceremony, investment worth ₹21,000 crore is in the information technology (IT) and electronic sectors only. Besides, many other projects of textile, tourism, energy, food processing and pharma would also begin.

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