UP Approves 38 Private Logistics & Warehousing Projects Worth ₹2,600 Crore

Date:

The Uttar Pradesh State Industrial Development Authority (UPSIDA) has approved 38 private-sector logistics and warehousing projects across multiple cities in the state, amounting to a total investment of around ₹2,600 crore. The projects are set to come up in key locations such as Lucknow, Ghaziabad, Greater Noida, and Rampur, under the Uttar Pradesh Warehousing & Logistics Policy 2022.

The policy provides investors with attractive incentives, including tax exemptions, financial assistance, and priority approvals for developing multi-modal logistics parks, warehousing clusters, cold-storage facilities, and distribution hubs across all 75 districts.

To strengthen implementation and accountability, five of these projects—collectively valued at ₹400 crore—have been assigned unique tracking identifiers for real-time progress monitoring. Officials emphasized that these developments are aligned with Uttar Pradesh’s broader goal of becoming a one-trillion-dollar economy and creating a robust logistics backbone to support industrial expansion.

UPSIDA’s recent efforts reflect a growing focus on industrial infrastructure, with land allotments rising from 114 acres in FY18 to 526 acres in FY25. Additionally, the infrastructure budget for industrial enclaves has been significantly increased—from ₹415 crore in FY24 to ₹6,190 crore in FY26—further positioning the state as a key logistics and warehousing hub in northern India.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

thirteen + 2 =

spot_img

Share post:

Subscribe

More like this
Related

A Bridge of Hope!

In a welcome and timely move, the Andhra Pradesh...

India’s Real-Estate Market Poised to Hit USD 10 Trillion by 2047

India’s real estate industry is on the brink of...

Odisha partners with IRC to upgrade road infrastructure across the state

The state of Odisha is taking a major step...

Expert Opinion: Suzlon Energy Limited – Stellar Quarterly Performance

Suzlon Energy Limited has announced its quarterly results, posting...