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GIDA fast-tracks industrial expansion with 253 plot allocation across sectors

Updated: Jul 03, 2023 02:07:51pm
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Gorakhpur, July 3 (KNN) The Gorakhpur Industrial Development Authority (GIDA) is planning to expedite the establishment of industries by launching the application process for the allocation of 253 industrial plots across various sectors. 

This includes projects like the plastic and readymade garment park, among others.

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According to GIDA Chief Executive Officer Pawan Agrawal, the allocation process for the new plots will facilitate the rapid development of a plastic park.

As per reports, 92 plots with a total area of 2,18,859 square metre will be allotted in the plastic park located in Sector 28. 

Similarly, a total of 41 new plots will be allocated at the Garment Park in GIDA Sector 26, covering a total area of 28,340 square metre. GIDA will also allocated around 120 plots for general industries.

“GIDA is being developed as an excellent industrial area in line with the vision of the chief minister. The process of implementing the investment proposals received at the Global Investors’ Summit in the groundbreaking ceremony is also progressing rapidly,” he said.

Agrawal said that GIDA has received a target of Rs 12,500 crore for the groundbreaking ceremony. So far, approximately two-thirds of the target has been achieved. The allocation of new plots will further contribute to GIDA’s progress beyond the set goals.   (KNN Bureau)

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