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28/11/2022 01:41pm

Western & Central UP being pushed for production of Auto & EV vehicles

image Western & Central UP being pushed for production of Auto & EV vehicles

Lucknow, Nov 28 (KNN) Chief Minister Yogi Adityanath-led Uttar Pradesh government is planning to develop its Western and Central region into hub for auto and electric vehicle industries with a vision to make the state a USD 1 trillion economy.

To boost the MSME sector the state government has chosen Agra, Shahjahanpur, Aligarh, Prayagraj, Saharanpur, and Etawah.

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For setting up of big enterprises to encourage the auto industry Gautam Budh Nagar, Ghaziabad, Lucknow, Hapur, Kanpur Nagar, and Meerut have been chosen.

Highlighting the resources available in the auto and EV industries of Western and Central Uttar Pradesh, the CM said they just need to be pushed further because the demand for EV is growing which will generate large employment.

In the next five years, the state government aims to increase the Gross State Value Addition (GSVA) of Uttar Pradesh in the auto industry from USD 1.5 billion in 2019 to USD 5 billion.

In western and central Uttar Pradesh, 9,000-10,000 acres of land will be needed for the development of the industry and the government will spend USD 19-20 billion on this.

At the same time, auto components and electric vehicles made here will be supplied to the UK, US, Australia, and South Asia.  (KNN Bureau)

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