UP govt to invest 40K cr in logistics, industrial parks

In a push to the state’s industrial ecosystem, the Uttar Pradesh government is looking to launch logistics, warehousing, and industrial parks projects worth Rs 40,000 crore in the coming weeks. While logistics and warehousing projects entail investments of Rs 25,000 crore, private industrial park projects are estimated at Rs 15,000 crore. These projects are expected to fuel the prospects of UP’s ambitious mission to become India’s first trillion-dollar economy. The infra projects are part of the bouquet of over Rs 1 trillion worth of different categories of projects to be launched by UP State Industrial Development Authority (UPSIDA) at the upcoming groundbreaking ceremony in Lucknow.