Published On:January 9 2024
Story Viewed 776 Times
"Uttar Pradesh Initiates Establishment of Pharma Park"
The Uttar Pradesh State Industrial Development Authority (UPSIDA) has announced the establishment of a pharma park in Lalitpur, Bundelkhand, covering an expansive 1,472 acres across five villages. According to UPSIDA, the plan will be executed in two phases, with the initial focus on immediate development efforts spanning 300 acres of land. The villages identified for the survey and development include Saidpur (426 acres), Gadolikala (249 acres), Largan (239 acres), Karounda (116 acres), and Rampur (441 acres).
Mayur Maheshwari, Chief Executive of UPSIDA, emphasized the strategic significance of this move by the Uttar Pradesh government, stating, "The establishment of the Pharma Park and the acceleration of associated projects mark a strategic move by the Uttar Pradesh government towards fostering industrial growth and economic development."
He further highlighted the commitment to precision and efficiency in the planning and execution of these initiatives, with modern surveying techniques playing a pivotal role. As the survey progresses and development efforts gain momentum, the Pharma Park in Lalitpur is expected to emerge as a key contributor to the pharmaceutical sector, providing economic opportunities and reinforcing Uttar Pradesh's position on the industrial landscape.
UPSIDA has outlined a comprehensive plan for conducting the survey and is in the process of hiring a surveyor. Maheshwari mentioned, "We have invited applications for the selection of a survey agency through e-tender under a fixed bids process. The selected agency will complete processes such as soil testing, contour mapping, and topographical investigation." According to sources, the park is anticipated to witness an infusion of approximately ₹8,000 crore by the state.
In addition to the Pharma Park, UPSIDA is expediting development projects at site-1 and site-2 in Orai, along with the Plastic City project in Dibiyapur. The plastic park, spreading across 274.4 acres, encompasses industrial units, residential areas, and basic infrastructure, according to the note issued by UPSIDA.
HBL