CM Yogi Adityanath allocates land for medical and industrial projects in YEIDA, UP, including semiconductor, electronics, and healthcare investments.
Lucknow: Chief Minister Yogi Adityanath distributed land allotment letters to Bodhisatva Charitable Trust for the establishment of a medical college in the Yamuna Expressway Industrial Development Authority (YEIDA) area, as well as to India Chip Pvt. Ltd., Ascent Circuits Pvt. Ltd., and Amber Enterprises India Limited for the establishment of industrial units. The investors thanked the Chief Minister and expressed their excitement about making investments in Uttar Pradesh, claiming that the state government and authorities are fully supporting them. They pointed out that compared to other states, Uttar Pradesh is seeing a far higher rate of development.
The Chief Minister thanked the entrepreneurs and added, “Policy stability, good governance, and quick implementation have driven Uttar Pradesh’s unprecedented industrial transformation over the past eight and a half years.”
“The state has emerged as a symbol of delivering results beyond expectations and described the current period as a golden opportunity for investment in Uttar Pradesh,” he said.
The Chief Minister declared, “Uttar Pradesh has established itself as a stable, secure, and reliable destination for international investors thanks to the government’s ‘Industry First, Investment First’ approach. The state has received ₹45 lakh crore in investment proposals through the UP Global Investors Summit, of which ₹15 lakh crore have already been implemented and grounded. In the near future, proposals totaling more than ₹5 lakh crore will be prepared for groundbreaking.
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He highlighted the qualities that draw in investors, saying, “Uttar Pradesh is a popular place to invest because of its world-class infrastructure, strong law and order, and outstanding connectivity. The state boasts substantial four-lane and six-lane interstate connectivity, the largest rail network in the nation, and four-lane highway access to each district offices. Approximately 55% of India’s motorways are found in Uttar Pradesh. In the most cities, the state also runs metro services, and the rapid rail line between Delhi and Meerut is already in place.
“Uttar Pradesh will soon operationalize its fifth international airport at Jewar, which will emerge as a major hub for both passenger and cargo transportation,” the chief minister promised.
“The use of technology is strengthening the state’s investment process,” he continued. In addition to helping investors, a committed group of 118 “Udyami Mitras” is making sure that incentives are paid out on time. YEIDA has become a very alluring place to invest in recent years because of its quick decision-making, open processes, and sound governance.
Private sector businesses are now establishing semiconductor manufacturing facilities in Uttar Pradesh, furthering the agenda of Prime Minister Narendra Modi. Employment prospects for young people in the area will be greatly increased by investments made by businesses like Ascent Circuits Private Limited and HCL Foxconn–India Chip Private Limited.
The Chief Minister declared, “Amber Enterprises Limited’s investment will be essential to the rapid expansion of the IT and electronics sector in Uttar Pradesh.” He mentioned that Uttar Pradesh now produces 55% of the nation’s mobile phones.
The Chief Minister urged the Yamuna Expressway Industrial Development Authority to actively engage in this regard, highlighting the need for skilled labor and said, “Industries must be provided with trained human resources as per their requirements.” In terms of labor reforms, he continued, Uttar Pradesh has become one of the nation’s top states.
The Chief Minister issued letters of land allocation to four firms. According to officials, India Chip Private Limited, a joint venture of HCL Foxconn, has been given 48 acres of land in YEIDA to manufacture semiconductor chips, with a ₹3,706.15 crore investment.
With a ₹3,250 crore investment, Ascent Circuits Private Limited has been given 16 acres of land in the electronics manufacturing cluster in Sector-10 to produce flexible PCBs and semiconductor substrates.
More than 1,500 young people would be employed by Amber Enterprises India Limited, which has been granted 100 acres of land in Sector-08 with an investment of ₹3,532 crore. The business will produce computer electronics, appliances, PCB assembly, and copper-clad laminates.
The Bodhisatva Charitable Trust has been granted 20.50 acres of land in Sector-17A with a ₹532.18 crore investment to develop a medical institution.