Curation Team
LUCKNOW | GORAKHPUR: Incentive-driven policies, ease of doing business and improved connectivity have encouraged reputed national and multinational companies to invest in Gorakhpur, which was once overlooked by investors, said officials at Gorakhpur Industrial Development Authority (GIDA) on Wednesday.
“The authority allocated record 182 acres land for 54 new units, paving way for Rs 5,800 crore in capital investment and creating 8,500 jobs,” said Anuj Malik, CEO, GIDA, adding, “Over last five years, GIDA received proposals worth Rs 9,445 crore, generating nearly 23,000 employment opportunities.”
The list includes global and national brands like PepsiCo, Keyan distillery, Gyan dairy, Technoplast, Central Warehousing Corporation, Kapila agro industry and APL Apollo tubes.
Recently, Adani group’s Ambuja cement and Coca-Cola bottler Amrit bottlers acquired land for new units. Meanwhile, Reliance consumer products ltd and Shree cements have expressed interest, with their representatives visiting GIDA sites to explore investment options.
Malik said to meet growing demand, GIDA not only strengthened its land bank but also initiated development of Dhuriapar Industrial Township in southern Gorakhpur as a new industrial hub, where two major projects had been allotted land. “With world-class road, rail and air connectivity now in place, Gorakhpur—once hesitant to attract even local investors—is rapidly establishing itself on India’s industrial map,” she said.
