Three major companies are set to invest an estimated 2,476 INR-Crore to establish manufacturing units in Uttar Pradesh. The government is actively facilitating these investments by strategically allocating land in the Gautam Buddha Nagar district.
Pine Valley Ventures plans an estimated investment of 1,080.82 INR-Crore. The company will build a state-of-the-art facility on an anticipated 20-25 Acres to manufacture readymade garments and accessories. Additionally, the project will churn out lakhs of units annually, driving massive employment opportunities.
Also Read: India’s Top Upcoming Mixed-Use Development Projects in 2024
Meanwhile, Havells India is stepping into the spotlight with a greenfield project for refrigerator manufacturing. Their estimated investment of 873.58 INR-Crore will unfold over seven phases, generating over 1,000 jobs.
Furthermore, Minda Corporation will invest around 522.28 INR-Crore to produce wiring harnesses and electronic systems. These investments underscore the transformation of Uttar Pradesh into an industrial and manufacturing powerhouse.
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