UP Council of Ministers nod to issue Letter of Comfort (LOC) to 12 industrial units
Lucknow, 22 Dec (HS): In the meeting of the Council of Ministers held at the Chief Minister''s residence on Monday morning under the chairmanship of Chief Minister Yogi Adityanath, another meaningful initiative was seen i
Industrial Development Minister of Uttar Pradesh Government Nand Gopal Gupta Nandi


Lucknow,

22 Dec (HS): In the meeting of the Council of Ministers held at the Chief

Minister's residence on Monday morning under the chairmanship of Chief Minister

Yogi Adityanath, another meaningful initiative was seen in the efforts being

made to make the state a state with one trillion dollar economy and an

industrial state. Council of Ministers approved the proposal to issue Letter of

Comfort (LOC) to 12 industrial units for setting up industries in the mega and

super mega category at a cost of Rs 15, 189.7 crore in the districts of

Mirzapur, Hardoi, Bulandshahr, Raebareli, Gautam Buddha Nagar, Sonbhadra,

Meerut, Muzaffarnagar, Aligarh. On the basis of which, Letter of Comfort will

be issued to all the companies soon, informed Industrial Development Minister

of Uttar Pradesh Government Nand Gopal Gupta Nandi.

Minister

Nandi stated that under the guidance of Prime Minister Narendra Modi and the

leadership of Chief Minister Yogi Adityanath, the new Uttar Pradesh of New

India is poised to become the nation's growth engine. Uttar Pradesh has emerged

as a major investment destination. This is why a large number of investors are

coming forward to invest in the state. Minister Nandi stated that bringing

every investment proposal to fruition is our government's top priority. It is

our commitment to follow up on each MoU and make continuous efforts until it

reaches maturity.

As

a result, today every corner of Uttar Pradesh is aglow with the light of

industrial development. Every investor, every entrepreneur is a friend of Uttar

Pradesh. They are a partner and collaborator in the state's industrial and

economic development journey. Our double-engine government is moving forward

with this vision.

It

is noteworthy that in the meeting of the Council of Ministers held on Monday

under the chairmanship of Chief Minister Yogi Adityanath, a proposal was made

to issue Letter of Comfort to 12 industrial units for setting up industries in

various districts of the state. The proposals approved were for Earthstar

Ventures Private Limited to set up an iron and steel plant in Mirzapur at a

cost of Rs 549.26 crore, for Apollo Coated Products Private Limited to set up a

cold rolling mill in Secunderabad Bulandshahr at a cost of Rs 350 crore, for

Haldiram Snacks Manufacturing Private Limited to set up a snacks plant in

Hardoi at a cost of Rs 349.27 crore, for Shri Bhavani Paper Mills Limited to

set up a paper mill in Rae Bareli at a cost of Rs 305 crore, and for Dreamtech

Electronics India Private Limited to set up a printed circuit board plant in

Greater Noida Gautam Buddha Nagar at a cost of Rs 414.88 crore.

Apart

from this, the proposal of ACC Limited Salai Banwa Greenfield Grinding Unit for

cement production at a cost of Rs 803 crore in Sonbhadra, NSL Renewable Power

Private Limited for setting up a Solar Integrated Manufacturing Park at a cost

of Rs 4,499.51 crore in Meerut, Amber Enterprises India Limited for setting up

a consumer electronics plant at Yamuna Expressway Industrial Development

Authority area of ​​Gautam Budh Nagar district at a cost of Rs 3.532 crore,

AscentK Circuit for setting up a PCV and semi-conductor plant at a cost of Rs

3.250 crore in Gautam Budh Nagar district was approved. Not only this, the

proposal for issuing Letter of Comfort to Swarup Steel Industries Private

Limited for setting up Teamti Steels Plant at Jansath area of ​​Muzaffarnagar

district at a cost of Rs 266.70 crore, to Ultratech Cement Limited for starting

cement production at Kasimpur in Aligarh district at a cost of Rs 628 crore and

to Amba Shakti Steels for starting steels production at Muzaffarnagar at a cost

of Rs 241.50 crore was approved.

Hindusthan Samachar / Abhishek Awasthi


 rajesh pande