The Gorakhpur Industrial Development Authority (GIDA) has sped up the process of establishing industries in an effort to grow to a trillion-dollar economy within the following five years.
According to an official release, GIDA will shortly begin the application process for the allocation of 253 industrial plots in several sectors, including the plastic and readymade garments park projects, among others.
Chief Minister Yogi Adityanath had earlier said that by 2027, Uttar Pradesh will become a one-trillion-dollar economy.
According to Pawan Agrawal, the Chief Executive Officer of GIDA, the allocation process for the new plots will expedite the development of a plastic park. According to the available data, 92 plots with a total area of 2,18,859 sqm will be allotted in the plastic park in Sector 28.
Pawan Agarwal added, “GIDA is being developed as an excellent industrial area in line with the vision of the Chief Minister. Implementing the investment proposals received at the Global Investors Summit in the ground-breaking ceremony is also progressing rapidly.”