In Ayodhya, the state government has approved 12 industrial projects that would require an investment of Rs 120 crore.
The last stages of land allocation to these industrial units have been completed.
The owners of these industrial units had announced their intention to establish their facilities in Ayodhya during the third ground-breaking ceremony held in the state capital on June 3.
Along with other development initiatives, establishing industrial facilities in Ayodhya is a state government goal. The district magistrate of Ayodhya, Nitish Kumar, has pledged to resolve any issues facing businesspeople looking to establish facilities there.
As per the Ayodhya administration, 12 industrial units will bring investment of Rs 120 crore. of them, five units will invest more than ₹10 crore while three will invest less than ₹3 crore.
In the UP Budget 2022-23, the Yogi government has proposed Rs 35 crore for construction of the Central Institute of Petrochemicals Engineering and Technology (CIPET) centre in Ayodhya.
