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Medical device park to come up in Uttar Pradesh

Friday, 20 Nov 2020
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A dedicated medical device park is proposed to be developed over 350 acre in Yamuna Expressway Industrial Development Authority ‘s (YEIDA) Sector-28 along Yamuna Expressway in Uttar Pradesh. 
A memorandum of understanding (MoU) has been signed with the Kalam Institute of Health Technology to prepare a detailed project report (DPR) for the project. 
The government is focusing on industries such as bulk drug and medical device manufacturing, for which the state government is in touch with the Centre for development of dedicated industrial parks. 
Simultaneously, it is also setting up an electronics park, apparel park, handicraft park and toy park in the YEIDA area. Moreover, an integrated township is also planned along the proposed heritage city at Raya Urban Centre and a logistics hub at Bajna Urban Centre. 
The industrial development authorities have allotted almost 740 acre under 1,097 plots for projects with an investment of around Rs 9,700 crore in 2020-21. These projects will create employment potential for nearly 1,95,990 people. Out of this, YEIDA has allotted 566 acre land parcel in 871 plots for projects worth Rs 7,006 crore. 
Allotment of 124 plots has been made for an apparel park, 76 plots for a handicraft park, 516 plots for MSME park and 111 plots for a toy park in Sectors 29 and 33. 
The Uttar Pradesh State Industrial Development Authority (UPSIDA) has allocated nearly 52 acre in 123 plots for projects worth Rs 588 crore, followed by Noida which has allotted 92 acre in 101 plots for projects worth Rs 1,341 crore. 
The major investments in these areas include a data centre by Hiranandani Group worth Rs 750 crore, an integrated food processing unit by Britannia Industries worth Rs 300 crore, yeast manufacturing by Associated British Food worth Rs 750 crore, consumer electronics by Dixon Technologies worth Rs 200 crore, footwear manufacturing by Von Wellex of Germany worth Rs 300 crore, grain infrastructure equipment by Ekagrata Inc of Canada worth Rs 746 crore, wiring harness and components by Japan’s Yazaki worth Rs 2,000 crore and electric vehicles unit by Edison Motors of South Korea worth Rs 750 crore. 
Moreover, post COVID-19, seven projects with an investment of around Rs 8,500 crore have commenced commercial operations, while 19 projects with an investment of around Rs 6,400 crore have entered active implementation stage.
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