Uttar Pradesh State Industrial Development Corporation

Encyclopedia

Uttar Pradesh State Industrial Development Authority

 (UPSIDA), formerly UP State Industrial Development Corporation, is a corporation of Government of Uttar Pradesh, which promotes industries and develops industrial infrastructure in the State. Its industrial areas are equipped with infrastructure facilities likes roads, drains, internal power lines, street lights, etc.

Corporation has developed 159 Industrial areas (including Uttarakhand) and 23 residential areas encompassing 41948 acres of land with a wide range of infrastructure facilities.

The Corporation comes under the Department of Infrastructure and Industrial Development of the Government of Uttar Pradesh.

History

UPSIDC was incorporated as a company limited by shares on 29 March 1961. Its authorized capital is ₹40 crores and paid-up share capital is ₹24,07,51,000 as on March, 2015. It is one of the six infrastructure sector State Public sector enterprises, other five being, Uttar Pradesh State Bridge Corporation Limited (UPSBCL), Uttar Pradesh Project and Tubewell (UPPT), Uttar Pradesh State Road Transport Corporation (UPSRTC), Uttar Pradesh Rajkiya Nirman Nigam Ltd. (UPRRNL) and Avash Vikas Parishad (Housing Development Corporation).

Functions

Uttar Pradesh State Industrial Development Corporation is a Public Sector Undertaking of the Government of Uttar Pradesh. It promotes the development of industrial infrastructure in the state of Uttar Pradesh, it has helped in development of industrial areas, and has delivered iconic industrial areas. The objective of UPSIDC is to provide contemporary infrastructure facilities and services to entrepreneurs setting up businesses and factories in the state of Uttar Pradesh.

Corporation has its head office in Kanpur, Uttar Pradesh and has 21 regional offices across major cities in the State including one in Lucknow.

The Managing Director is the head of UPSIDC. Shri Rajesh Kumar is the current Managing Director of the Corporation.

Projects

  • Trans Ganga Hi-tech city, Unnao
  • Textile Parks
    • Apparel Park, Tronica City, Ghaziabad
    • Textile & Hosiery Park, Rooma, Kanpur
    • Textile Park, Varanasi
  • Agro Parks
    • Agro Park, Barabanki
    • Agro Park, Varanasi
  • Leather Technology Park, Banther, Kanpur
  • Export Promotion Industrial Parks
    • EPIP, Greater Noida
    • EPIP, Agra
  • Industrialization Zone
    • GIDA, Gorakhpur
    • FIDA, Faizabad
    • NIDA, Noida
  • Special Economic Zone
    • SEZ, Moradabad
    • SEZ, Bhadohi
  • Tronica city, Ghaziabad