Aditya Birla Group to invest Rs 700 cr in Uttar Pradesh for establishing paint manufacturing units

Lucknow, July 19: In a major development, the Aditya Birla Group will be establishing industrial units worth Rs 700 crore to manufacture paint in Yogi Adityanath-led Uttar Pradesh.

 

 

Taking to Twitter Office of Chief Minister Adityanath tweeted on Monday, "Aditya Birla Group to invest Rs 700 crore in Gorakhpur" to make the announcement. As per the news report, the Aditya Birla group will be setting up industrial units to manufacture paint in the state.

 

 

It should be noted that the company had expressed a keen interest in investing in the state eight months ago. A proposal was made to sanction land in Gorakhpur’s Bhiti Rawat post which the representatives of the company met Gorakhpur District Magistrate K Vijayendra Pandian.

 

 

The investment involves 70 acres in Bhiti Rawat. Also, the project has been given a green signal by the Gorakhpur Industrial Development Authority (GIDA). The manufacturing unit will also provide employment to more than two thousand people. The government has also assured support to ensure uninterrupted water and power supply. The administration is hopeful that the entire region will be uplifted with the arrival of the Aditya Birla group.

 

 

District Magistrate K Vijayendra Pandian said, “A major investment of about Rs 700 crore will be made by the Aditya Birla Group in the Gida area. For this, the land will be made available by GIDA. We have spoken to the company representatives. All kinds of assistance will be provided to them. This investment will provide employment to many people directly and indirectly.”

 

Uttar Pradesh is now aiming to become more business-friendly involving national and international companies. Earlier, a UK-based yeast and bakery ingredients maker, AB Mauri had recently announced its investment of about Rs 1,100 crore in Pilibhit.