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UP Plans Vertical Factory Complexes

To overcome the scarcity of industrial land for new industries, and to promote start-ups, the Uttar Pradesh government has planned to set up vertical or flatted factory complexes in key manufacturing hubs. In the first phase, such industrial complexes will be established in four districts viz. Gorak

BY Realty Plus
Published - Tuesday, 06 Oct, 2020
UP Plans Vertical Factory Complexes
To overcome the scarcity of industrial land for new industries, and to promote start-ups, the Uttar Pradesh government has planned to set up vertical or flatted factory complexes in key manufacturing hubs. In the first phase, such industrial complexes will be established in four districts viz. Gorakhpur, Ghaziabad, Agra and Lucknow for non-polluting industrial units. UP additional chief secretary, MSME and export promotion, Navneet Sehgal has directed the nodal officials to prepare the respective detailed project reports of the four proposed vertical factory complexes for further action. In fact, the blueprint for the Agra flatted factory complex has already been prepared by the state micro, small and medium enterprises (MSME) department. The flatted factory concept is about an industrial building/complex of more than one storey. The building is subdivided into separately-occupied units used for manufacturing, assembly and associated storage functions. The government had decided to adopt the unique flatted factory complex model following the stern directives of Chief Minister Yogi Adityanath to take steps for providing land/space for the setting up of new industrial units. Subsequently, the state prepared a policy to develop flatted factory complexes for non-polluting industries under the jurisdiction of various industrial development authorities. This is expected to address the tricky issue of land crunch, and high rates of industrial land in the prominent industrial areas of the state. Meanwhile, the proposed four-storey flatted factory project in Agra, spanning over 5 acres and costing the Rs 125 crore, will comprise 68 industrial units spread. The project was conceptualised on the basis of the feedback given by the local industrialists and entrepreneurs. Sehgal had earlier said the Agra project will allow the setting up of maximum industries within a limited space.  

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