In an attempt to accelerate the process of setting up of industries, the Gorakhpur Industrial Development Authority (GIDA) will soon initiate the application process for allocation of 253 industrial plots in different sectors, including the plastic and readymade garment park projects among others.
According to GIDA Chief Executive Officer Pawan Agrawal, the allocation process for the new plots will expedite the development of a plastic park.
As per the available data, 92 plots with a total area of 2,18,859 square metre will be allotted in the plastic park located in Sector 28. The sizes of these plots range from 594 square metre to 20,764 square metre. A total of 42 plots will be available with sizes up to 1,000 square metre, 42 plots with sizes ranging from 1,001 to 4,000 square metre, five plots with sizes ranging from 4,001 to 20,000 square metre, and three plots with sizes exceeding 20,001 square metre, for which entrepreneurs/investors can submit their applications.
Similarly, a total of 41 new plots will be allocated at the Garment Park in GIDA Sector 26, covering a total area of 28,340 square metre. These plots will have sizes ranging from 510 to 1,000 square metre.
Notably, GIDA has emerged as the preferred destination for investors over the last six years, similar to Noida, due to improved law and order situation as well as -friendly and transparent policies of the Yogi government. During the Global Investors Summit held in February, Gorakhpur received Investment proposals worth Rs 1.71 lakh crore.