Current Affairs Exam

Uttar Pradesh State Industrial Development Authority (UPSIDA) has allotted land to Britain based multinational firm AB Mauri in Pilibhit Industrial Area near Bareilly for its Rs 1,100 crore mega project.

Under the dynamic Leadership of Chief Minister Yogi Adityanath, the UPSIDA has been continuously working towards the 360-degree development of the state since inception.

Attracted by UPSIDAs policy of and convenience of obtaining all land related information on GIS portal of UPSIDA, AB Mauri had expressed its interest in setting up its project in Pilibhit and 257 acres of bulk industrial land was allotted to it for the production of yeast.

With the proposed Investment of Rs 1,100 crore for the project, the company is expected to create 5,000 plus EMPLOYMENT opportunities. The companys forte lies in industrial baking.

The AB Mauri group was formed in 2004 and has its presence across the globe in 32 countries and is operating 52 Plants. The company has a golden heritage of almost 150 years in manufacturing yeast and baking ingredients.

With this mega investment proposal from the company, the UPSIDA is spreading its presence globally. The UPSIDA has allotted land to AB Mauri in spite of the challenging second phase of COVID-19 pandemic and that too in record time.

Exit mobile version