Export Promotion Industrial Park, Gautam Budh Nagar and Agra

Export Promotion Industrial Park, Gautam Budh Nagar and Agra

Export Promotion Industrial Park, Gautam Budh Nagar and Agra
Export Promotion Industrial Park, Gautam Budh Nagar
and Agra

The Uttar Pradesh State Industrial Development Corporation has acquired 200 acres of land in Greater Noida and is developing it to set up an export promotion industrial park with modern infrastructural facilities.

A single-window system will be adopted to encourage entrepreneurs to set up units. About 75 per cent of the capital expenditure (excluding the cost of the land) will be borne by the Central Government in the form of a grant.

It will provide additional grants of 2 per cent of the export turnover of each unit – every year for the first five years of operation. Units in the park are expected to export a minimum of a third of their turnover.

1. Greater Noida

Park Location

EPIP Greater NOIDA has been developed at about 35 km from Delhi on 200 acres of land at a cost of 2000 lacs with infrastructure facilities at par with international standards. The Park has been assured high quality power with excellent backup services through a private sector RPG Group Company.

Objective & Facilities

In this park, it is proposed to provide the infrastructure facilities to the units to boost-up the export of various commodities and services. This will help in increasing the foreign exchange reserves in India. Units in EPIP will have a minimum export committment of 33% of their production.

Current Status
169 units have started Production and exports. 36 units have started construction of factory building.

2. Agra

Park Location

EPIP Agra has been developed at Shastripuram, Agra on area of 102 acres of land at cost of Rs.2100 lacs to provide Industrial Infrastructure to export oriented units.

Objective & Facilities

In this park, it is proposed to provide the infrastructure facilities to the units to boost-up the export of various commodities and services.This will help in increasing the foreign exchanges reserves in India. Units in EPIP will have a minimum export commitment of 33% of their production.

Current Status

Most of the plots have been alloted and several units have started construction activities.

Musing India
Author: Musing India

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