GBC-5: Rs 1,000cr investment push to create 2,000 jobs in Bahraich
Bahraich: The district is poised for a significant industrial push, with investment proposals worth nearly Rs 1,000 crore being finalised ahead of the upcoming Ground Breaking Ceremony-5 (GBC-5). Once operational, the proposed projects are expected to generate direct employment for around 2,000 youths.
According to officials, investment proposals worth approximately Rs 872 crore have already been formally received, while the remaining proposals are currently under various stages of approval and processing.Driven by the proactive efforts of the district administration and the Industries Department, Bahraich is rapidly emerging as an important industrial destination in the region. The proposed investments span diverse sectors, including distilleries, plastics, compressed biogas (CBG), resorts, wire manufacturing, and food processing.
Among the major projects, Petronet LNG Limited has proposed an investment of Rs 100 crore for establishing a CBG biogas plant in the Kaiserganj area. The project is expected to be one of the largest employment-generating ventures among the proposed investments.
Another significant proposal includes a Rice Bran Solvent Extraction Plant by Rava Solvex, involving an investment of Rs 35 crore in the Risia area. Additionally, a welding rod manufacturing plant has been proposed with an investment of Rs 31.46 crore.
The industries department has also received proposals for Pranay Pavilion Resort worth ₹18 crore and Shri Shyam Udyog’s Murmura Processing Plant with an investment of Rs 15 crore.
So far, proposals for setting up 97 industrial units involving investments of Rs 872 crore have been received. Officials indicated that following land allocation and foundation ceremonies expected by November, installation of these units will commence. The projects are anticipated to provide direct employment benefits to nearly 2,000 locals.
The district has already witnessed significant progress under GBC-4, where nearly 90 per cent of the 117 approved units have become operational. These projects, involving investments of around Rs 1,956 crore, have already generated employment for approximately 1,000 people, while work on the remaining units is in its final stages.
DM Bahraich Akshay Tripathi told TOI, stated that against the target of Rs 1,000 crore in investments, proposals worth Rs 872 crore have already been received from companies operating across multiple sectors. He expressed confidence that the establishment of these units would create substantial employment opportunities and further strengthen the district’s industrial development.
Among the major projects, Petronet LNG Limited has proposed an investment of Rs 100 crore for establishing a CBG biogas plant in the Kaiserganj area. The project is expected to be one of the largest employment-generating ventures among the proposed investments.
Another significant proposal includes a Rice Bran Solvent Extraction Plant by Rava Solvex, involving an investment of Rs 35 crore in the Risia area. Additionally, a welding rod manufacturing plant has been proposed with an investment of Rs 31.46 crore.
The industries department has also received proposals for Pranay Pavilion Resort worth ₹18 crore and Shri Shyam Udyog’s Murmura Processing Plant with an investment of Rs 15 crore.
So far, proposals for setting up 97 industrial units involving investments of Rs 872 crore have been received. Officials indicated that following land allocation and foundation ceremonies expected by November, installation of these units will commence. The projects are anticipated to provide direct employment benefits to nearly 2,000 locals.
The district has already witnessed significant progress under GBC-4, where nearly 90 per cent of the 117 approved units have become operational. These projects, involving investments of around Rs 1,956 crore, have already generated employment for approximately 1,000 people, while work on the remaining units is in its final stages.
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