The industrial town of Agra is set to get UP’s first flatted factory complex. Spread over 5 acres, the Rs 125 crore project will comprise 68 industrial units spread across four stories of the proposed complex.
Flatted factory complex is an industrial building of more than one storey, usually with two or more goods lifts, and constructed or converted for multiple occupation. The building is subdivided into small, separately occupied units which are used for manufacturing, assembly and associated storage. Flatted factory complex allows for the setting up of a large number industries within a limited space. The concept is best suited where space is a constraint.
Equipped with modern industrial amenities, the complex will house non-polluting units manufacturing footwear, bicycles, hosiery, handlooms, carpets, leather goods, electric lamps, embroidery, woollen clothes, apart units involved in tea packaging, information technology, light engineering etc.
The complex will be located at a distance of 10 km from the Agra-Lucknow Expressway, thus providing easy connectivity to markets beyond Agra and UP as well. Moreover, the complex will provide ample parking space and conference facilities for the entrepreneurs, exhibition arcade, food court, data centre etc.
It may be recalled here that the UP government last month had announced its new investment policy to give a fillip to industries. The new policy is expected to not only boost existing and new industrial projects, but also position UP strategically for prospective global investors planning to shift their manufacturing bases out of China following the outbreak of pandemic and the ongoing US-China trade war.