Yogi government to build a grand ‘flatted factory complex’ for the gold jewelry industry in Meerut
Lucknow| Yogi government, committed to making Uttar Pradesh a better state, is now going to take steps towards providing new impetus to the jewelry industry in Meerut. According to the vision of CM Yogi, a multi-storey ‘flatted factory complex’ will be constructed in Vedvyas Puri, Meerut to promote gems and gold jewelry industry. Work on the detailed project report has started implementing the detailed action plan prepared by Meerut Development Authority (MDA). Under the project, a target has been set to complete the construction and development works in a time period of 24 months and the construction process can also start from the end of November.
This flatted factory has a 32,000 square meter spread area and is based on Strategic Location. The area marked for the construction of the flatted factory is located on the Meerut-Haridwar Highway and its distance from the Delhi-Meerut Highway is only three kilometers, while its distance from the Ganga Expressway is 20 kilometers. Not only this, it will be located just 1.5 kilometers from the National Institute of Jewelry Technology campus. It will also have good connectivity through Eastern Peripheral Expressway from Jewar Airport and can be reached in just 45 minutes.
The jewelry industry of Meerut holds great importance in the state. There is also a fact that the turnover of the jewelry industry here is more than 2,000 crores per year and more than 40,000 goldsmiths, Ratnakars and jewelers are working under this industry. Keeping these things in mind, National Institute of Jewelry Technology (NIGTM) was also established in Meerut in the year 2016.
For a long time, the gems and jewelry industries of Meerut have been demanding that there is a need to expand the traditional bullion market here. In such a situation, CM Yogi’s new effort will not only fulfill this demand but will also become a medium to generate many new employment opportunities not only in this industry but also in the surrounding areas, keeping in mind the future needs. With this, the sector will develop as an expanding hub of the jewelry industry. Where industrialists and common citizens from various areas of Haryana including Delhi, Ghaziabad, Noida and Faridabad will be able to come here to purchase jewelry.
Under the project, the complex of the flatted factory will be equipped with modern trunk facilities and plug and play infrastructure. This complex will be built with ‘State of the Art Automation’, which will make it world class amenities. This will create endless opportunities for development and progress of Meerut and Vedvyas Puri. It will have the facility of lift system, intelligent security, lighting and parking system. There will also be common exhibition and conference venues in the ‘Flatted Factory Complex’. It will be tailored to modern standards of sustainability and will be equipped with a universal governance interface. Apart from having show rooms and factories for entrepreneurs associated with gem and gold jewelry industry, non-polluting startups and sectors will also get space in the campus.
