UPSIDA launches footwear park in Kanpur - footwearbiz: Leading site fo

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UPSIDA launches footwear park in Kanpur

03/06/2025
The Uttar Pradesh State Industrial Development Authority (UPSIDA) is developing the state’s first dedicated footwear park in Ramaipur, Kanpur. The ?80 crore project (around $9.6 million) will span 131.69 acres and support MSMEs with Plug & Play infrastructure.

In the first phase, 75 industrial plots are planned, with 26 now available via the Nivesh Mitra portal. The allotment rate is ?4,600 per square metre.

UPSIDA CEO Mayur Maheshwari said the park would drive industrial growth and create thousands of jobs.

Investors must pay 5% of the land cost on application and 20% within 60 days of allotment. The remaining 75% can be paid in instalments over three years at 10% annual interest. Early full payment within 60 days qualifies for a 2% rebate, while anchor units can receive a 10% discount.

The park will offer ready-to-use plots with essential utilities to reduce setup time.

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