AB Mauri will invest about Rs 1,100 crore to establish a greenfield yeast manufacturing plant in Pilibhit district of Uttar Pradesh creating fresh job opportunities for more than 5,000 people.

Uttar Pradesh State Industrial Development Authority (UPSIDA) has allotted nearly 257 acres of land to MNC at Bhara Pachpedwa village in Pilibhit district.

“Since, the project would be developed in Pilibhit flanking the Bareilly-Haridwar highway, it would cater to the markets in both UP and the adjoining state of Uttarakhand,” according to a report in Business Standard.

In February, the Yogi government had approved a 700-acre Electronics City project near the upcoming Noida International Airport; the government estimates that the project would attract investments to a tune of Rs 40,000 crore.