- By Kamakshi Bishnoi
- Fri, 16 May 2025 02:02 PM (IST)
- Source:JND
In a cabinet meeting held on Thursday under the leadership of Chief Minister Yogi Adityanath, approval was granted to issue Letters of Comfort (LoC) to five industrial units to boost industrial investment in the state. JK Cement Limited will receive LoC for an investment of Rs 450.92 crore in Prayagraj.
Moon Beverages Limited is set to invest Rs 469.61 crore in Hapur, Silverton Pulp and Paper Private Limited Rs 403.88 crore in Muzaffarnagar, Global Spirits Limited Rs 399.74 crore in Lakhimpur Kheri, and Chandpur Enterprises Limited Rs 273.9 crore in Bijnor.
Additionally, the cabinet approved the issuance of LoC for the renaming of Shri Cement North Pvt. Ltd. The High Level Empowered Committee (HLEC), chaired by the Chief Secretary, had recommended these approvals during its meeting on January 15 under the Industrial Investment and Employment Promotion Policy-2022.
Industrial Development Minister Nand Gopal Gupta Nandi also announced that the cabinet approved the issuance of LoCs to RCCPL Private Limited’s Rae Bareli unit to include two products — Portland Pozzolana Cement (PPC) and Ordinary Portland Cement (OPC) — under the same category. Both products attract a GST rate of 28 percent, and the decision aims to streamline classification by treating them as a single category rather than separate ones.
