The Uttar Pradesh government has accorded clearance to 12 industrial projects in Ayodhya.
These projects will bring investment to the tune of Rs 120 crore. Allotment of land to these industrial units is in the final stage.
Of the 12 projects, five units will invest more than Rs 10 crore while three will invest less than Rs three crore.
In the Uttar Pradesh Budget 2022-23, the state government proposed Rs 35 crore for construction of the Central Institute of Petrochemicals Engineering and Technology (CIPET) centre in Ayodhya.