road, Garh road, Gagol road (identified by UPSIDC) and Hapur road. 2000 hectares of land is being proposed for industrial development near Delhi–Meerut expressway. Nipro Glass from Japan has set up a large glass plant for medical use. Investment from outside Meerut has started pouring in as Delhi–Mumbai freight corridor and east freight corridor will be intersecting very near to Meerut, making it a cost effective destination for setting up industries. GAIL Gas Ltd is laying infrastructure for piped CNG throughout the city for industrial, domestic and transport use.
Retail
Aside shops representing a range of well-known brands, car showrooms, hotels, bars and clubs, the city's gold market is one of Asia’s largest, employing over 25,000 skilled craftsmen and processing around 60 kilograms of the precious metal per day. The city has over 40 BIS Hallmark showrooms.
The city has a number of shopping malls, including PVS Mall in Shastri-Nagar, Melange Mall in Pallavpuram and Era Mall on Delhi Road. A number of other malls are expected to open soon.
Revenue generation
Meerut has shown healthy numbers in terms of revenue generation. In 2005–06, Meerut occupied the fifth slot and contributed Rs 10,306 crore to the direct tax collection. It slipped to number six in 2006–07 when the revenue collection at Rs 11,203 crore was 18% lower than the target of Rs 13,627 crore. According to statistics compiled by the Income Tax department, Meerut contributed a Rs.10,089 crore to the national treasury in 2007/08, overall it was ranked 9th outperforming Lucknow, Jaipur, Bhopal, Kochi and Bhubaneshwar
