Yamuna Expressway Industrial Development Authority Allocates Land for ₹5,800 Crore Investment
Yeida eyes ₹5,800 cr investment, 10k jobs after plot allocations to 17 firms
Hindustan Times
Image: Hindustan Times
The Yamuna Expressway Industrial Development Authority (Yeida) has allocated land to 17 firms, projecting investments of approximately ₹5,800 crore and the creation of around 10,000 jobs in Greater Noida. Key sectors include renewable energy, electronics, and IT.
- 01Yeida's land allotment to 17 companies is expected to generate investments of nearly ₹5,800 crore.
- 02The projects will create approximately 10,000 jobs in sectors like renewable energy, electronics, and IT.
- 03CESC Green Power Ltd. will invest ₹3,805 crore in a solar manufacturing unit, creating about 5,000 jobs.
- 04Integrated Batteries India Pvt. Ltd. plans to invest ₹1,146 crore in a solar PV cell manufacturing unit, generating around 500 jobs.
- 05The Noida International Airport in Jewar is anticipated to enhance regional development and attract global industries.
Advertisement
In-Article Ad
The Yamuna Expressway Industrial Development Authority (Yeida) has announced the allocation of land to 17 companies, which is expected to lead to an investment of approximately ₹5,800 crore and the creation of about 10,000 jobs in Greater Noida. Chief Minister Yogi Adityanath recently handed over allotment letters during a program in Lucknow. The projects span various sectors, including renewable energy, battery manufacturing, electronics, and IT services. Notably, CESC Green Power Ltd. will establish a 3 gigawatt (GW) solar cell manufacturing unit with an investment of ₹3,805 crore, which is projected to create around 5,000 jobs. Additionally, Integrated Batteries India Pvt. Ltd. plans to invest ₹1,146 crore in a 4 GW solar PV cell manufacturing unit, generating approximately 500 jobs. The development of the Noida International Airport in Jewar is expected to act as a catalyst for regional growth, attracting global industries and boosting exports, thereby positioning Uttar Pradesh favorably on the global investment map.
Advertisement
In-Article Ad
The investments and job creation are expected to significantly boost the local economy in Greater Noida.
Advertisement
In-Article Ad
Reader Poll
What do you think about the new investments in Greater Noida?
Connecting to poll...
Read the original article
Visit the source for the complete story.
