Land Allotment for Electronics Firms Near Noida International Airport Begins
YEIDA starts allotting land to electronics firms near Jewar airport
The Indian Express
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The Yamuna Expressway Industrial Development Authority (YEIDA) has initiated land allotment for electronics manufacturing companies near Noida International Airport in Gautam Buddha Nagar, Uttar Pradesh, India. Major firms like Havells India and Ascent K Circuit are set to invest over ₹3,800 crore ($460 million USD) to establish manufacturing units, contributing to a larger electronics manufacturing cluster in the region.
- 01YEIDA is allotting land for electronics firms near Noida International Airport.
- 02Havells India and Ascent K Circuit are among the first beneficiaries.
- 03The total investment in the area is expected to reach nearly ₹30,000 crore ($3.6 billion USD).
- 04The project aims to create around 15,000 jobs in the region.
- 05Improved connectivity is expected to further enhance industrial growth.
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The Yamuna Expressway Industrial Development Authority (YEIDA) has commenced the allotment of land plots to electronics manufacturing companies near the Noida International Airport in Gautam Buddha Nagar, Uttar Pradesh, India. This initiative is part of a broader strategy to develop an electronics manufacturing cluster (EMC) in the region. Companies such as Havells India, which has been allotted 50 acres for a consumer goods manufacturing unit, and Ascent K Circuit, which received 16 acres for printed circuit board production, are expected to invest a combined total of over ₹3,800 crore (approximately $460 million USD). Additionally, the area has attracted investment commitments totaling nearly ₹30,000 crore ($3.6 billion USD) across various sectors, including semiconductors and medical devices. The project is anticipated to generate about 15,000 jobs and is supported by improved connectivity through major expressways. The Indian government has previously approved the ₹417-crore EMC 2.0 project, aimed at bolstering domestic manufacturing and employment opportunities.
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The establishment of electronics manufacturing units is set to significantly boost local employment and economic activity in Gautam Buddha Nagar, Uttar Pradesh.
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