By Bricksnwall | 2026-05-25
Yeida has allocated
land to 17 enterprises for an investment of Rs 5,800 crore and 10,000
employment, which will help in the development of Greater Noida and support
Noida airport.
GREATER NOIDA: The Yamuna Expressway
Industrial Development Authority (Yeida) has awarded land to 17 companies,
which officials estimate will invest approximately Rs 5,800 crore and create
about 10,000 employment in the region, as companies will start building, it
said on Sunday.
Chief Minister Yogi Adityanath gave allotment
letters to these enterprises for investment in the Yedia area at an event in
Lucknow on Friday, RK Singh, chief executive officer (CEO) of Yeida said in a
release.
These projects are in major sectors like
renewable energy and battery manufacturing, electronics and electrical
equipment manufacturing, IT/ITeS and data processing, transport, micro, small
and medium enterprises (MSME) manufacturing and advanced industrial components
among others, the CEO said.
The state government has established Noida
International Airport in Jewar which will prove to be a vital engine for
regional growth. Accordingly, the latest allotments would build the foundation
for a world-class aerotropolis which will attract global enterprises, boost
exports and give Uttar Pradesh a prominent position on the global investment
map, an official said.
“Through these projects, the state will get
investment of thousands of crores of rupees and over 10,000 jobs will be
generated and growth will be boosted in this region. This region will see new
levels of growth with the airport and fresh investment,” said Banerjee.
The largest investment in the solar and green
energy sector is being made by CESC Green Power Ltd with setting of a 3 GW
capacity solar cell and module manufacturing factory on 100 acres of land in
Sector 8-D, officials said.
HT repeatedly reached out to the two
companies for a reaction but there was no response.
Besides, they said, there are also IT/ITES enterprises of making investment in the area among others.
The Noida airport is set to start commercial
operations from June 15 and Indigo would be the first airline, officials
said.
Source: Hindustan Times