The Uttar Pradesh government is planning to develop an ‘Electronic Park’ for all the electronic devices and accessories near Noida, along the Yamuna Expressway. As per the report, approx Rs 50,000 crore investment will be made and will also promote employment opportunities for the youth, according to Arun Vir Singh, the CEO of the Yamuna Industrial Development Authority.
“The park is likely to be developed in an area of 250 acres either in Sector 14 or Sector 10 of the YEIDA near Jewar Airport,” Singh said in a statement.
“National and international companies making mobile phones, TVs and other electronic goods will establish their units in the park. The investors are impressed by the state government’s policies to promote the electronics industry,” he added.
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Singh, a senior IAS officer, the international airport which is being built by state government in Jewar is a boon for Yamuna Industrial Development Authority In terms of investments in different sectors.
According to reports, work is underway for the Noida International Airport in the Jewar area of Gautam Buddha Nagar district. The airport is billed to be India’s biggest airport upon completion and will be spread over an area of 5,000 hectares.