Lucknow: Electronic parks founded by the government along the Yamuna Expressway Industrial Development Authority (Yeida) are expected to attract crore investment rs 50,000 and will provide work to thousands of local youth, Yeida CEO, Dr.
Arun Veer Singh said.
The official said that the decision to establish electronic parks was taken after several companies in this sector approached the government with investment proposals.
“This park is likely to be developed on 250acre both in sector 14 or sector 10 Yeida near the upcoming plane,” Singh said.
He added that cellphones, TV, and other electronic goods manufacturing units will be arranged in the park.
A government spokesman said that since it was decided to establish a refined airport, land was available for 1,942 investors near the airport project in the Yeida area.
This industrialist will invest RS 17,272.74 Crore to establish their factory, which will employ 2,65,718 people.