Greater Noida: Five large companies that have taken most of the industry land along the freeway Yamuna are expected to start operating in their facilities in 2022, officials said.
Apart from five companies – two Indian international scores and three Indians are also expected to establish their manufacturing unit next year.
At present, there are no industrial units operating in the region.
According to Yamuna’s authority official, the focus is to develop land parcels in sectors 24, 29, 32 and 33 where five companies have been allocated.
“We are accelerating work to provide allotment to Vivo smartphone manufacturers, Avery Dennison, Surya Global, Sanchi and Bikaner Food.
We have also provided guarantees to toy manufacturers that they will also get in terms of next year,” an official said.
The Chief Executive of Authority, Arun VIR Singh said that these units would produce more than 15,000 jobs.
“Our priority is to start industrial activities along Yamuna’s freeway in a way set for 2022.
Therefore we will accelerate large ticket investment projects and also develop sectors for all other industries.” An officer from the authority’s land division said that as soon as the agreement for international airports in Jiwar was signed, The Allotte had begun to ask questions regularly to get their allotments.
From 2017, the authority had successfully distributed nearly 1,950 plots and allocated 1,200 hectares of land for all industries.
The authority also managed to produce more than Rs 7,000 Crores to date.