UP Government to set up 250 acres electronic park in YEIDA

The UP government will construct an electronic park in the Yamuna Expressway Industrial Development Authority area near Jewar Airport. It is expected to bring an investment of Rs. 50,000 crores and will give employment opportunities to the local youth.

"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," YEIDA CEO Arunvir Singh said. These industrialists will be investing Rs 17,272.74 crore to set up their factories, which will employ 2,65,718 people.

The Park will be developed in 250 acres either in Sector 14, or Sector 10 and the land has been made available to 1,942 investors near the airport project in the YEIDA area.

The work is in progress for the Noida International Airport in Jewar area of Gautam Buddh Nagar district. The airport is said to be India's biggest airport upon completion and will be spread over an area of 5,000 hectares, according to officials.

“The international airport in Jewar being built by the state government is proving to be a "boon" for YEIDA in terms of investments in different sectors”, Singh added.