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Chenfeng Tech to infuse Rs 600 cr at Greater Noida township

Monday, 18 Oct 2021
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Chinese firm Chenfeng Tech is set to invest Rs 600 crore at the Integrated Industrial Township Greater Noida (IITGNL) where it plans to set up a plant to manufacture components for LED streetlights.

A groundbreaking ceremony was conducted and the unit is likely to become operational within one-and-a-half years. It is the fifth foreign company to invest in the township.

This company will invest about Rs 600 crore and the plant is expected to generate employment opportunities for about 5,000 people. One of its plants is already operating in Sector Ecotech 1, Extension 1.

The Multimodal Transport and Logistics Hub (MMTLH) at Bodaki, the Noida International Airport at Jewar, the Dedicated Freight Corridor Corporation’s (DFCC) and the Eastern and Western railway corridors will improve connectivity in the region.
 
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