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Greater Noida Authority expects Rs 7,130 cr investment from industrial plots auction

Thursday, 14 Jan 2021
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The Greater Noida Authority is expecting an investment of Rs 7,130 crore from industrial plots auction. 
 
The authority has come up with another scheme of industrial plots and will offer one plot of 12 acre and 15 plots of 2,000 sq mtr anticipating revenue of Rs 78 crore. 
 
Under the online industrial plot allotment open-ended scheme, the authority had 21 industrial plots ranging from 2,000 sq mtr to 80,940 sq mtr in Phase-I. 
 
Domestic as well as international companies are showing interest in investing in Greater Noida. Also, some companies from Japan, Korea and Taiwan, who have electronics manufacturing units, have evinced interest in establishing a similar facility here.
 
The authority has allotted 20 industrial plots in January 2022, which will attract investment of Rs 430 crore and provide employment opportunities to 3,000 people. 
 
In all, 64 industrial plots, spread in 54 acre, were available for allotment. With some companies interested to invest in data centre, the authority expects a total investment of Rs 7,130 crore and job opportunity for 9,000 people.
 
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