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Nine companies purchase land in Yamuna Expressway area

Wednesday, 14 Aug 2019
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The Yamuna Expressway industrial Development Authority has received Rs 499.46 crore investment as nine firms have purchased land to set up their businesses along the 165 km Yamuna Expressway.

Ten companies in July 2019 had submitted their proposals, expressing their intention to set up businesses. Out of 10, six industrial allottees have been allocated plots so far.

The YEIDA has allotted 39 acre land to six industrial firms. Three investors were allotted 2.5 acre of institutional land. The industrial firms deal in manufacturing of steel girders, railway components, electrical control panels, etc.

Plots were also alloted for a food processing unit and cold storage for vegetables and beverages. The committee on 2 August 2019 had approved the proposals of the six industrial firms, which are expected to generate 1,146 jobs. The three institutional firms are expected to generate 200 jobs in their units.

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