The Yamuna Expressway Industrial Development Authority (YEIDA) has issued a letter of intent (LoI) to global tractor manufacturer New Holland, planning to allot 100 acres of land in Sector 8D near the upcoming Noida International Airport.
The company intends to establish a manufacturing unit for tractor engines and related equipment, with an investment of approx. Rs 5,000 crore. This development is expected to generate significant employment opportunities for local youth. The proposal, submitted by New Holland, is currently under review by Invest UP, the state investment facilitation agency, for approval.
Once cleared by the Uttar Pradesh government, the formal land allotment process will commence.