The acquisition of industrial plots by as many as 1,564 major investors from India and abroad in the last four years of Yogi Adityanath government bears testimony to interest among investors in the YEIDA area.
As many as 1,564 industrialists are making an of about Rs 16,523.83 crore to establish their units in YEIDA area, and they are expected to provide https://exam.pscnotes.com/EMPLOYMENT“>EMPLOYMENT to over 2.6 lakh people. This is for the first time that YEIDA has attracted such a huge Investment.
The investors have already started construction of their manufacturing units and many are close to completion. A case in point is that of Vivo which has set up its mobile phone manufacturing unit in Sector 24 of YEIDA and the production is likely to start in the next four to six months.
The Yingtong Electronic Technology’s unit for manufacturing mobile phone accessories is almost ready in Sector 24 and many companies like Surya Global Flexi Pvt Ltd, Haldiram Snacks Pvt Ltd, Holistic India Kent RO, Orient Fashion Export, Bodycare International are setting up their units in YEIDA.
According to Industry experts, the number of investors in the YEIDA area could go further up remarkably with the beginning of construction of Jewar International Airport. The experts believe that the airport will attract the biggest investors of the world and YEIDA, leaving other industrial development authorities in the state far behind in terms of investments.