+
UP To Build Rs 1.25 Billion MSME Factory In Greater Noida
ECONOMY & POLICY

UP To Build Rs 1.25 Billion MSME Factory In Greater Noida

The Uttar Pradesh government has announced plans to construct a flatted factory complex in Greater Noida at an estimated cost of Rs 1.25 billion, aiming to strengthen its micro, small and medium enterprise (MSME) sector and advance its goal of becoming a USD 1 trillion economy.

According to an official statement, the project is part of the state's larger vision to position Uttar Pradesh as a prominent industrial hub. The initiative places emphasis on boosting MSMEs alongside the development of heavy industries.

The Yamuna Expressway Industrial Development Authority (YEIDA) will lead the development of the facility in Sector 28 of Gautam Buddha Nagar. The proposed multi-storey factory complex will cover an area of over 38,665 square metres and will offer ready-to-use industrial units suited for manufacturing, assembly, and storage operations.

A flatted factory is designed to accommodate multiple businesses within a single building, providing cost-effective, fully equipped workspaces. The upcoming factory will feature all essential infrastructure, including internal water supply, power, fire safety systems, lifts, and modern HVAC installations.

Preparatory work, including the master plan and technical documentation, is currently underway, with the construction expected to be completed within 24 months. Officials believe the facility will attract new investments, spur regional economic growth, and generate significant employment opportunities, especially for the youth.

The complex is also being designed to be future-ready, ensuring it meets evolving industrial requirements while providing a robust platform for MSMEs to thrive.


The Uttar Pradesh government has announced plans to construct a flatted factory complex in Greater Noida at an estimated cost of Rs 1.25 billion, aiming to strengthen its micro, small and medium enterprise (MSME) sector and advance its goal of becoming a USD 1 trillion economy.According to an official statement, the project is part of the state's larger vision to position Uttar Pradesh as a prominent industrial hub. The initiative places emphasis on boosting MSMEs alongside the development of heavy industries.The Yamuna Expressway Industrial Development Authority (YEIDA) will lead the development of the facility in Sector 28 of Gautam Buddha Nagar. The proposed multi-storey factory complex will cover an area of over 38,665 square metres and will offer ready-to-use industrial units suited for manufacturing, assembly, and storage operations.A flatted factory is designed to accommodate multiple businesses within a single building, providing cost-effective, fully equipped workspaces. The upcoming factory will feature all essential infrastructure, including internal water supply, power, fire safety systems, lifts, and modern HVAC installations.Preparatory work, including the master plan and technical documentation, is currently underway, with the construction expected to be completed within 24 months. Officials believe the facility will attract new investments, spur regional economic growth, and generate significant employment opportunities, especially for the youth.The complex is also being designed to be future-ready, ensuring it meets evolving industrial requirements while providing a robust platform for MSMEs to thrive.

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?