YEIDA to Develop Rs 4.5 Bn Electronics Hub Near Noida
AVIATION & AIRPORTS

YEIDA to Develop Rs 4.5 Bn Electronics Hub Near Noida

The Yamuna Expressway Industrial Development Authority (YEIDA) has launched the process to appoint a consultant for designing and managing infrastructure development of a Rs 4.5 billion electronics technology hub in Sector 10, close to the upcoming Noida International Airport.

Spanning 206 acres, the project is scheduled for completion by January 2028 and is expected to generate over 31,000 jobs—11,000 direct and 20,000 indirect. Its strategic location near the Delhi-Mumbai Industrial Corridor, dedicated freight corridors, and the airport enhances its appeal to domestic and international electronics manufacturers.

Havells India will serve as the anchor unit, having been allotted 50 acres. The company will invest Rs 8 billion to set up a manufacturing plant for fans, air conditioners, switchgear, cables, and lighting products. The facility is expected to be operational by 2026 and will provide over 1,000 jobs in its first phase.

The Centre has sanctioned Rs 1.44 billion under the Electronics Manufacturing Cluster (EMC) 2.0 scheme, while YEIDA will fund the remaining Rs 3.4 billion. The remaining 156 acres comprise 66 industrial plots of various sizes and 39 acres earmarked for roads, utilities, and green zones.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Yamuna Expressway Industrial Development Authority (YEIDA) has launched the process to appoint a consultant for designing and managing infrastructure development of a Rs 4.5 billion electronics technology hub in Sector 10, close to the upcoming Noida International Airport.Spanning 206 acres, the project is scheduled for completion by January 2028 and is expected to generate over 31,000 jobs—11,000 direct and 20,000 indirect. Its strategic location near the Delhi-Mumbai Industrial Corridor, dedicated freight corridors, and the airport enhances its appeal to domestic and international electronics manufacturers.Havells India will serve as the anchor unit, having been allotted 50 acres. The company will invest Rs 8 billion to set up a manufacturing plant for fans, air conditioners, switchgear, cables, and lighting products. The facility is expected to be operational by 2026 and will provide over 1,000 jobs in its first phase.The Centre has sanctioned Rs 1.44 billion under the Electronics Manufacturing Cluster (EMC) 2.0 scheme, while YEIDA will fund the remaining Rs 3.4 billion. The remaining 156 acres comprise 66 industrial plots of various sizes and 39 acres earmarked for roads, utilities, and green zones.

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Next Story
Products

EUROBOND Expands NABL Accreditation to 51 Testing Parameters

EUROBOND, the flagship brand of Euro Panel Products, has expanded the National Accreditation Board for Testing and Calibration Laboratories (NABL) accreditation of its in-house laboratory from 16 to 51 mechanical and chemical testing parameters, making it the only Indian aluminium composite panel (ACP) manufacturer with accreditation covering such an extensive testing scope.The expanded accreditation enables the company to independently test coils, coatings, cores, aluminium composite panels (ACP) and metal composite panels (MCP) in accordance with international standards, including IS, ASTM, ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement