YEIDA to Develop Rs 4.5 Bn Electronics Hub Near Noida

23 May 2025 CW Team

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.

Equipment

03 Dec 2025

ABB India Unveils ACS380-E Drive for High-Performance Automation

ABB India has launched the ACS380-E drive, a next-generation machinery drive designed for automation-centric machine building, adding to its all-compatible drive portfolio. The solution simplifies machine integration and is future-proofed for industrial automation with advanced connectivity, faster commissioning and built-in cybersecurity capabilities.The ACS380-E features integrated dual Ethernet ports for plug-and-play communication with all major industrial automation networks, eliminating the need for separate modules and reducing installation complexity. The drive also supports fast USB-C..

Cement Makers Positive on H2 Demand Outlook

The leading cement producers have posted high single-digit volume growth and better sales realisation in the July–September quarter, setting a positive tone for the second half of FY26. Companies are upbeat on demand prospects, supported by a strong housing sector and continued government spending on major infrastructure projects. UltraTech, Ambuja Cement, Shree Cement, Dalmia Bharat and Nuvoco Vistas recorded revenue growth of up to 18 per cent in the September quarter. The rise was driven by firm realisations, softer input costs and an increased share of premium products. With coal price..

Odisha Targets Role as MSME Hub for Eastern India

Odisha has set its sights on becoming the MSME gateway of eastern India, Chief Minister Mohan Charan Majhi said at the Odisha Industrial Conclave 2025, organised by Laghu Udyog Bharati (LUB). Calling the state a land of possibilities, he noted that Odisha has emerged as a leading destination for micro, small and medium enterprises.He said that reforms such as the Go-Swift single-window system now allow project approvals within a day. Odisha has also invested 6.1 per cent of its GDP in infrastructure development, which is expected to further accelerate industrial and MSME growth.Majhi emphasise..