Summary:
The Uttar Pradesh government on Monday announced an Electronics City on a 700-acre land parcel adjacent to the site of the Noida International Airport in Jewar.
While presenting the budget on Monday, the government said the project, which will encourage industries manufacturing electronic components, will be one of its kind in the National Capital Region.
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The Uttar Pradesh government on Monday announced an Electronics City on a 700-acre land parcel adjacent to the site of the Noida International Airport in Jewar.
While presenting the budget on Monday, the government said the project, which will encourage industries manufacturing electronic components, will be one of its kind in the National Capital Region.
The Yamuna Expressway Industrial Development Authority (YEIDA) will not only allocate the land for the project but also develop the city.
Arun Vir Singh, the chief executive officer of YEIDA, said the township would be planned in Sector 7, the block that is adjacent to the airport site.
“Other modalities will be worked out soon.
We have to prepare a detailed project report and finalise the floor area ratio that can be allowed within the sector,” he added.
The UP government has already framed policies pertaining to electronics manufacturing, information technology and start-ups.
Sources said the new city project was aimed at boosting the electronics manufacturing sectoring by offering a slew of incentives.
Earlier, YEIDA had set aside 103 acres in Sector 33 for setting up Electronics City.