Noida eyes Rs 30,000 crore biz via MoUs with firms

Noida | Thursday | 22nd February, 2018

Summary:

NOIDA: The three development authorities of Gautam Budh Nagar—Noida, Greater Noida and Yamuna Expressway— expect to rein in investments worth more than Rs 30,000 crore from the Uttar Pradesh Investors’ Summit 2018 being held in Lucknow. “We want Noida to be a gateway for industrial development and not for real estate,” said Alok Tandon , chairman and CEO (CCEO), Noida Authority. “We have focused on providing entrepreneurs with a conducive environment for setting up industry and to propel industrial growth,” he said. Majority part of the land is located along the Noida-Greater Noida expressway, but some of it is also lies in the old industrial sectors of the city. Around 300 acres of land has been earmarked for the entrepreneurs to set up their stores..