Nine companies promising 5,600 jobs allotted land plots in Noida

LUCKNOW: In what could indicate emergence of some green shoots, the Noida Authority has allotted land plots to 9 companies that are expected to collectively bring in an investment of close to Rs 900 crore in the district and provide jobs to 5,600 people in Uttar Pradesh.

The companies that have been granted allotment of land of more than 2.15 lakh square meter include printing unit Replika Press, natural gas distribution company Indraprastha Gas, Complete Surveying Technologies, Durga Fabrics, Mountainview Technologies, Keshoram Manufacturing, MG Capsules , NJD Softek and Vandana Computers. Together, the units will bring revenue of about Rs 300 crore to the industrial authority and about Rs 870 crore worth investment to the district, the NOIDA Authority CEO Ritu Maheshwari shared.

Applicants for land had been interviewed on May 28 and June 4 by the government authority.

Uttar Pradesh has been introducing a raft of policy changes in the last few weeks, all aimed at making it easier for industries to do business in the state. Land availability, especially is being stressed on as a major plank to attract industry , with the UP CM Yogi Adityanath’s directions to officials to maintain a land bank.





[Source – Economic Times]

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