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Indian Textile Journal
Home » 44 companies to invest Rs 8000 crore in Greater Noida
Industry Update

44 companies to invest Rs 8000 crore in Greater Noida

By May 30, 20222 Mins Read
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This will provide employment opportunities to 70,000 youths.

The Greater Noida Authority will witness a ground-breaking ceremony on June 3 in Lucknow. Yogi Adityanath, Chief Minister, Uttar Pradesh, will attend the event. A total of 44 Greater Noida companies are expected to attend the anticipated ground-breaking ceremony as per the India Today report.

These companies will invest almost Rs 8,000 crore in Greater Noida, creating jobs for 70,000 young people.

This groundbreaking ceremony is expected to encourage industrial investment in the state of Uttar Pradesh. Greater Noida is moving towards the food processing, robotics, health care, and electronics industries as a result of this.

The ceremony is attended by all Indian and foreign-based companies that will be establishing their operations. Companies planning to establish units after purchasing land in the Noida, Greater Noida, and Yamuna Authority sectors are also taking part.

Around 44 companies from Greater Noida are participating. Yashoda Hospital and Research Centre, Sharda Hospital’s Trauma Center, Indra Prastha Gas Limited, Lulu Group’s Food Processing Park, and Adverb Technology, a major robotics manufacturer are among the companies represented.

Greater Noida had become a hotbed of industrial investment for Korean and other foreign enterprises. Samkwang India Limited, Stereon India Limited, Dream-Tech Electronics, and Allentech India Limited are among the foreign corporations investing extensively in India.

The state administration has been handed a list of companies that will be present at the ground-breaking ceremony. The programme will be attended by all of the authority’s senior officers.

The state government has been handed a list of companies that will be present at the ground-breaking ceremony. The programme will be attended by all of the authority’s senior officers.

Source: India Today

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