Land will be allotted to three big companies in Yamuna Expressway area, more than Rs 3400 crore investment and 5700 job opportunities will be created. Tractors, construction and food processing units will give new impetus to industrial development in UP.
These days a big change is quietly taking place in Uttar Pradesh. While earlier Yamuna Expressway was known only for fast travel, now this area is becoming a new center of big investment and employment. In the latest decision, land has been allotted to three big companies, which will not only provide jobs to thousands of youth but will also give a new impetus to the industry of the state.
Investment of more than 3400 crores, more than 5700 jobs
A total investment of more than Rs 3,400 crore is going to come from this land allotment in Yamuna Expressway Industrial Development Authority (YEIDA) area. With this, more than 5,700 employment opportunities will be created. This decision is considered to be part of the state government’s strategy to promote investment.
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Escorts Kubota will set up the largest plant
Escorts Kubota Limited has been given about 154 acres of land in Sector-10. Here the company will set up a unit to make tractors and construction equipment.
- Investment: Around Rs 2,029 crore
- Employment: about 4,000 people
This plant will play an important role in strengthening the agriculture and infrastructure sectors.
CNH Industrial also has a big stake
CNH Industrial India Pvt. Ltd. Has been allotted 100 acres of land in Sector-8D. The company will set up a tractor manufacturing unit here.
- Investment: Rs 1,219.81 crore
- Employment: approximately 1,200 people
With this investment, Uttar Pradesh can become a big hub for agricultural machinery manufacturing.
Power to food processing from Sun Organic
Sun Organic Industries Pvt. Ltd. Has been given 30,000 square meter land in Sector-8D. The company will set up a dry fruit processing and packaging unit.
- Investment: Rs 225.16 crore
- Employment: 569 people
This will boost the food processing sector and increase employment at the local level.
Why is the importance of Yamuna Expressway increasing?
According to experts, this entire development has not happened suddenly. Many reasons account for this:
- industry friendly policies
- Easy approval through single window system
- Better road and logistics connectivity
- Location near Delhi-NCR
This is the reason why big companies are now coming forward rapidly to invest in this sector.
Economy will get a big boost
With the commencement of these projects, not only employment will increase, but supply chain, transport and small businesses in the surrounding areas will also grow rapidly. This will have a direct impact on the local economy. The state government aims to make Uttar Pradesh a $1 trillion economy, and this investment in the Yamuna Expressway area is considered a strong step in that direction.
Yamuna Expressway is no longer just a road but is becoming the identity of the industrial future of Uttar Pradesh. The speed at which investment is coming here makes it clear that in the coming time, this area can be included in the major industrial hubs of the country.
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