Schedule a Call Back
YEIDA provides land for the development of a plastic park by AIPIA
Industry News- Sep 02,21
YEIDA will give 100 acres of land in Sector 10 for the project, following a demand by the AIPIA. It will have a Rs 75 billion investment and generate employment opportunities for 15,000 people.
Greater Noida, Uttar Pradesh
The Yamuna Expressway Industrial Development Authority (YEIDA) has announced that it will provide land for the development of a plastic merchandise processing park in the region. The YEIDA will give 100 acres of land in Sector 10 for the project, following a demand by the All India Plastic Industry Association (AIPIA).
Officials mentioned that the land purchase process is currently underway and is expected to be done by December 2021. The detailed project report (DPR) is yet to get clearance from the Yamuna Expressway Authority.
Products like packaging material, PVC pipes, farms, agricultural and medical equipment will be manufactured in 150-200 units that would be set up.
Arun Vir Singh, CEO, YEIDA, said that the project will have investments worth Rs 75 billion and is likely to generate employment opportunities for 15,000 people. He added that the industries are being developed in clusters in the Yamuna Expressway region. He noted that there was a keen interest among entrepreneurs having scattered units around Delhi-NCR to come under one roof.
Yamuna Expressway region has already committed land for entrepreneurs Medical Device Park, Toy City, Film City, Handicraft Park, Leather Merchandise Products Park, Data Centre Park, Electric Vehicle City, MSME Park and Apparel Park.
Source – The Times of India
Yamuna Expressway Industrial Development Authority (YEIDA)
Arun Vir Singh
plastic merchandise processing park
All India Plastic Industry Association (AIPIA)
land purchase process
detailed project report (DPR)
packaging material
PVC pipes
Related Stories
Automation & Robotics
McLaren Strategic Solutions to launch development centre in Goa
The facility will launch with 50 skilled IT professionals and is poised to grow to a 500-strong workforce in the coming years.
Read moreProcess Equipment
Lupin’s ESG score rises to 76 in S&P Global ESG Ratings
A strong sustainability framework is at the heart of Lupin’s strategy and the company has integrated it in all its business operations.
Read moreChemicals, Lubricants & Raw Material
Atmus Filtration Technologies inaugurates Pune Technical Center in India
The Pune Technical Center includes a highly equipped laboratory to test and validate filtration products and prototypes, ensuring they meet the stringent performance standards of ISO and SAE bodies...
Read moreRelated Products
Rubber Sheets Material
POLYMERS, RUBBER & PLASTIC PROCESSING MACHINES
Talbros Sealing Material Pvt Ltd offers a wide range of rubber sheets materi Read more
Rail Rubber Pad
POLYMERS, RUBBER & PLASTIC PROCESSING MACHINES
Chamunda Enterprise offers a wide range of rail rubber pad.
Insulation Polyester Film
POLYMERS, RUBBER & PLASTIC PROCESSING MACHINES
TMA International Private Limited offers a wide range of insulation polyester film.
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
