GNIDA and YEIDA to set up country-specific clusters for industry

Greater Noida and Yamuna Expressway Industrial Development Authority (YEIDA) area could soon be hosting expatriates from across the world. Greater Noida Authority will soon develop industrial clusters specific to countries from around the world who are interested in setting up shop. “A meeting to discuss the proposal was held with Sanjeev Saran, Uttar Pradesh Principal Secretary (IT) on Wednesday,” Deepak Agarwal, chief executive officer (CEO), Greater Noida Industrial Development Authority (GNIDA) told TOI. In the first phase, 3000 acres of land will be developed and the project is likely to invite an investment of Rs 30,000 crores.

According to Agarwal, the proposal has been formulated keeping in mind the growing demand from global industries. “We have been receiving enquiries from several countries including Japan, Taiwan, China, etc for developing food processing units and for setting up their mobile manufacturing hubs in Greater Noida,” he explained.

“Considering this demand, the government is exploring setting up tailor-made, dedicated, country-specific clusters, which would depict each country’s eco-system and comfort zone. These clusters would be self-sufficient and have all trimmings that would make life for the expatriates, comfortable. These clusters would have a processing area, where manufacturing facilities, along with associated logistics and other services and required infrastructure will be located, and a non-processing area, to include residential, commercial and other social and institutional infrastructure,” he added.

Source:http://timesofindia.indiatimes.com/city/noida/GNIDA-and-YEIDA-to-set-up-country-specific-clusters-for-industry/articleshow/55212143.cms?from=mdr