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44 companies to invest Rs 8000 cr in Greater Noida, ground breaking ceremony on June 3

44 companies to invest Rs 8000 cr in Greater Noida, ground breaking ceremony on June 3

India Today
Sunday, May 29, 2022 03:31:28 AM UTC

At least 44 companies from Greater Noida will participate in a ground-breaking ceremony on June 3. These companies will invest about Rs 8000 crore and will provide employment opportunities to 70000 youths.

The Greater Noida Authority will hold a ground-breaking ceremony in Lucknow on June 3. Uttar Pradesh Chief Minister Yogi Adityanath will be present at the ceremony. As many as 44 companies from Greater Noida will participate in the proposed ground-breaking ceremony.

These companies will invest about Rs 8000 crore in Greater Noida and will provide employment opportunities to 70000 youths.

This ground breaking ceremony will likely boost industrial investment in UP. With this, Greater Noida is making a move towards food processing, robotics, health care and electronics industries.

All Indian and foreign-based companies who will set up their units are taking part in the ceremony. Companies going to set up units after acquiring land in Noida, Greater Noida and Yamuna Authority areas are also participating.

Deep Chandra, ACEO of Greater Noida Authority said that 44 companies from Greater Noida are participating. It includes well-known companies like Yashoda Hospital and Research Centre, Trauma Center of Sharda Hospital, Indra Prastha Gas Limited, Food Processing Park of Lulu Group, Adverb Technology, a leading robotics manufacturer.Also, he emphasised that Greater Noida had become a stronghold of industrial investment for companies from Korea and many other countries. Foreign companies like Samkwang India Limited, Stereon India Limited, Dream-Tech Electronics, Allentech India Limited are investing heavily.

The CEO of Greater Noida Authority, Surendra Singh, held a meeting with his subordinates on Friday and reviewed the preparations for participating in this program.

Singh and Divisional Commissioner Meerut said that the Greater Noida Authority is making continuous efforts to promote industrial investment. The Authority is making every effort so that the companies to whom the land has been allotted can set up their units soon, so that employment can be generated.

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