Yamuna Authority Issues Letters of Intent to Eight Industries, Creating Over 18,000 Jobs

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Arpit Soni

Yamuna Authority Issues Letters of Intent to Eight Industries, Creating Over 18,000 Jobs

Greater Noida, June 30: The Yamuna Expressway Industrial Development Authority has taken a significant step towards accelerating industrial growth. On Tuesday, CEO Rakesh Kumar Singh presented Letters of Intent for industrial land allocation to eight investors across various sectors.

The event was attended by Shailendra Kumar Bhatia, the Additional CEO and nodal officer of the investment cell, along with other officials and investors. According to the Yamuna Authority, these eight industrial projects are expected to attract an investment of approximately ₹3,181.20 crores, creating around 18,126 direct job opportunities. The projects will span diverse sectors, including automobiles, electronics, medical devices, food processing, cosmetics, printed circuit board (PCB) manufacturing, and steel furniture.

This initiative is anticipated to significantly enhance the development of the Yamuna Authority area as an industrial hub. The largest investment will come from Madrasan International Limited, which has been allocated 50 acres in Sector 8D. The company plans to establish an automotive components manufacturing unit with an investment of ₹1,156 crores, potentially generating about 8,000 direct jobs.

Additionally, Balr Marketing Private Limited has been allocated 8 acres of land. The company will invest ₹300 crores to set up an integrated smart electrical manufacturing, research, and export-oriented unit, creating around 1,500 jobs. Triveni Almari Private Limited will establish a steel wardrobe and furniture manufacturing unit on 10 acres with an investment of ₹375 crores, expected to provide jobs for approximately 458 individuals.

In the healthcare sector, Anandit Healthcare has been allocated 8 acres to set up a medical and healthcare gloves manufacturing unit with an investment of ₹500 crores, creating about 750 jobs. In food processing, Crispy City Foods Private Limited will receive 4 acres for a food processing and packaging unit, with an investment of ₹122 crores, potentially employing around 4,000 people.

Innovex Products LLP will also establish a food processing and packaging unit on 3 acres with an investment of ₹140 crores, expected to create about 2,000 jobs. In the cosmetics and personal care sector, A G Organic Private Limited has been allocated 3 acres and will invest ₹259.90 crores, generating approximately 1,118 jobs. In the electronics sector, Apar Infratech Private Limited will receive 2.5 acres for a PCB and electronic components manufacturing unit, with an investment of ₹29.30 crores, potentially providing around 300 jobs.

During the event, CEO Rakesh Kumar Singh emphasized the authority’s commitment to providing a transparent, swift, and industry-friendly environment for investors. He noted that these projects will not only accelerate industrial development but also create substantial employment opportunities.

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