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Web Exclusive | August 2018

200-acre textile park to come up at Greater Noida

The Yamuna Expressway Industrial Development Authority said that it is in the process of setting up a textile park near the Jewar airport, Noida. The Authority said that it held meetings with Noida Apparel Export Cluster (NAEC) and agreed to allot a 200-acre land to 100 textile businessmen. The move corresponds with the UP government’s One District–One Product (OD-OP) initiative, which aims to give a boost to traditional industries, synonymous with the respective districts. In this respect, Gautam Budh Nagar district is known for ready-made garments.

Arunveer Singh, CEO, YEIDA, said the textile park will give a boost to the industry. “The Jewar international airport will help in the import and export of goods. The land will be allotted to the textile investors in few days. The textile park will also create nearly five lakh employment and 90 per cent of the workers will be women,” he said.

Lalit Thukral, president, NAEC, said the Noida-Greater Noida area is a textile hub. “We produce readymade garments and the annual export is nearly Rs 14,000 crore. The domestic readymade garment market also has an annual turnover of Rs 3,000 crore. The land in Noida and Greater Noida is costly, hence, the businessmen are planning to expand their business in neighbouring areas. Jewar is an ideal option,” he said. The officials expect the textile park to be ready in three years.

The Yamuna Authority issued a list of 240 units for industrial land. The Authority has also put up the information on its website—www.yamunaexpresswayauthority.com. The industries include those for textiles, telecommunications, X-ray machines, air-conditioning, copper metal parts, cotton, cycle, milk testing and its products. In addition to this, if the authority receives any new and unique type non-polluting proposals, they may consider it for allotment.
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