Noida: Yamuna Expressway Industrial Development Authority (YEIDA) handed over letters of intent (LoIs) to four companies on Thursday for projects spanning integrated packaging, hyperscale data infrastructure, advanced manufacturing and apparel exports, with a combined proposed investment of about Rs 1,220 crore and employment potential of over 7,000 people.
Officials clarified the letters have been issued as in-principle approval and do not constitute final land allotment. State govt approval is still awaited before the actual allotment is completed and the lease deed is executed.
GNIPL, a subsidiary of Singapore-headquartered (USEL), was issued an LoI for 50 acres in Sector 8D under Master Plan 2041 to set up an integrated packaging hub with a proposed investment of Rs 750 crore. The LoI was handed over in the presence of GNIPL director Prashant Mukherjee.
The proposed ‘Universal Packaging Hub' will be developed as a multi-project integrated packaging campus catering to fast-growing domestic and export markets in fast-moving consumer goods (FMCG), pharmaceuticals, e-commerce and industrial sectors. The project is expected to generate employment for over 6,000 people.
Officials said the project's proximity to the upcoming Noida International Airport will provide strong multimodal connectivity and access to evolving logistics infrastructure, enhancing its competitiveness as a regional distribution and manufacturing centre.
GNIPL is the Indian arm of USEL, a diversified multinational group engaged in industrial and logistics parks, data centres, mega township development, energy resources and hospitality.
BK Sales Corporation announced plans to set up a hyperscale data centre along the Yamuna Expressway in two phases with a total investment of around Rs 400 crore. Two advanced data centre buildings with a planned capacity of about 7,000 server racks will be developed under the project on a 5-acre plot in a YEIDA sector. Commercial operations are targeted to start within 18 months of land transfer.
The facility will cater to enterprises, govt bodies and digital businesses, with a focus on high-density digital operations and the fast-growing artificial intelligence segment, officials said. Around 100 skilled professionals are expected to be employed upon full commissioning.
Officials said renewable energy solutions, advanced cooling technologies and energy-efficient power systems will be deployed to reduce electricity consumption and carbon emissions.Italy-based Simplast Group will invest Rs 70 crore, including 50% foreign direct investment (FDI), to establish a manufacturing facility on a 3-acre plot in the YEIDA area. The unit will manufacture advanced plastic and rotational moulding products for the automobile industry.
Noida-based Sahu Exports received an LoI for the allotment of 2.5 acres in Sector 29 to expand its apparel manufacturing operations. The proposed facility will house advanced lacework and embroidery units equipped with modern machinery to enhance production capacity and design innovation. The expansion is expected to generate around 1,000 direct jobs.
YEIDA CEO RK Singh said that the projects underline the Authority's strategy to develop a world-class industrial ecosystem along the Yamuna Expressway and position the region as a major hub for packaging, digital infrastructure, manufacturing and global investment in north India.
Aditya Dev is an assistant editor at The Times of India. He repor...
Read MoreAditya Dev is an assistant editor at The Times of India. He reports on all three industrial development authorities — Noida Authority, Greater Noida Authority, and Yamuna Expressway Authority — focusing on real estate, infrastructure, and government policies that impact industry and commerce. He also covers court cases involving developers and industries in the NCLT, Allahabad High Court, and the Supreme Court. With over 17 years of experience in journalism across various cities, he has reported on a wide range of beats, including health, education, crime, courts, and the environment. He is driven by curiosity, on-ground reporting, and a commitment to fact-based, impactful journalism.
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