Noida – An Ideal Industrial Area , there are 6014 manufacturing units

An Ideal Industrial Area
Last year Noida has earmarked 7,10,000 sq.mtr. land for different Industries. There are 6014 manufacturing units here. With an investment of about 12710 crore rupees, these industries provide employment to over 94736 people. To help establish industries, many industry-friendly simplified measures have been introduced. As a result, now building plans conforming to by-laws need not wait for approval for commencement of construction. Non-interested entrepreneurs can exercise the option of post-allotment “surrender without tears”. The requirement of seeking permission for mortgaging” fully paid” industrial plots, have been done away with. At the time of transfer of industrial property, the requirement of getting clearance certificate from other departments of the UP Government has been removed.
The NOIDA Software Technology Park (STP) ranks second in the country in terms of export turnover and the Infotech Park (ITP) on 100 acres of land with state-of-the-art infrastructure, housing about 152-200 units make NOIDA the epicenter of IT Revolution.
NOIDA Export Processing Zone (NEPZ), a 100% export oriented unit and the only land locked export processing zone in the country, housing industries like Electronics, Textiles, Engineering, Computer Software, etc. recorded a turnover of Rs. 846.20 Crores in the current year
Realising NOIDA’s potential, many reputed industrial houses both at home and abroad have made NOIDA the pivot of their operations. M/s Motwane Laboratories, America (Known for their reputed medicines) have been alloted 300 acres of land out of which 100 acres will be utilised by for establishing a bio-tech university. This will be the first bio-tech university of Asia which will give a new lease of life to the bio-tech students of our country.

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