The Yamuna Expressway Industrial Development Authority (Yeida), which functions under the Industrial Development Ministry of the Uttar Pradesh government and manages the land along the 165 km long Yamuna Expressway, has been attracting companies from across the world ever since the foundation stone for the Jewar International Airport was laid in Gautam Buddha Nagar district.
Some 16 companies, mostly electronics manufacturing plants associated with a UK-based company, will set up their industrial units. They have been allotted around 130 acres of land in Sector 7 alongside the Expressway. Once these projects are operationalised, they are expected to create huge job opportunities for locals in coming years.
The agreement was signed to open an innovation centre with overseas citizens of India, which would generate employment for 20,000 people in the region. The district expects to host several companies from Japan, South Korea, Sweden and Denmark, and various industrial townships.
