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The Greater Noida Industrial Development Authority (GNIDA) has initiated the allotment of 40 industrial plots in key sectors such as Ecotech, Udyog Kendra, and Udyog Vihar, aiming to foster entrepreneurship and industrial growth in the region. These plots, varying in size from 450 to 8,000 square metres, are priced between INR 28,600 and INR 33,950 per square metre. Entrepreneurs can establish units under 242 permitted categories, with certain restrictions on specific industries. Additionally, GNIDA has commenced the bulk land allotment process for a Multi-Modal Logistics Park near Dadri, covering 174.12 acres, to enhance logistics infrastructure.
The Greater Noida Industrial Development Authority (GNIDA) has commenced the allotment process for 40 industrial plots in strategic sectors, including Ecotech, Udyog Kendra, and Udyog Vihar, as part of its ongoing efforts to promote entrepreneurship and industrial development in the region. These plots, ranging in size from 450 to 8,000 square metres, are priced between INR 28,600 and INR 33,950 per square metre, providing an accessible entry point for entrepreneurs seeking to establish industrial units. Advertisement
Applicants will have the opportunity to set up units under 242 permitted industrial categories. However, certain industries, such as distilleries, petrochemicals, and fertilisers, are excluded from the allotment process. Additionally, industries like dyeing and bleaching may be permitted on a restrictive basis, ensuring that environmental and regulatory standards are upheld.
In parallel, GNIDA has initiated the bulk land allotment process for the development of a Multi-Modal Logistics Park near Dadri. This project, located on Plot No. 1 in Sector Kappa-2, spans an area of 174.12 acres and aims to establish a comprehensive logistics infrastructure, including intermodal container terminals, cargo handling yards, mechanised warehouses, cold storage facilities, logistics terminals, customs clearance zones, freight forwarding services, and transportation hubs. The strategic location of the park, in proximity to Jewar Airport and connectivity to both the Eastern and Western Dedicated Freight Corridors, positions it as a pivotal node in the region's logistics network.
The land allotment rate for the logistics park is set at INR 11,000 per square metre. To qualify for participation in this initiative, developers must have a minimum investment capacity of INR 1,200 crore and at least 10 years of experience in the logistics sector. The application window for this scheme is open until June 23, with the registration deadline on June 16.
This dual initiative by GNIDA underscores its commitment to fostering industrial growth and enhancing infrastructure to support the evolving needs of the region's economy.
These efforts not only aim to attract investment but also seek to create a sustainable and efficient industrial ecosystem that can drive economic growth and employment opportunities in the region.
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