UP to promote Noida, Greater Noida & Yamuna Expressway as economic hub

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The Uttar Pradesh state government plans to promote Noida, Greater Noida and Yamuna Expressway on Delhi’s outskirts as electronics manufacturing zone to promote the state as an ideal investment destination.

Uttar Pradesh, Noida, Greater Noida, Yamuna Expressway, electronics, investment, India
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Additional chief secretary (IT and Electronics) Sanjiv Saran told PTI that the plan is to set up country-specific industrial parks which will virtually act as a home away from home for the foreign companies.

Saran further informed that India’s software export is to the tune of USD 160 billion. Of this, Noida and Greater Noida alone account for 6 per cent. He also said that the state is already home to 45 per cent of the mobile manufacturing in India.

Various sources have stated that out of the 38 manufacturing units of mobile phones in the country, Noida and Greater Noida single-handedly boast to hosting 13 of them. These units contribute 50 per cent or 11.25 crore handsets that are sold in the country.

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Besides, there are 58 companies based in Noida and Greater Noida which manufacture mobile phones and accessories and components such as chargers, earphones and headphones.

Considering UP to become a favorable investment destination in the upcoming days he said that looking at the favorable environment, mobile manufacturers are keen to set up their production here not only to cater to Indian markets but to export to neighboring countries also.

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