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Corporations/ Associations/ Others | Uttar Pradesh - India | PID: 202416
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Yamuna Expressway Industrial Development Authority (YEIDA) has decided to establish four integrated special economic zones (SEZs) on 10,500 hectares near Agra
During a meeting held on 30 January, 2024, the YEIDA Board approved the project within a one and-a-half km radius on both sides of the Yamuna Expressway near Agra. The board also approved YEIDA’s Master Plan 2041, a blueprint for the next 18 years for developing areas under its jurisdiction. A consultant has been directed to submit a master plan within the next two months
The upcoming SEZs will house electronics and electric vehicle (EV) manufacturing clusters and data centres, which will operate as independent townships with residential, commercial, and institutional facilities for employees and workers developed around them. The industrial townships will feature significant green spaces, and will only allow non-polluting industries, given the zone is environmentally sensitive
There will be special attention on developing the tourism and hospitality sector in the region, as well, due to its proximity to the Taj Mahal and other tourist destinations. Industries will take up 25 percent of the land, residential areas 20 percent, recreational green spaces 17 percent, transportation facilities 13 percent, institutional and tourism areas seven percent each, commercial areas four percent, and others seven percent
The YEIDA Board approved an aviation hub, as well, on 1,050 hectares near the upcoming airport along the Noida-Yamuna Expressway (YXP). The Authority will soon appoint a consultant to prepare a detailed project report. Industries manufacturing planes, engines, and spare parts will come up in the hub. In another significant development, the board allocated 125 acres in Sector-28 for a semiconductor park that the Hiranandani Group is ready to set up. Earlier, the Authority had set aside 91 acres for the park, but the board gave its in-principle approval to the changes in the layout
Tarq Semiconductors under the Hiranandani Group had filed an application with the Central government under the Indian Semiconductor Mission (ISM) scheme in April last year, and the minimum land requirement is 125 acres under the scheme. Of the 125 acres, 114 acres will be designated for industries and 11 acres for green spaces where no construction will be allowed. The company will get the land after approvals from the Centre and the UP Cabinet
the Board granted approval for setting up air quality monitoring systems at two locations, acquiring five water sprinkler trucks, and anti-smog guns. These works require at least Rs three crore. In addition, the Board also approved the proposal to exclude institutional land for schools, colleges, and universities seeking land parcels of 10 acres or above from the e-auction process
| Updated on: 31 - Jan - 2024
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