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69 firms allotted land near Jewar airport; Rs 2,300 cr investment expected

Sector 29 is being developed for an Apparel Park project which will house several firms dealing in readymade garments, according to the officials

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Notably, readymade garments are the representative item for Gautam Buddh Nagar under the Yogi Adityanath-led Uttar Pradesh government's 'One District, One Product' initiative.

Press Trust of India Noida (UP)
Notwithstanding the Covid-19 outbreak, 69 firms were allotted industrial land near the upcoming Jewar airport between May and July, with officials expecting investments of over Rs 2,300 crore and creation of over 86,000 jobs in the region.

These firms have been allotted 146.50 hectares of land during the three-month period when economic activities largely remained curtailed due to the pandemic, according to Yamuna Expressway Industrial Development Authority (YEIDA) officials.

There was no industrial land allotment in April, the first month of the current fiscal year.

In May, nine firms were allotted 37.50 hectares of land with a proposed investment of