Haier to invest Rs 30.69 bn to set up manufacturing units in Greater Noida

Haier Appliances will invest Rs 30.69 billion to establish manufacturing units at an industrial township in Greater Noida, UP, DMICDC said on Wednesday.

The consumer electronics company expects to generate direct employment for 3,950 people with this project, Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) said in a statement.

It has been allotted 123.7 acre of land in the DMIC Integrated Industrial Township Greater Noida (IITGN) project for setting up manufacturing units, it said.
 

Besides, Chinese Mobile maker Forme's Indian subsidiary Forme Trading has been allotted 3.5-acre land in IITGN for the same purpose.

"Forme Trading plans to invest Rs