The Uttar Pradesh government is setting up an apparel park cluster in the Yamuna Expressway Industrial Development Authority (YEIDA) as part of its drive to develop industrial areas in the form of clusters in the state.
This will be the first industrial cluster to be established by the YEIDA and entrepreneurs are showing great enthusiasm to invest in it. Despite allotment of plots, more than 70 industrial units are still looking for land in the textile cluster located in YEIDA.
It is noteworthy that this apparel park cluster is being established in Sector 29 in an area of 175 acres. There are a total of 89 plots out of which 81 plots have been allotted and lease plans and checklist of 64 plots have been issued. Among these, physical possession documents have also been issued for 39 plots. With the setting up of the apparel park, Gautam Buddha Nagar will be recognised as the ‘City of Apparel’.
A convention centre, exhibition centre and dedicated cargo facilities will be established in the YEIDA’s industrial area. Dedicated cargo facilities will also be developed at the under construction Noida International Airport in Jewar.
Currently, the textile industry holds the largest share of cargo, accounting for around 37 per cent. Cargo from Jewar will be cheaper than from Delhi because only a 1 per cent value-added tax (VAT) is imposed on fuel there by the government.
According to YEIDA Chief Executive Officer Arunveer Singh, work has been started by the National Highways Authority of India to connect this apparel park near Ballabgarh with the Delhi-Noida expressway. The rapid rail study by National Capital Region Transport Corporation (NCRTC) has also been started in the YEIDA area. The country’s first and the world’s sixth pod taxi system will be built in this area, for which a global tender has also been issued by the YEIDA. All the top companies of the world participated in the pre-bid meeting of the Personal Rapid Transit System.
As a measure to promote industries, the YEIDA has taken a decision to increase the floor area ratio (FAR) on industrial plots in Yamuna authority area from 1.5 to 2.0, which is likely to get approval from the government soon. Additionally, it has also been decided to increase the ground coverage in industrial plots to 60 per cent.
The YEIDA has requested the industrialists inside and outside the state to provide employment to the local youths in their industries and to establish skill development centres. Singh stated that the authority was ready to provide the land free of cost in case of any land requirements.
