In a significant step towards realising Chief Minister Yogi Adityanath’s vision of making Uttar Pradesh a thriving hub for micro and small-scale industries, the Yamuna Expressway Industrial Development Authority (YEIDA) has launched a scheme aimed at establishing a toy and furniture park in Greater Noida, along with the allocation of vacant plots in this project.
Under this scheme, YEIDA is inviting applications for plots measuring up to 4,000 square metres, specifically for setting up non-polluting industrial units in sectors 28, 29, 32, and 33. Parties interested can submit their applications for land acquisition under this initiative until October 27. The list of successful applicants will be determined via a draw scheduled for November 17.
This scheme, aimed at promoting micro and small scale industries, will pave the way for entrepreneurs to set up industries across 240 categories, 24 types of handicrafts, toy industries, and nine ODOP (One District One Product) manufacturing units.
According to the information available on YEIDA’s website about the scheme, a total of 109 plots out of the total three-level plots in the scheme will be allotted through this process. Of these, 95 per cent of the plots will be reserved for setting up units under prescribed categories and five per cent will be reserved for start-ups.
At the same time, the total premium amount in the scheme has been fixed between Rs 60.93 lakh and Rs 5.41 crore at the rate of Rs 13,542 per square metre.
Under this project, a total of five plots of 1,800 square metres will be booked for the toy park in Sector 33, whose registration amount will be Rs 24.37 lakh and the total premium amount will be Rs 2.43 crore. The total premium of Rs 60.93 lakh to Rs 4.06 crore has been fixed for those applying under the ‘ODOP and Furniture Park’ category. A total of 41 plots will be allotted in this category, two of which are earmarked for start-ups.
Similarly, to promote the MSME sector, a total of 63 plots will be allotted through the process in six phases, 61 of which will be for related categories while two will be alloted for start-ups. The total premium amount of these plots will range between Rs 40.62 lakh and Rs 5.41 crore.
Due to its proximity with the Jewar Airport, International Film City, Yamuna Expressway and Buddha Circuit, those setting up industrial units will get the benefit of all the facilities, including better connectivity and the first world-class project of its kind, the Pod Transit System in India.
Applicants who get land through this project can set up any one industrial plant out of a total of 240 categories of industries, including incense sticks, X-ray machines, and textiles. At the same time, successful applicants can set up 24 types of handicraft production plants, including chikankari and bamboo products.
Similarly, the applicants who get land through the scheme under the ODOP category can set up plant producing nine types of products under ODOP listings, including zardozi of Bareilly, Budaun, Shahjahanpur and Kasganj; chikankari of Lucknow, silk sarees of Varanasi; and carpets of Mirzapur. Applicants interested in taking plots under this project can apply till October 27, 2023.