5 garment units allotted land along the Yamuna Expressway

04 Jul '20

2 min read

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Five garment manufacturing units and three private firms were recently allotted land along the Yamuna Expressway in Gautam Buddh Nagar district of Uttar Pradesh (UP). The decision is expected to fetch investments worth ₹50 crore and create 2,000 jobs, officials said. The allotted pieces of land are close to the upcoming international Greenfield airport in Jewar.

The five companies—H & MTraders, Twenty Second Miles, Prudent Exim, S K Textile Mills and Raghu Creations—are members of the Society of Noida Apparel Export Cluster, the authority said in a statement.

The plots are managed by the Yamuna Expressway Industrial Development Authority (YEIDA). Around 9,500 sq metre (2.34 acre) land has been allotted to five readymade garment units in Sector 29 as part of the Apparel Park project, a news agency reported.

"These five readymade garment units are among the 64 applicants who had expressed interest during the 2018 UP Investors Summit. They were interviewed on Tuesday via video conferencing and allotted 9,500 sq metre land. The move is likely to bring in investments worth Rs 31.73 crore and also create 1,708 new jobs," it said.

July 31 is the last date for applying for land in the Apparel Park, MSME Park and Handicrafts ODOP (one district one product) Park in Sector 29 of the Yamuna Expressway Authority.

Fibre2Fashion News Desk (DS)

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