GNIDA to allocate 44 industrial plots, anticipating Rs 5,000 cr revenue.

The Greater Noida Industrial Development Authority (GNIDA) has announced the launch of a new scheme for the allocation of 44 industrial plots, with an expected revenue of Rs 5,000 crore. This initiative is anticipated to create around 10,000 employment opportunities, according to a statement released by the GNIDA. These plots, varying in size from 135 square meters to 20,354 square meters, can be found in six different sectors.

The CEO of GNIDA, NG Ravi Kumar, highlighted the region’s emergence as a prominent industrial investment hub and stated that the scheme was developed in response to the demand and needs of entrepreneurs. Kumar further added that the possession of the plots would be granted within the set timeframe, resulting in numerous employment opportunities for young individuals and increased investment in the area.

The allotment of these 44 plots is expected to generate approximately Rs 5,000 crore from the reserve price. The allocation process will involve interviews, and it is projected to attract an investment of Rs 5,000 crore while providing direct and indirect employment opportunities to 10,000 youngsters, as stated by the GNIDA.

To participate in the scheme, interested parties can apply through the GNIDA website, greaternoidaauthority.in, or via the Uttar Pradesh government’s niveshmitra.up.nic.in portal. The registration deadline is February 19, and once the allotment is finalized, the plots will be available for possession within a month, as mentioned in the official statement.

GNIDA, the Greater Noida Industrial Development Authority, has announced its plans to allot 44 industrial plots in the region. This move is expected to generate a revenue of approximately Rs 5,000 crore. The industrial plots will be allocated to various industries, fostering development and attracting investments in the area. This initiative by GNIDA is aimed at boosting economic growth and creating employment opportunities in the region.

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