Business hub planned near Jewar International Airport
The Yamuna Expressway Industrial Development Authority has initiated the process to identify a consultant for the textile hub
Nearly 500 acre of land in Sector 29 along the Yamuna Expressway will be used for turning the area around the upcoming Jewar International Airport into a business hub. The project includes 200-acre textile hub that can give a boost to the ailing garments industry in the city. It will also house a handicrafts park and an expo mart in the same facility.
The apparel park will have space for about 300 shops and is looking to attract investment worth Rs 3,000 crore, as well as tourists. The cluster will act as a common facility for sale and export of furniture, hard goods, apparels, garments, fashion goods as well as jewellery items.
The Yamuna Expressway Industrial Development Authority (YEIDA) has initiated the process to identify a consultant for the textile hub, being developed in consultation with Noida Apparel Export Cluster. The tenders will be floated soon and the project is expected to come up in 2020.
Along with this, YEIDA has also finalised plans to dedicate 300 acre of land in Sector 29 to establish a mall for micro, small and medium enterprises (MSMEs) along the expressway, in which 500 enterprises will be housed.
The mall will be used to showcase products developed or manufactured by small units. The authority is considering inviting registered members of the export cluster and two dozen exporters across NCR.