Noida International Airport to get 5 industrial parks near to it, to be developed by Yamuna Expressway Authority

“The five industrial parks that are to come up near Noida International Airport include an electric vehicle park, plastic processing park, footwear park, handicrafts park and a transport hub. Nearly 600-acre agricultural land will be needed to develop these industrial parks in Sector 10 and the Uttar Pradesh state government has already directed the Gautam Budh Nagar administration to start the process of land acquisition,” a senior official of the Authority told Moneycontrol, requesting anonymity.

The official said  the Gautam Budh Nagar administration  has been authorized to expedite and complete the land acquisition process.

The social impact assessment study has also been completed by the Gautam Buddha University.

Under Section 15 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, the public can offer suggestions and objections if any;

 “As soon as we get the land, we will start its allocation for industrial parks after developing required amenities. We are hopeful of completing the process in 2024 only,” a YEIDA official said.