Noida lists initiatives price Rs 8,500 crore for June 3 ceremony | Noida Information

NOIDA: With the state gearing up for the third groundbreaking ceremony, the Noida Authority has despatched an inventory of 51 initiatives, primarily associated to IT and ITES (IT-enabled providers) with a projection of Rs 8,500 crore funding and 50,000 direct job alternatives to the federal government.
The occasion is scheduled to be held in Lucknow, which could have MoUs signed between administrators of huge firms and the federal government. Officers stated some 2,000-odd initiatives with a proposed funding of Rs 75,000 crore throughout UP shall be inaugurated throughout the ceremony. Prime Minister Narendra Modi, who will attend the occasion because the chief visitor, will carry out ‘bhumi pujan’ of the initiatives.

In keeping with the state authorities’s directive, solely these initiatives may very well be included within the ceremony that haven’t been inaugurated or based until now. Prior to now few months, 57 plots in Noida have been allotted to firms promising investments of over Rs 15,000 crore in complete.
“We now have despatched the checklist of 51 initiatives to the federal government, which is able to take a closing name on them and ship us the ultimate checklist in a few days,” a senior Noida Authority official instructed TOI. Names of huge firms like Adani (funding of Rs 2,500 crore), Microsoft (Rs 1,000 crore), TCS (Rs 2,300 crore), PayTm (Rs 300 crore), amongst others, are a part of the checklist.
From Better Noida, an inventory of 43 initiatives with Rs 2,500 crore projected funding has been despatched to the federal government. The Yamuna Expressway Authority has offered initiatives price Rs 9,809 crore, together with Noida Attire Park and Medical Machine Park for the ceremony.
The primary two groundbreaking ceremonies have been held in 2018 and 2019, saying proposed investments of Rs 61,700 crore and Rs 67,000 crore, respectively. In the course of the second groundbreaking ceremony held in 2019, funding MoUs of about Rs 10,000 crore have been inked for Noida alone.