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LAND ALLOTMENT FOR APPAREL PARK IN NOIDA COMPLETE, COUNTDOWN FOR SETTING OF FACTORIES BEGIN

LAND ALLOTMENT FOR APPAREL PARK IN NOIDA COMPLETE

The Yamuna Expressway Industrial Development Authority (YEIDA) has completed allotment of land for a 150-acre apparel city, being developed by the Noida Apparel Export Cluster (NAEC) in Sector 29, and 91 readymade garment manufacturers and exporters have already picked up plots at the site.

The plots will be handed over within a month from now.

The garment cluster is expected to draw an investment of around Rs, 2,500 crore and employ five lakh.

NAEC has also proposed to set up apparel training centres in over 2,000 villages of Uttar Pradesh to cultivate a trained workforce for the apparel park.

Noida has around 1,500 garment manufacturers and exporters, but the industry has been among the worst hit during the pandemic.

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