Greater Noida, Noida, and the Yamuna Expressway region are becoming more and more popular destinations for both local and foreign investors. This is because during the Uttar Pradesh Ground Breaking Ceremony (GBC), which took place in Lucknow, Gautam Buddh Nagar received the largest amount of investments out of all the districts in the state.
According to people with knowledge of the situation who spoke with Moneycontrol, the Gautam Buddh Nagar district inked MOUs for more than 1,350 projects totaling Rs 2.95 lakh crore, or 29.5 percent of all the investments made in the state.
Together, the Yamuna Expressway Industrial Development Authority, Greater Noida Authority, and Noida Authority of the city secured investments totaling more than Rs 1.8 lakh crore. Officials claim that because of the planned Noida International Airport near Jewar and the Film City project, investors are swarming to Gautam Buddh Nagar, particularly the YEIDA and Greater Noida region.
In the upcoming years, the district would see the implementation of projects valued at Rs 2.95 lakh crore in a variety of industries, including data centers, housing, retail, commercial, aviation, IT and electronics, and MSME.
