The Yamuna Expressway Industrial Development Authority (YEIDA) is in the process of setting up a textile park near the Jewar airport in Noida. The Authority held meetings with Noida Apparel Export Cluster (NAEC) and agreed to allot a 200-acre land to 100 textile businessmen. The park will boost industry growth by creating nearly half a million employment; 90 per cent of whom will be women. It will be ready in a span of three years.
The Yamuna Authority issued a list of 240 units for industrial land. These industries include those for textiles, telecommunications, X-ray machines, air-conditioning, copper metal parts, cotton, cycle, milk testing and its products.
The Noida-Greater Noida area is a textile hub with an annual export capacity of nearly Rs 14,000 crore ($US 2 bn). The domestic readymade garment market also has an annual turnover of Rs 3,000 crore($US 450 mn). Since the land in Noida and Greater Noida is costly, the businessmen are planning to expand their business in neighbouring areas such as Jewar.
