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Hindustan Times
12 hours ago
- Automotive
- Hindustan Times
Yeida issues Letter of Intent to Dixon Tech for phone manufacturing unit
The Yamuna Expressway Industrial Development Authority (Yeida) on Friday said it has issued a letter of intent (LoI) to Dixon Technologies to set up a manufacturing unit on 22.54 acres of land in the proposed Electronics Manufacturing Cluster (EMC) in Sector 10 near the Noida International Airport. Workers assemble electronic parts at a Dixon Technologies facility in Noida in May 2025. (REUTERS) 'Dixon will use the site to manufacture mobile phones, consumer electronics, telecom equipment, lighting products, and white goods. The company is the fourth major player to receive an LoI in this EMC, which is part of the central government's EMC 2.0 scheme. Before Dixon, two other companies have recently received LOIs to set up units in the cluster. Ascent-K Circuit, a subsidiary of Amber Enterprises India Ltd, will set up a facility on 16 acres to make high-end printed circuit boards (PCBs). Aurionpro ToshiAutomatic Systems has been given five acres for making smart transit systems and industrial automation products,' said Arun Vir Singh, chief executive officer of Yeida. Yeida said that the Sector 10 EMC already got in-principle approval from the Ministry of Electronics and Information Technology (MeitY) in April 2025 during its seventh project review committee meeting, with Havells India Ltd as the anchor unit across 50 acres. According to the LoI issued on June 20, Singh told Dixon that their proposal has been approved with the rider that the final allotment will depend on clearance from the Invest UP Empowered Committee and compliance with state policies and rules. 'Land acquisition is underway and more provisional LoIs are being issued. With Dixon's entry, we hope the Sector 10 EMC will become a major electronics manufacturing hub in north India, creating many job opportunities and attracting more investment,' said Singh. The Uttar Pradesh government and Yeida are also pushing forward with other major industrial developments in sectors near the airport. 'Amber Enterprises is set to receive 100 acres in Sector 8 for a separate electronics and home appliances unit. Together, Amber and Ascent-K Circuit are expected to invest about ₹ 4,000 crore in the region. These projects will fuel growth in this region, and create huge business opportunities,' said Singh.
Time of India
16 hours ago
- Business
- Time of India
Dixon third company to come up in electronics hub
Noida: Dixon Technologies has secured 22.5 acres in YEIDA's electronics manufacturing cluster (EMC) in Sector 10 near the upcoming Noida International Airport, becoming the third company to join the hub. Officials said on Friday that Dixon has received a letter of intent (LoI) for setting up its manufacturing unit for mobile phones, consumer electronics, telecom equipment, lighting products, and white goods. YEIDA CEO Arun Vir Singh informed Dixon Technologies that their proposal was approved in-principle. However, the final allotment was subject to clearance from the Invest UP Empowered Committee and adherence to state policy guidelines and regulatory norms. Recently, approvals were issued to two other firms — Ascent-K Circuit and Aurionpro ToshiAutomatic Systems — for units under the central govt's EMC 2.0 scheme. The land allotment in the 206 acre cluster gained strong traction from top industrial players, officials said. YEIDA officials said the land acquisition process was ongoing, and provisional LoIs were issued in line with policy clearances. "With Dixon joining the cluster, officials expect the EMC in Sector 10 to emerge as a key electronics manufacturing hub in north India, catalysing further investment and job creation in the region," the CEO added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Utendorf: GEERS sucht 700 Testhörer für Hörgeräte ohne Zuzahlung GEERS Undo The EMC 2.0 in Sector 10 received in-principle approval from the Ministry of Electronics and Information Technology (MeitY) during the 7th Project Review Committee meeting held on April 11. Havells India Ltd has been designated as the anchor unit and is allotted 50 acres within the cluster. Dixon Technologies operates 12 plants in Noida and one in Greater Noida, managed by its subsidiaries and joint ventures. The company operates dedicated manufacturing units for phones for Xiaomi, Motorola and Nokia, besides earphones and headphones under Boat Lifestyle. In 2023, Dixon Technologies signed an MoU with the UP govt during the UP Global Investors Summit, with Sunil Vachani, chairman of Dixon Technologies, announcing plans for additional units for manufacturing and designing electronic products in Noida. Dixon's Greater Noida plant, sprawling over 20 acres in Ecotech 8, manufactures refrigerators. Collaborating with a Japanese company Rexxame, Dixon operates another Noida plant focusing on manufacturing PCBs for air conditioners.
Hindustan Times
4 days ago
- Business
- Hindustan Times
Yeida set to bring affordable housing scheme for the EWS
GREATER NOIDA: The Yamuna Expressway Industrial Development Authority (Yeida) on Monday said it has decided to launch a plot scheme in the affordable housing category, offering an opportunity for economically weaker sections of society. Under the scheme, to be launched after seeking approvals from Yeida board on June 18, at least 3,000 plots measuring 30 square metre (sqm) will be offered in sectors 18 and 20 near Noida international airport that is coming up in the Jewar region, said officials. The scheme is meant for factory workers of the area and those with an annual income of ₹3 lakh, they added. 'We have decided to launch the scheme keeping in mind the demand in this area that is becoming home to new industrial and other projects. Many domestic and global investors are investing in this region, and are setting up their units thereby creating the demand for the housing facilities for workers, who are or will be employed in the units in the catchment area of Noida airport, along the Yamuna Expressway. Keeping in mind the needs of the economically weaker sections, we will offer the plots of 30sqm in size,' said Yeida chief executive officer (CEO) Arun Vir Singh. Yeida has fixed the cost of the 30 sqm plot at ₹7.5 lakh. A successful applicant can pay in instalments up to seven years. The authority will reserve 29% of these plots for those who work in projects located in 'Yeida area', 5% will be reserved for retired defence personnel, and 5% will be reserved for Yeida employees, said officials. 'We will offer at least 8,000 plots of 30sqm so that the EWS category applicants can get the opportunity to build their home near to the Noida airport. We have decided to come up with this scheme to cater to the service sector segment including factory worker, security guard and domestic help, who are essential part of the urban centres,' said a Yeida official aware of the development. Once approved during the board meeting, Yeida will decide the launch date including other details related to it. 'We may add even more plots into this scheme if things will work out because we need to provide more opportunities to the EWS people,' said Singh. These plots will be allotted through lucky draw, and the applicant will pay 10% of the total plot cost to be eligible for the lucky draw,' said officials.
Hindustan Times
4 days ago
- Business
- Hindustan Times
Yeida to allot plots for nursery schools, creches, hospitals near Noida Airport
The Yamuna Expressway Industrial Development Authority (Yeida) has planned to allot plots for nursery schools, creches, and hospitals near the upcoming Noida International Airport, officials said on Monday. The authority will start accepting applications from Wednesday. 'We will allot land for three nursery schools, three creches, and four hospitals, along with a dedicated plot for a child welfare and maternity centre. The development of such facilities is vital in a newly planned city, especially in light of the Noida International Airport becoming operational soon. As the airport begins to attract professionals, workers, and families from across the region, it becomes essential to provide educational and healthcare services to support a growing residential population,' Arun Vir Singh, chief executive officer of Yeida, said. Last date to apply for a plot is July 17. The three plots for schools will be located in sectors 17, 22D, and 18, measuring 1,000sqm (square metres), 1,400sqm, and 1,300sqm, respectively. The allotment rate is set at ₹18,030 per sqm, with total premiums of ₹1.8 crore, ₹2.5 crore, and ₹2.3 crore. The three plots where creches will come up will measure 1,000sqm each in Sector 18 and priced at ₹1.8 crore each, said officials. For hospitals, four plots have been earmarked — two in Sector 18 measuring 6,378sqm and 5,300sqm, one in Sector 20 with an area of 10,900sqm, and another 27,330sqm plot in Sector 22E. These hospital plots are being offered at a rate of ₹27,330 per sqm. The total premium of these four plots are ₹14 crore, ₹17 crore, ₹29 crore and ₹27 crore. Additionally, a 5,000sqm plot in Sector 20 has been reserved for the development of a Child Welfare and Maternity Centre, with a reserve price of ₹13 crore. All allotments will be done through online bidding, and applicants shall submit 10% of the premium amount as earnest money along with their application, officials said. 'These plots are strategically located near major upcoming infrastructure projects including the Noida International Airport, Film City, MotoGP track, Medical Device Park, Electronics Manufacturing Centre, MSME Apparel & Handicraft Park, and Toy Park, making them attractive for long-term social and economic development,' Singh said.
Time of India
5 days ago
- Business
- Time of India
YEIDA to offer plots for schools & hosps near Noida airport
Noida: In a move to ensure basic infrastructure is in place to support the expected influx of population and workforce around Noida International Airport (NIA), Yamuna Expressway Industrial Development Authority (YEIDA) is set to launch a scheme to allot land for nursery schools, crèches and hospitals. The scheme will be launched on June 18 and the last date to apply under this scheme is July 17. The Authority plans to allot land for three nursery schools, three crèches and four hospitals, along with a dedicated plot for a child welfare and maternity centre. YEIDA officials said the development of such facilities is vital in a newly planned city, especially in light of the airport becoming operational soon. YEIDA CEO Arun Vir Singh said the scheme includes three school plots located in sectors 17, 22D and 18, measuring 1,000 sqm, 1,400 sqm and 1,300 sqm respectively. "The allotment rate is set at Rs 18,030 per sqm, with total premiums of Rs 1.8 crore, Rs 2.5 crore and Rs 2.3 crore. The three crèche plots, measuring 1,000 sqm each, are situated in Sector 18 and priced similarly at Rs 1.8 crore each. For hospitals, four plots have been earmarked — two in Sector 18 measuring 6,378 sqm and 5,300 sqm, one in Sector 20 with an area of 10,900 sqm and another in Sector 22E measuring 27,330 sqm. These hospital plots are being offered at a rate of Rs 27,330 per sqm. The total premiums of these four plots are Rs 14 crore, Rs 17 crore, Rs 29 crore and Rs 27 crore. Additionally, a 5,000 sqm plot in Sector 20 has been reserved for the development of a Child Welfare and Maternity Centre, with a reserve price of Rs 13 crore. All allotments will be done through online bidding and applicants shall submit 10% of the premium amount as earnest money along with their application. The Authority said that these plots are strategically located near major upcoming infrastructure projects, including NIA, Film City, MotoGP track, Medical Device Park, Electronics Manufacturing Centre, MSME Apparel & Handicraft Park and Toy Park, making them attractive for long-term social and economic development. As NIA begins to attract professionals, workers and families from across the region, it becomes essential to provide educational and healthcare services to support a growing residential population.
