Within days after the Uttar Pradesh cabinet had approved a 700-acre Electronics City project near the upcoming Noida International Airport, the government estimates that the project would attract investments to a tune of Rs 40,000 crore, reports The Times Of India.
The Yogi Adityanath government plans to establish separate clusters for companies from Taiwan, Japan and South Korea as these three countries have a strong base in electronics.
“We have now sent the DPR to the government for approval of the cabinet. CBRE has alos proposed amusement park, space for hotels and retail among other facilities,” said Arun Vir Singh, CEO of the authority.