69 firms allotted land near Jewar airport during pandemic, investments of over Rs 2,300 cr expected

Noida: Notwithstanding the COVID-19 outbreak, 69 firms were allotted industrial land near the upcoming Jewar airport between May and July, with officials expecting investments of over Rs 2,300 crore and creation of over 86,000 jobs in the region.

These firms have been allotted 146.50 hectares of land during the three-month period when economic activities largely remained curtailed due to the pandemic, according to Yamuna Expressway Industrial Development Authority (YEIDA) officials.

There was no industrial land allotment in April, the first month of the current fiscal year.

In May, nine firms were allotted 37.50 hectares of land with a proposed investment of Rs 1,285.58 crore and an expected creation of 5,996 jobs, YEIDA’s officer on special duty Shailendra Bhatia said.