Havells India will soon be allotted 50 acres in Sector 10 for setting up an electronic goods manufacturing unit under this project as it will be the anchor company of this project, said Yeida officials.

The Yamuna Expressway Industrial Development Authority (Yeida) said it will develop an electronic manufacturing cluster (EMC) on 200 acres in Sector 10, along the Yamuna Expressway, with an aim to boost economy and also create jobs for the youth.

The Uttar Pradesh government has appointed Yamuna authority as the implementing agency that will participate under the Centre’s Modified Electronics Manufacturing Clusters (EMC 2.0) scheme and set up an electronic manufacturing cluster after obtaining the requisite approvals.

“We will get the approval soon and this project has immense potential to boost the economy of the state and also create a large number of jobs. Once we get this project, Uttar Pradesh will become one of the first states to develop an EMC and invite key players to invest, buy land and set up their units,” said Arun Vir Singh, chief executive officer of the Yeida.

“Havells India will soon be allotted 50 acres in Sector 10 for setting up an electronic goods manufacturing unit under this project as it will be the anchor company of this project. Havells has submitted its letter of intent to us and the remaining four companies are also ready to set up units as soon as all formalities are completed,” said Singh.

“Havells will be anchor or the main manufacturing unit and it will be tasked to form the special purpose vehicle with at least four other companies to whom the remaining 150 acres will be allocated. As per Havells’ letter of intent, its first phase will be ready by 2026 with an initial investment of Rs 800 crore, generating over 1,000 jobs,” said Singh.