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CLE wants 100 acres in Noida for industrial park

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CLE wants 100 acres in Noida for industrial park

A leather exporters body on Wednesday said it has asked the Uttar Pradesh government for allotment of 100-acre of land in the vicinity of Noida to develop an industrial park for footwear and accessories. Motilal Sethi, Northern Regional Chairman, Council for Leather Exports (CLE) said that currently Noida alone contributes over Rs 1,000 crore worth of exports annually.

“If government of Uttar Pradesh helps industry to get a land of 100 acres in the vicinity of Noida, they (industry) can bring investment to the level of Rs 3,000-4,000 crore into the park and can generate annually Rs 2,000-3,000 crore worth of exports and can provide employment to 50,000 workmen of the state,” Sethi said in a statement. Currently, most of the export manufacturing units are located in industrial towns of Noida and they are scattered around and does not have contiguous geographical area.

This hampers their manufacturing capacity, and efficiency, he said adding “there is a requirement of suitable land of 100 acres for footwear, goods and accessories fashion park in Greater Noida.” A memorandum regarding this was presented to Yamuna Expressway Industrial Authority (YEIDA) CEO Arunvir Singh. This proposed fashion park will be modern and besides factories, it will also have trade/display/exhibition convention centre, design centre, labour and supervisor training institute, hostel with dormitories, common facility centres and production supply chain infrastructure, he said.

 

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Construction Infrastructure

The Adani Enterprises unit has received a letter of approval for an NH project in Maharashtra

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The Adani Enterprises unit has received a letter of approval for an NH project in Maharashtra

Adani Road Transport Ltd (ARTL), a wholly owned subsidiary of Adani Enterprises, has received LoA for a project involving six laning of Kagal-Satara section of NH-48 (old NH4) in Maharashtra. The project will be executed under the Bharatmala Pariyojana at ₹2,008.47 crores. The construction period for the 67-km long road project is expected to be 2 years from the date of appointment and the concession period will be 18 years.

With this project award, Adani’s road portfolio will have total 14 projects with more than 5,000 lane km with asset value exceeding ₹41,000 crore spread across India.

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