Investors to invest over ₹2,300 cr near Jewar Airport

69 firms have been allotted the industrial land near the upcoming Jewar airport in the past two months with officials expecting investments of over ₹2,300 crore. There was no industrial land allotment in the first month of the current fiscal. In May, nine firms were allotted 37.50 hectares of land with an investment of ₹1,285.58 crore, and in June, 16 firms were allotted 25.88 hectares of land with ₹315.70 crore investment. The maximum allotments were made in July when 44 firms were allotted 83.27 hectares of land with a proposed investment of ₹786.93 crore and an expected creation of 53,763 jobs. These firms were allotted industrial land in sectors 29, 32, 33 near the airport with expected investments of ₹2,388.11 crore. Sector 29 is being developed for an Apparel Park project which will house firms dealing in readymade garments. Readymade garments are the representative items for Gautam Buddh Nagar under the Yogi Adityanath-led UP government's 'One District, One Product' initiative.