YEIDA plans 500-acre commercial hub near Jewar airport

Yamuna Express Industrial Development Authority (YEIDA) has decided to build a commercial hub on 500 acres in Sector 29 along the Yamuna Expressway to turn the area around the upcoming Jewar airport into a business hub. The project includes a 200-acre textile hub that could give a boost to the ailing garments industry in the city. It will also house a handicrafts park and an expo mart in the same facility. The apparel park will have space for about 300 shops. The authority has targeted to attract investments of Rs 3,000 crore and a huge tourist flow. The cluster would act as a common facility for sale and export of furniture, hard goods, apparels, garments, fashion goods and jewelry items. CEO YEIDA Arun Vir Singh confirmed that the authority has finalized plans to dedicate 300 acres of land in Sector 29 to establish a mall for micro, small and medium enterprises (MSMEs) along the expressway, in which 500 enterprises will be housed. The mall will be used to showcase products developed or manufactured by small units. The authority is considering inviting registered members of the export cluster and two dozen exporters across NCR.