YEIDA Allots 20,000 Sqm for EV Hub Near Jewar Airport

The industrial landscape near the upcoming Noida International Airport (NIA) is undergoing a rapid green transformation. In a significant move to bolster India’s "Make in India" and "Clean Mobility" goals, the Yamuna Expressway Industrial Development Authority (YEIDA) has officially issued a Letter of Intent (LOI) to Neenjas Electric Pvt Ltd for a sprawling 20,000 square meter plot in Sector 8D, Greater Noida.

A Strategic ₹169 Crore InvestmentNeenjas Electric plans to deploy an investment of approximately ₹169 crore to establish a state-of-the-art manufacturing facility. This unit will specialize in the production of on-board and off-board EV chargers, IP-rated charging equipment, and solar power banks. By focusing on the two-wheeler and light commercial vehicle segments—the fastest-growing parts of the Indian EV market—the project addresses a critical infrastructure bottleneck in the transition to electric mobility.

The "Jewar Advantage"Sector 8D’s proximity to the Jewar Airport is the facility's greatest strategic asset. This location offers seamless connectivity to the Yamuna Expressway and the airport’s integrated cargo terminal, drastically reducing the lead time for domestic distribution and international exports. For the local economy, this means more than just industrial growth; it translates to high-quality employment opportunities for the region’s youth and skilled technicians.

Impact on Regional Real EstateIndustrial developments of this scale acts as a catalyst for the broader real estate market. The entry of high-tech manufacturing players like Neenjas Electric increases the demand for ancillary services, commercial hubs, and residential housing in nearby sectors. As the Yamuna Expressway belt shifts from being a mere transit route to a global manufacturing destination, property values in the vicinity of Sector 8D and the airport are expected to maintain their upward trajectory.

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