Make in India: Haier's new unit in Greater Noida to generate 12,550 jobs

The company has been allotted 123.7 acre of land in the DMIC Integrated Industrial Township Greater Noida (IITGN) project for setting up manufacturing units.

By PTI  
Wednesday, August 22, 2018

Haier Appliances will invest Rs 3,069 crore to establish manufacturing units at an industrial township in Greater Noida, UP, DMICDC said on Wednesday. The consumer electronics company expects to generate direct employment for 3,950 people with this project, Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) said in a statement.

It has been allotted 123.7 acre of land in the DMIC Integrated Industrial Township Greater Noida (IITGN) project for setting up manufacturing units, it said. Besides, Chinese Mobile maker Formes Indian subsidiary Forme Trading has been allotted 3.5 acre land in IITGN for the same purpose.

"Forme Trading plans to invest Rs 100 crore in its new mobile phone manufacturing unit at IITGN which is likely to create 600 direct and 1,000 indirect jobs," it added. Satkriti Infotainment, a sister concern of leading audio manufacturer Fenda Audio India, is another company to have been allotted land in the township project.

"Combined investment of the three companies is pegged at Rs 3,404 crore and is likely to generate 12,550 employment opportunities," it added. DMIC project is aimed at creating mega industrial infrastructure along the 1,483-km-long Delhi-Mumbai Rail Freight Corridor. Dholera (Gujarat) is the biggest of the eight industrial smart cities being developed in the first phase of the project. Overall, DMICDC is setting up 56 Greenfield smart industrial townships.

Related Stories

Bank cancels counting of cash in Shirdi Sai Baba temple, says no space to keep coins
Bank cancels counting of cash in Shirdi Sai Baba temple, says no space to keep coins
Metro man Sreedharan writes to PM Modi against Kejriwal's free rides for women proposal
Metro man Sreedharan writes to PM Modi against Kejriwal's free rides for women proposal
Modi govt eyes $84 billion revenue from airwaves auction in 2019
Modi govt eyes $84 billion revenue from airwaves auction in 2019

Latest Stories

Bank cancels counting of cash in Shirdi Sai Baba temple, says no space to keep coins
Bank cancels counting of cash in Shirdi Sai Baba temple, says no space to keep coins
India vs Pakistan World Cup 2019: Match cancellation due to rain to be Rs 100 crore blow
India vs Pakistan World Cup 2019: Match cancellation due to rain to be Rs 100 crore blow
Akshay Patra's school meals project wins BBC World Service Global Champion Award
Akshay Patra's school meals project wins BBC World Service Global Champion Award
SPONSORED