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Business Standard
Amber Enterprises has planned an investment of Rs 6,000 crore to set up a large-scale electronics manufacturing facility near the upcoming Noida International Airport in Jewar, according to a state minister. Uttar Pradesh's Industrial Development Minister Nand Gopal Gupta on Thursday said he held a meeting with Amber Enterprises promoter Jasbir Singh in Lucknow a day ago. The company plans to establish units for PCB assembly, home appliances, and consumer electronics production as part of this investment, an official statement quoted the minister as saying. "This Rs 6,000 crore investment will open new avenues of growth and prosperity in the state," Gupta said, terming it a significant milestone in Uttar Pradesh's industrial transformation. The Yamuna Expressway Industrial Development Authority (YEIDA) has already issued a Letter of Intent (LoI) for 100 acres of land in Sector 8, Noida for the proposed facility. This land is close to the upcoming airport in Jewar, along the...
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