Yamuna Expressway authority plans footwear, plastic, handloom, EV industrial parks in Sector 10

economictimes.indiatimes.com:

Yamuna Expressway Industrial Development Authority (YEIDA) plans to create multiple new industrial parks across a sprawling 1,300-acre expanse in Sector 10 near Yamuna Expressway. As per a ToI report, the visionary proposal encompasses a spectrum of specialized parks, each securing 100 acres of land for its distinct focus. These industrial parks encompass a leather footwear and accessories hub, a plastic processing nucleus, a handloom and handicraft sanctuary, and a cutting-edge electric vehicle haven.

These endeavors complement the previously revealed semiconductor and electronic manufacturing hubs spanning 500 acres. YEIDA's CEO, Arun Vir Singh, told ToI that the Authority's board has endorsed the plans, and the land acquisition process for these dynamic industrial parks is already in motion. A significant step towards realization occurred when an expert committee granted approval for the social impact assessment (SIA) of the affected villages.

Gautam Buddha University was designated to conduct this crucial SIA process. With this endorsement secured, the proposal advances to the state government for issuing notifications under the pertinent sections of the Land Acquisition Act. YEIDA will secure the required land through a combination of acquisition and consent, with some land parcels already successfully acquired.

Noteworthy is the Leather Park, proposed by the Council of Leather Exports under the ministry of commerce and industry. This vibrant enclave will focus on the comprehensive manufacturing of leather-related accessories, footwear, and garments. The Plastic Processing Park, advocated by the All India Plastic Industries Association, has garnered enthusiasm from 216 association members eager to establish their