UP locks in ₹5,800-crore YEIDA investments as solar, electronics and IT firms bet big on the expressway corridor

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Seventeen companies, including CESC Green Power, commit investments across clean energy, electronics and digital infrastructure projects expected to create over 12,000 jobs in Uttar Pradesh.
UP locks in ₹5,800-crore YEIDA investments as solar, electronics and IT firms bet big on the expressway corridor
Industry executives tracking the region say the concentration of manufacturing projects around the Yamuna Expressway is likely to accelerate as infrastructure linked to the upcoming Noida International Airport becomes operational, Credits: File photo

Uttar Pradesh has secured fresh industrial commitments worth more than ₹5,800 crore in the Yamuna Expressway Industrial Development Authority (YEIDA) region, reinforcing the state government’s strategy of turning the expressway corridor into a manufacturing and technology-led growth belt.

Chief Minister Yogi Adityanath handed over allotment letters to 17 companies spanning solar manufacturing, information technology, electronics, railway systems and garment production. The projects are collectively expected to generate more than 12,000 jobs, with multiple firms committing that between 40% and 90% of hiring will be reserved for local youth.

Solar manufacturing emerges as the biggest capital magnet

The clean energy sector accounted for the largest share of incoming investment, underscoring Uttar Pradesh’s growing ambition to position itself as a domestic manufacturing hub for India’s energy transition.

CESC Green Power Ltd., part of the RP-Sanjiv Goenka Group, will invest ₹3,805 crore to establish a 3 GW solar cell and module manufacturing facility spread across 100 acres in the YEIDA region. The project alone is expected to generate around 5,000 jobs.

Integrated Batteries India Pvt. Ltd. will invest another ₹1,146 crore in a 4 GW solar photovoltaic cell manufacturing unit, creating 500 jobs. Together, the two projects account for nearly 85% of the total proposed investment value announced by the state government.

IT and digital infrastructure projects signal services expansion

The investment pipeline also reflects a parallel push to expand Uttar Pradesh’s digital and technology ecosystem beyond Noida’s conventional IT clusters.

Arsenal Infosolutions Pvt. Ltd. will invest ₹71.19 crore in an IT/ITES facility expected to create 1,140 jobs, while Virtual Employee Pvt. Ltd. has committed ₹48 crore for a project generating 600 jobs. Amadeus India Pvt. Ltd. plans to establish a ₹160-crore technology unit employing 275 people.

Quarks Technosoft Pvt. Ltd. will set up a data processing centre with an investment of ₹47.47 crore, generating nearly 1,800 jobs — one of the highest employment figures among the non-manufacturing projects announced.

Electronics, railways and garments add depth to industrial push

Electronics and electrical manufacturing emerged as another major investment category, with companies including Summercool Home Appliances, Vega Industries, Advance Panels and Switchgears, and Alpha Communication LLP together committing more than ₹300 crore.

Railway signalling manufacturer JMV LPS Ltd. will invest ₹54.8 crore, while Sahu International Attire Pvt. Ltd. will invest ₹70 crore in a ready-made garment manufacturing unit projected to create nearly 2,000 jobs.

Industry executives tracking the region say the concentration of manufacturing projects around the Yamuna Expressway is likely to accelerate as infrastructure linked to the upcoming Noida International Airport becomes operational, improving logistics access for export-oriented industries and large-scale manufacturing units.