The Noida Greater Noida Yamuna Expressway is poised to become a significant investment hub for data centres, telecom equipment producers, and IT enterprises. It is anticipated that the area will compete with towns like Gurgaon, Bengaluru, Hyderabad, and Pune to become a tech hub. Microsoft, Samsung, and Dixon Technologies are just a few of the businesses that have already made investments there.
The upcoming Jewar airport is anticipated to increase regional investment even more. The need for office and leisure space is increasing as IT giants set up headquarters on the Noida Greater Noida Expressway and Yamuna Expressway. The belt is also being considered by finance majors aiming to establish IT centres. The city has outstanding infrastructure and planning for commercial and residential projects, making it an ideal site, according to global IT firms. Industry analysts claim that the state government’s single window clearance procedure, simple access to power and other services, and solid infrastructure are the main draw factors.
Yogi Adityanath, the chief minister of Uttar Pradesh, said, “We expect the pace of investments to pick up as work on Jewar airport nears completion. Even the financial institutions are interested in this developing IT hub. Around 8.25 million square feet of space will be used by IT parks in the following three and a half years, according to estimates from real estate consultants JLL and CBRE.
