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Three prominent tech companies Ascent-K Circuit, Aurionpro ToshiAutomatic Systems, and Amber Enterprises India Ltd received letters of intent from YEIDA to set up manufacturing units near the Noida International Airport. With a total proposed investment of around INR 4,000 crore, the companies will utilise land parcels in Sectors 8 and 10 to produce electronics and home appliances. These developments are part of a larger push by Uttar Pradesh to position the region as a global manufacturing hub, aided by favourable policies and rapid infrastructure development.
Ascent-K Circuit, Aurionpro ToshiAutomatic Systems, and Amber Enterprises India Ltd, three prominent technology companies, have pledged to invest roughly INR 4,000 crore in Uttar Pradesh. This investment aims to create manufacturing plants in the vicinity of the developing Noida International Airport.The Yamuna Expressway Industrial Development Authority (YEIDA) issued letters of intent to these companies earlier this week, signalling yet another step towards transforming the region into a high-tech manufacturing powerhouse. Advertisement
According to YEIDA officials, Ascent-K Circuit and Aurionpro ToshiAutomatic Systems have been allocated a combined area of 21 acres in the Electronics Manufacturing Cluster (EMC) 2.0, situated in Sector 10. These two companies are expected to manufacture electronic components, with Ascent-K Circuit reportedly collaborating with Korean companies to produce printed circuit boards (PCBs). This marks a significant push towards creating a global supply chain ecosystem within the state.
Meanwhile, Amber Enterprises India Ltd, known for manufacturing electronics and home appliances, has received a considerably larger parcel 100 acres in Sector 8. The company aims to use this land to expand its manufacturing capabilities in sectors such as air conditioners, washing machines, and other electronic goods.
All three land allocations are currently provisional and subject to regulatory and compliance approvals. Nonetheless, the commitments highlight the increasing attractiveness of the region among domestic and global manufacturers, especially as it benefits from infrastructure upgrades and industrial policies introduced by the Uttar Pradesh government.
These developments are part of YEIDA?s strategic blueprint to position the Yamuna Expressway region as a centre for advanced manufacturing. Over the past few months, the authority has successfully attracted investment commitments totalling nearly INR 12,000 crore from at least eight major companies. Among these are Vama Sundari and Foxconn, which have proposed setting up a semiconductor facility; Fuji Silvertech, which plans to build a precast concrete unit; and joint ventures by Escorts-Kubota and Minda Corporation.
Officials indicated that the companies are being offered fast-track facilitation under the state?s investor-friendly framework, which includes single-window clearances, incentives on land prices, and support for utilities. The proximity to the upcoming international airport is seen as a key attraction, enabling seamless logistics for manufacturers and exporters alike.
YEIDA?s efforts align with the Uttar Pradesh government?s larger mission to position the state as a hub for electronics manufacturing and allied industries. Over the years, the region has steadily garnered interest from global players looking to diversify their manufacturing bases beyond traditional locations such as Bengaluru, Chennai, and Pune.
As infrastructure around the Noida International Airport continues to develop, and with YEIDA?s proactive policies drawing high-value projects, the region is set to play a central role in India?s industrial growth narrative.
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