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    Adani Enterprises, Dixon technologies among 13 companies allotted industrial land by Noida authority

    Synopsis

    ​“We had come up with scheme for industrial plots of more than 4,000 sq metre on February 1. We had received 66 applications of which one was cancelled due to the technical reason. Following screening and interviews, 13 applicants were selected for allotment,” said a Noida authority spokesperson.

    realtyAgencies
    These land parcels are located at sector 80, 145, 140A and 151.
    Noida authority has allotted close to two million sq ft of industrial land to 13 companies including one land parcel to Adani Enterprises of the Adani Group to set up a data centre and one to Dixon technologies to set up mobile manufacturing unit. The authority expects an investment of Rs 3,870 crore and employment for close to 50,000 by these companies.

    “We had come up with scheme for industrial plots of more than 4,000 sq metre on February 1. We had received 66 applications of which one was cancelled due to the technical reason. Following screening and interviews, 13 applicants were selected for allotment,” said a Noida authority spokesperson.

    The companies that have been allotted industrial land are Adani enterprises, Dixon technologies, Agarwal associates, Weavetex projects, Equine tech nutri care, Raf stationary, Roto pumps, KK fragrances, Savi leathers, Mithaas sweets and restaurants, Adoratex, Westway electronics and Dhampure alco chem.

    These land parcels are located at sector 80, 145, 140A and 151.

    Untitled-4Agencies

    “Adani enterprises have been allotted 39,146 sq metre land in sector 80. They will develop a data centre there which will generate employment for locals. The company will invest Rs 2,500 crore in the project,” the spokesperson added.

    Dixon technologies have been allotted 21,000 sq metre land in sector 151 and will invest Rs 270 crore in the project.

    “The allotment will bring investment from companies from different segments such as mobile phone, television, washing machine, laptop, air conditioners, home textiles, furniture, handicraft, sweets among others. Noida authority has earned Rs 344 crore from the allotment,” the spokesperson said.

    Recently, Japanese technology firm NTT Ltd. has acquired 6-acre land in Greater Noida to set up a data centre with an investment of Rs 1,000 crore.

    According to the Greater Noida authority, the plan is to develop the region into a data centre hub as this is the second transaction after Mumbai-based Hiranandani Group’s Yotta Infrastructure said it would set up a 20-acre data centre park in Greater Noida with an investment of Rs 7,000 crore.

    The Uttar Pradesh government is also formulating a policy to attract data centre builders to Noida, seeking to draw investments away from preferred destinations such as Mumbai, Bengaluru, Hyderabad and Chennai.

    In a bid to be cost-competitive, the policy will include benefits such as uninterrupted power supply and permission to build without underground parking.

    DLF has also leased 360,000 square feet at the upcoming Noida IT Park to Singapore-based ST Telemedia Global Data Centres.

    India’s data centre capacity, as measured in terms of power load, is expected to almost triple to 1,078 MW by 2025 from 375 MW in H1 2020, presenting a $4.9 billion investment opportunity, Jones Lang LaSalle said in a report in September. Mumbai and Chennai will account for a 70% share of the capacity additions, JLL said.


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    ( Originally published on Apr 14, 2021 )
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