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“GOOD NEWS : GREATER NOIDA BECOMES THE FIRST CHOICE OF INVESTORS, SOUTH KOREAN COMPANY WILL INVEST 500 CRORES IN IITGNL”

“Greater Noida: South Korea’s leading home appliances maker Gangnam Street and GH Global may soon set up their production unit in IITGNL’s Integrated Industrial Township. The company has expressed its willingness to buy about 22 acres of land and invest around Rs 500 crore. With this, about two thousand youth will get employment opportunities.

“”South Korean company held a meeting in the authority’s officeRepresentatives of South Korean company Gangnam Street and GH Global on Wednesday met Surendra Singh, MD of IITGNL and CEO of Greater NODA Authority and conveyed their proposal. The CEO apprised the delegation about the smart infrastructure and plug and play system of IITGNL. Gave information about Automatic Waste Collection Plant. He also shared information about the benefits of connectivity from Delhi-Mumbai Industrial Corridor, multimodal logistics hub and multimodal transport hub.

“expressed willingness to buy 22 acres of land The CEO also showcased the connectivity to nearby routes including Yamuna Expressway and Eastern Peripheral Expressway through a presentation. After this the company representatives visited the integrated industrial township and inspected it. Amandeep Duli, ACEO of the Authority and Patanjali Narayan Dixit, Company Secretary, IITGNL, briefed the Korean delegation on the spot about the township’s plug and play system and automatic waste collection plant, and other facilities. The representatives expressed their desire to buy 22 acres of land in the township and said to apply soon.

“”Thousands of youth will get employment The ACEO told the company representatives that the entire process from application to allotment would be completed online. This company will manufacture home appliances. With the establishment of this company, an investment of about Rs 500 crore will be made and 2000 youth will get employment opportunities.

The company’s representatives included Park Sinkyu, Shin Jinbum, Song Kyongjong, Kim Hsik, Sanjeev Rathi and Arindam Bose.””more emphasis on authorityThe Integrated Township has been developed by DMIC Integrated Industrial Township Greater Noida Limited, a joint venture of DMIC and Greater Noida Authority, on an area of ​​750 acres. So far five big companies are setting up their plants in this township. These include Haier Electronics, Formi Mobile, Satkriti Infotainment, Chenfeng (LED company), J World Electronics. Another company Guru Amardas International is also going to set up its unit in Integrated Industrial Township soon.”

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