UP govt plans ‘flat-like' factory in Greater Noida for MSMEs

Indian Express

a day ago

Aiming to boost the medium and small scale (MSME) industries in the state, the UP government has decided to develop a flat-like ('flatted') factory space in Greater Noida with an estimated expenditure of Rs 125 crore.
The factory space will be developed by Yamuna Expressway Industrial Development Authority (YEIDA) in Sector 28 of Greater Noida.
Officials said that while the initial survey and preparations of the master plan are in process, the target is to get the project ready within two years.
'As per the plan, the idea is to provide the state-of-the-art infrastructure to MSME units in a shared complex, which would reduce their cost of production and other input costs as well. It will be provided as a fully equipped unit by the YEIDA with all the essential facilities, so that the units can start production and operations smoothly,' an official said.
Officials said that with UP already having a large MSME base, this project would help not only achieve economic targets by bringing in new investment but would also help general employment opportunities. 'The project will be on EPC model — Engineering, Procurement, and Construction — with a three-year defect liability period,' the official added.
The 'flatted' factory will have multi-storeys — a basement, a ground floor, and three floors that will all cover an area of over 38,665 square metres.
As per the project plan, along with the main multi-storied building, the government will also develop a complex for any future needs. 'The flatted factory will also have internal water supply, electricity, fire safety systems, elevators, as well as HVAC (heating, ventilation, and air conditioning), meeting the requirement of the MSMEs,' the official said.
Further, the government would also provide pre-installed security features like CCTV, access control, and other electronic systems, the official added.
While the design has been proposed to follow green building standards, the complex is also proposed to have 24 and 30-meter-wide roads connectivity linking it to the highway for ease of transportation of the goods.
Officials said the government would also provide boundary walls, gates, guard rooms, internal roads, parking, drainage, sewage, water supply, plumbing pumps, fire safety systems, and landscaping, which would help ease the setting up of MSME units and with a fast pace, thereby reducing other costs.