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1,000-Acre Semiconductor Park to be Developed Near Jewar International Airport

1,000-Acre Semiconductor Park Near Jewar

Jewar is hosting a new and high-profile project that has the potential to add jobs and prospects to the area. The shaky details could, however, be transformed into accomplishments, as the Yamuna Authority has granted clearance to develop a semiconductor park within the enclosures of the Jewar International Airport. This over 1000-acre park to be created is expected not only to hasten development within the local area but also enhance the global state of sciences and technology in the nation.

1,000-Acre Semiconductor Park Near Jewar
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The Yamuna Authority has earmarked land in Sector 10 for the semiconductor park and land acquisition procedures are off the ground fast. The land will be acquired from smallholder farmers through voluntary land acquisition ensuring development is done in a continuous and orderly manner with no disturbances.

Semiconductor Park

The Yamuna Authority straegically hopes to cooperate with a significant corporation in order to construct electrical main deposits, sewage systems, pipes, and other things necessary for these activities. Additionally, housing complexes for employed persons and their dependents, expansive recreation zones, educational institutions, and shopping centers will be erected. This will benefit the residents of the community in terms of high service enjoyment by those who work in the area.

₹2 Trillion Investment

The said project is anticipated to pull in investment both domestic and foreign at about 2 trillion rupees creating job opportunities for many. The government of Uttar Pradesh has already approved the project while the Yamuna Authority is on an advertising spree as well to market the project.

Boost to Economic Growth

The building of the semiconductor park will accelerate the economic growth of the region and also help position India in the global technology arena. This project brings the new mode for employment and development in the concerned area which will enhance the country’s technological potential in the coming years.

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