Greater Noida Authority Launches Data Centre Scheme, Aims for INR 20,000 Crore Investment

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The Greater Noida Industrial Development Authority (GNIDA) has launched a data centre land allotment scheme, expected to bring in investments worth Rs 20,000 crore ($2.7bn). The 13 land parcels, including two in the Sector Knowledge Park-5 area and 11 in the Sector Techzone area, will be allotted through e-auction, the GNIDA said, and should generate 10,000 jobs in the region and a revenue of Rs 1,000 crore. Registration for the scheme can be made online until 4 July. Greater Noida Authority CEO Ritu Maheshwari said the area was rapidly emerging as a data centre hub.

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Shreya Gupta
Shreya Gupta
Shreya Gupta is an insightful author at The Reportify who dives into the realm of business. With a keen understanding of industry trends, market developments, and entrepreneurship, Shreya brings you the latest news and analysis in the Business She can be reached at shreya@thereportify.com for any inquiries or further information.

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