The Yamuna Expressway Industrial Development Authority (Yeida) has revived plans to establish a dedicated Handloom and Textile Park near the Noida International Airport, along the Yamuna Expressway. This initiative aims to create a focused cluster for handloom and handicraft units in Sector 10 of the Yeida area.
The Handloom Handicraft Exporters Welfare Association (HHEWA), which was initially promised land for the park three years ago, has now been instructed by Yeida to reapply. They also need to secure approval from the Uttar Pradesh government to develop this park, drawing inspiration from Yeida's successful Apparel Park in Sector 29.
According to RK Singh, CEO, Yeida, the park will focus on the handloom and handicrafts sectors, enabling entrepreneurs to apply for industrial plots up to 8,000 sq m through e-auction.
In September 2022, Yeida had confirmed its board's approval for the park in Sector 10, where land acquisition was already underway, following the model of other sector-specific clusters. HHEWA had previously submitted a list of over 150 members eager to establish manufacturing units in this sector, ideally located near the India Expo Mart in Greater Noida.
However, the project stalled despite several meetings, says CP Sharma, President, HHEWA. Exporters have voiced concerns regarding the state policy's mandate for e-auction for plots up to 8,000 sq m, fearing that smaller exporters may lack the resources to compete effectively in such a bidding process.
