Noida Authority Allotted 17 Plots for Startups and Industrial Expansion in Noida

Talib Khan

Noida, (20/2/2019): The Noida Authority has allotted 17 industrial plots to companies for startups and their expansion.

Plots in sectors 58, 60, 67, 83, 85, 155, 156, 157, phase 1 and 2 were being allotted to the companies. These plots are measured to be of 5 acres of land.

The land for expansion and startups are given to Neptune Systems Pvt Ltd that deals in making energy efficient electrical products, Colorjet India, that deals in digital inkjet printers, among others. Vivacity Homes, Equasocio Network, Rtaa Services and Astraea Business Consultancy were allotted land for startups. The plots were also allotted to three individuals for their respective business expansion.

Addverb Technologies were also allotted land for expansion. The company manufactures some robotic machines which facilitates works in warehouses and industrial houses.
“These machines will be supplied in Noida and other cities to strengthen industries”, company official said.

Noida Authority OSD said, “The allottees will have to start construction work within six months from taking over the physical possession of the plot. The startups are in developing stage and project details are not available yet”.

Leave A Reply

Your email address will not be published.