Greater Noida Industrial Development Authority (GNIDA) is the nodal agency responsible for overall development of the Greater Noida City. The GNIDA was established in Jan. 1991 under the UP Industrial Area Development Act, 1976.The Act mandates Planning, Development, Operations & Maintenance and Regulatory functions to a single agency – GNIDA.
GNIDA is also responsible for attracting investments in the city. The Development model of Greater Noida is:
Ecotech - Industry friendly and eco-friendly as well
Ecotech is Greater Noida's exclusive Industrial area where rights of admission are reserved. In fact, polluting industries are prohibited from setting up here. However, for those allowed in, the Authority ensures not just speedy clearances and approvals but also incentives to promote early commissioning of projects. An effective single-table functioning guarantees project clearance within a month and an empowered committee continuously monitors the progress of these projects.
Industrial investment taking place in Greater Noida is now over Rs. 10,000 crores. It has now become one of the favoured locations for good industrial investment specially of multinational investment because of its good infrastructure near Delhi and effective single window system of speedy decision making and clearances.
Ecotech Exclusives
- Early production incentives in the form of Rs. 50/- per sq. mtr. rebate on land cost if production starts within 18 months of land possession or 24 months of land allotment
- Single-table clearances
- No case pending beyond one month
- Weekly allotment of plots
- Monthly meetings of Udyog Bandhu, a collective forum of all concerned agencies, to troubleshoot entrepreneur related problems on the spot
- Technical Training and Vocational guidance Institutes for adequate supply of skilled and semi skilled work force
- Inland Container Depot to handle storage of goods
- Round-the-clock patrolling by mobile police vans for law and order maintenance
- Adjacent residential township with housing sectors, hospitals, schools, commercial complexes, recreational parks and even a 18-hole Greg Norman Signature PGA Level Golf course on 222 acres.
