Chinese team seeks land in Greater Noida

GREATER NOIDA: A Chinese delegation – the second this month – met Greater Noida Industrial Development Authority (GNIDA) CEO Deepak Aggarwal on Thursday to explore investment possibilities in the area.

The 23-member delegation included officials from leading Chinese corporate groups, which manufactured heavy machinery equipment and companies generating new energy solutions.

According to GNIDA officials, the delegation consisted of officials from the Chinese embassy in Delhi including third Secretary Xue Jian, who is the economic and commercial counsellor. The group was led by Li Jingling, vice-president of SANY Heavy Industry Co Ltd, a global company in the construction machinery industry with a vast product range of construction machinery, road machinery, excavating machinery, pile driving machinery, hoisting machinery, port machinery, and wind turbines.

Other members in the delegation were entrepreneurs and industrialists from India and China, officials said.

“The group made a presentation expressing its interest in procuring about 200 acres of contiguous land in Greater Noida for setting up manufacturing units including industry for heavy construction equipment, security equipment and solar power,” Aggarwal told TOI.

“This was a preliminary exploratory trip made by the Chinese delegation,” the CEO said. “The group’s representatives were on their first visit to Greater Noida and were on a fact-finding mission to explore investment opportunities in Uttar Pradesh,” he said.

Another Chinese delegation had visited Greater Noida on October 1. That group had expressed its interest in procuring about 100 acres of contiguous land in Greater Noida for setting up an electronic manufacturing cluster.

“We have informed the delegation about various infrastructure development projects coming up in the area and also about those that are open for bidding at present. Informtion on availability of land has been shared with them. Details of the UP electronic manufacturing policy-2014 were also conveyed to the delegation,” Agarwal said.

“The visiting delegation has promised to return with specific investment proposal and a consolidated project proposal, soon,” he said.

Under the guidance of Uttar Pradesh chief minister Akhilesh Yadav, state officials are leaving no stone unturned in pushing it for foreign investments.

“With a friendly UP electronic manufacturing policy-2014 we hope to transform UP and the three areas of Noida, Greater Noida and YEIDA into globally competitive and industry-friendly destinations,” said Rama Raman, chairperson of the three authorities. “We not only aspire to bring in huge investments but also generate employment for thousands,” he said