Strategic Land Allocation Fuels EV Expansion
Yamuna Expressway Industrial Development Authority issued a letter of intent to Neenjas Electric Pvt Ltd for a 20,000 square meter plot in Greater Noida. The company plans to build a dedicated manufacturing facility there. This site targets production of onboard electric vehicle chargers and solar power banks, aligning with India’s clean energy goals.
₹169 Crore Investment Drives Production Scale-Up
Neenjas Electric commits ₹169 crore to the project. The facility bolsters the company’s growth in electric vehicle technology and renewable energy storage solutions. It positions Neenjas to meet rising demand for efficient EV components and portable solar tech.
Jewar Airport Proximity Enhances Logistics Edge
The Greater Noida location offers direct access to the upcoming Noida International Airport in Jewar. This reduces transportation and logistics timelines significantly. The plot supports manufacturing, export-oriented industries, warehousing, and allied businesses, fostering regional economic growth and job creation.
Local Employment and Export Potential Unlocked
The project promises substantial local employment opportunities. It capitalizes on the area’s infrastructure to streamline exports. Neenjas Electric’s entry strengthens Greater Noida’s role in India’s EV ecosystem.
