Uttar Pradesh government signed a Memorandum of Understanding(MoU) with US and Canada-based firms worth Rs 19,265 crore ahead of the Global Investors Summit to be held in Lucknow in February, according to the statement released by UP government.
Swedish Furniture Giant IKEA To Open Mega Mall In Noida, Its First Such Venture In India swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
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IKEA Gets About 50,000 Sqm Land For Facility In Noida; UP Govt Gets Rs 850 Cr
The company is expected to invest Rs 5,000 crore in Noida in seven years, Noida Authority CEO Ritu Maheshwari said that officials estimate job creation for 2,000 persons due to the project.
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IKEA was on Friday handed over a land parcel measuring nearly 50,000 sq metres in Noida where the Swedish furniture giant is set to start its first retail outlet in Uttar Pradesh, according to officials.
The allotment, which has been made in Sector 51, was transferred by the Noida Authority that received Rs 850 crore from IKEA for the commercial land, they said.
Allotment made in Sector 51.
UP govt gets Rs 850 crore for deal.
Noida: IKEA was on Friday handed over a land parcel measuring nearly 50,000 sq metres in Noida where the Swedish furniture giant is set to start its first retail outlet in Uttar Pradesh, according to officials.
The allotment, which has been made in Sector 51, was transferred by the Noida Authority that received Rs 850 crore from IKEA for the commercial land, they said.
The transfer was made during a programme held here in the presence of top Noida Authority and IKEA officials, while Uttar Pradesh Chief Minisiter Yogi Adityanath and UP Cabinet Minister Satish Mahana joined the event virtually from Lucknow.
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IKEA coming soon to Noida with Rs 5,000 crore investment
IKEA was on Friday handed over a land parcel measuring nearly 50,000 sq metres in Noida where the Swedish furniture giant is set to start its first retail outlet in Uttar Pradesh, according to officials. The allotment, which has been made in Sector 51, was transferred by the Noida Authority that received Rs 850 crore from IKEA for the commercial land, they said.
The transfer was made during a programme held here in the presence of top Noida Authority and IKEA officials, while Uttar Pradesh Chief Minister Yogi Adityanath and UP Cabinet Minister Satish Mahana joined the event virtually from Lucknow.