The Hiranandani Group plans to set up a semiconductor park on 91 acres in Sector 28 in the Yamuna Expressway Industrial Development Authority (YEIDA) area.
In a letter to the YEIDA last month, CEO Hiranandani said the company anticipated an investment of over Rs 2500 crore in the first phase.
The company had signed a deal with the UP government during the February 2023 UP Global Investors Summit and proposed to invest Rs 17,000 crore under the project.
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Yamuna Expressway Industrial Development Authority