06 December, 2023
Ankit Kansal, Founder and MD, Axon Developers says, “Another factor that has helped to bring the spotlight on Noida and Greater Noida is the growing concentration of IT/ ITeS/ Research & Consulting/ Manufacturing companies. As per GOI estimates, between 2016- 2021, the region received a total investment inflow of ₹64,000 crore. Swiss retail giant IKEA will be investing ₹5,500 crore in the region for developing production and retail facilities. Adani Group is investing ₹4,600 crores in a massive data center project in Noida 250-acre electronic city has been proposed near the Jewar Airport, which will be directed toward electronic manufacturing."
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