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Ducati plans unit in Greater Noida

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by November 12, 2016 General
Greater Noida : Italian major Ducati Motor, which designs and manufactures motorcycles, is scouting for 100 acres land to set up a manufacturing unit in Greater Noida. Representatives of the company met senior officials of the Greater Noida Industrial Development Authority (GNIDA) on Friday.

Deepak Agarwal, chief executive officer (CEO), GNIDA, told TOI that the Authority has apprised the Ducati officials of our rate list and the availability of land in Greater Noida. “They will now submit a formal proposal to us within this month before we take the proposal further,” Agarwal said.

He said the Ducati officials have been told about GNIDA’s industry-friendly policies, Greater Noida’s advantages in terms of connectivity, accessibility, the online allotment system launched on November 11 and initiatives for ease of doing business.

“We are hopeful that the company will invest in Greater Noida. On their next visit, which is expected soon, we will also show them the land,” Agarwal added.

Meanwhile, a delegation led by Tay Lian Chew, regional director, South Asia Group of International Enterprise Singapore, a government agency promoting international trade and partnering Singapore companies in going global, also visited Yamuna Expressway Industrial Development Authority (YEIDA) on Friday.

“The delegation was accompanied by Yaser Siddiqui, the Business Development Manager for the group,” said Arunvir Singh, CEO, Yamuna Expressway Industrial Development Authority (YEIDA). “They are exploring the area for setting up a cluster for several mobile handset manufacturing companies from Singapore,” Singh said

“We had a detailed meeting and have informed the officials of the group about the land availability and land cost,” he said. “They were very positive in their response and we expect them to return soon with a concrete proposal,” he added.

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