Noida: Yamuna Expressway Industrial Development Authority (YEIDA) has issued a letter of intent (LoI) to Samvardhana Motherson International Ltd (SAMIL) to set up an automotive components manufacturing facility across 150 acres in sectors 6 and 7. The company plans to invest Rs 3,491 crore in the facility, which is expected to generate around 20,000 jobs over the next five years.YEIDA CEO RK Singh said that the formal allotment letter is expected to be issued by the state govt in the coming days.SAMIL, part of the Motherson Group, is a global manufacturer and supplier of automotive components, providing design, engineering, manufacturing, assembly and logistics solutions.The proposed facility will manufacture a wide range of automotive components, including wiring harnesses, PVC-insulated wires, outer rear-view mirrors, interior and exterior mirror systems, automotive lighting systems and exhaust systems. It will also undertake the manufacturing of cutting tools, aerospace components, injection-moulded products and advanced tooling solutions.Officials said the facility will be developed as an integrated manufacturing complex, bringing together various stages of production under one roof. It will have infrastructure for design support, precision tooling, component manufacturing, sub-assembly, final assembly and product testing. It is expected to streamline manufacturing operations, improve production efficiency and strengthen the automotive component supply chain in the region.Since commercial operations began at Noida International Airport in June this year, the Yamuna Expressway region has witnessed growing investor interest and industrial activity. The airport’s operationalisation has strengthened the region’s appeal as an investment destination, with several companies proposing to establish manufacturing units, logistics facilities and other industrial projects along the Yamuna Expressway, officials said.Last month, the Authority reviewed the progress of industrial plots measuring more than 4,000 sqm. Of the 295 such plots, lease deeds have been executed for 181, possession has been given for 152 and construction has started on 69. Production has commenced at 13 units.In Sector 28’s Medical Device Park, 123 of the 203 plots have been allotted, while possession has been given for 75 plots and construction has started on 28.In neighbouring Sector 29, 159 plots have been allotted in the Apparel Park, while 503 plots have been allotted in the MSME Park and 188 in the Handicraft Park.
