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Havells India Limited secured a Letter of Intent from YEIDA for a 50-acre land allotment in the Electronics Manufacturing Cluster in Uttar Pradesh. The company plans to invest approximately INR 800 crore to establish a manufacturing unit for cables, fans, air conditioners, switchgear, and lighting equipment, with the first phase expected to be operational by 2026 and creating about 1,000 jobs.
Yeida has relocated Vama Sundari Investments' proposed semiconductor manufacturing facility from Sector 10 to Sector 28 in Noida, with a ₹3,706 crore investment. The facility will create 4,000 jobs and produce semiconductor components.