financetom
Economy
financetom
/
Economy
/
Noida Airport to bring up to Rs 35,000 cr in investment, one lakh jobs: Adityanath
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Noida Airport to bring up to Rs 35,000 cr in investment, one lakh jobs: Adityanath
Nov 23, 2021 11:58 PM

Noida International Airport will bring in investment up to Rs 35,000 crore in Uttar Pradesh and the greenfield project will have one lakh job opportunities, Chief Minister Yogi Adityanath said on Tuesday. Adityanath said this as he personally reviewed preparation works for the foundation laying ceremony of the airport in Jewar, Gautam Buddh Nagar to be attended by Prime Minister Narendra Modi on Thursday.

He said the Noida International Airport (NIA) will immensely benefit the state particularly its western parts and those which fall in the national capital region like Gautam Buddh Nagar, Ghaziabad, Bulandshahr, Aligarh, Hapur. In the first phase, an investment of over Rs 10,000 crore is expected in this area initially. The whole airport will eventually attract investment worth around Rs 34,000 crore to Rs 35,000 crore and more than one lakh people will get jobs here, Adityanath said.

Along with this, there will be several opportunities like MRO (maintenance, repair and overhaul) for aircraft at the airport, he said. This airport's construction will be completed and it will go functional in 2024, becoming the fifth international airport of Uttar Pradesh. We already have international airports in Lucknow and Varanasi, the chief minister said.

Prime Minister Modi had recently inaugurated an international airport at Kushinagar while we have already been working on another international airport in Ayodhya, he said. Adityanath said the Noida International greenfield airport will be the first airport in India which will be free of any kind of pollution and it will not only be India's but Asia's biggest airport.

The chief minister also took a dig at previous non-BJP governments in Uttar Pradesh. There has been a demand for the airport for last 30-35 years or a similar project in the area but a political will power which was required to realise this demand had been lacking, he said.

We are grateful to PM Modi and the Centre who guided us in establishing the biggest airport of Asia in Jewar area of Uttar Pradesh since our government came to power in the state in 2017, he added. Adityanath said a comprehensive plan is underway to integrate development and work opportunities in the region with this airport.

A film city is also being developed near the airport. The work on its planning is in the final stages and the film city is likely to attract major investments, he said. "Likewise, an important node of the defence manufacturing corridor lies in Aligarh which will also be close to the airport in Jewar, he noted.

The chief minister said a medical device park and several other infrastructure projects of the state government are underway in the region. He said only two airports were functional in Uttar Pradesh till 2017 but now, with the Centre's regional connectivity scheme also coming into play, there are nine functional airports in the state.

Till 2017, our airports had connectivity only on 25 routes. Today, we have already linked the state with more than 80 destinations, he said. Adityanath said the new airports are being planned in areas where no one could have imagined building one, like in the Vindhya region near Sonbhadra, Chitrakoot, Lalitpur, and in Azamgarh and Shravasti in eastern Uttar Pradesh.

Airport planning works are in final stages in places like Aligarh, Saharanpur, Moradabad and Meerut, he added. All those places where previously people could not imagine air connectivity are now being connected with flights. This has happened in the last four to five years and in an expeditious, transparent manner, he said.

Taking a jibe at opposition parties, Adityanath said the grand foundation laying ceremony was also required to highlight the timeline of development projects in the state to some people who claim they had also planned to build projects but could not do it.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Daily Roundup of Key US Economic Data for April 10
Daily Roundup of Key US Economic Data for April 10
Apr 10, 2026
02:17 PM EDT, 04/10/2026 (MT Newswires) -- The consumer price index jumped by 0.9% in March, with energy prices up 10.9% on a record high 21.2% jump in gasoline prices, accounting for almost 75% of the overall price increase. Consumer prices were up 0.2% excluding food and energy prices, below expectations, with food prices flat. The year-over-year increase accelerated sharply...
US March budget deficit rises slightly to $164 billion, war outlays delayed
US March budget deficit rises slightly to $164 billion, war outlays delayed
Apr 10, 2026
WASHINGTON, April 10 (Reuters) - The U.S. federal government reported that the March budget deficit rose $4 billion or 2% to $164 billion from a year ago as new individual and corporate tax breaks pushed refunds sharply higher, while relief payments to farmers also grew, the U.S. Treasury said on Friday. The monthly budget data did not show a major...
Cargo Traffic to Los Angeles Port Expected to Rise in Week Ending April 25
Cargo Traffic to Los Angeles Port Expected to Rise in Week Ending April 25
Apr 10, 2026
02:19 PM EDT, 04/10/2026 (MT Newswires) -- Cargo traffic at the Port of Los Angeles is expected to rise in the week ending April 25, according to data from ship-tracking system Port Optimizer. A total of 116,926 20-foot equivalent units, a standardized measure of cargo capacity, are projected to reach the port in the week, the data showed. That volume...
Fed will need to explain why current inflation jump differs from 2022 surge
Fed will need to explain why current inflation jump differs from 2022 surge
Apr 10, 2026
WASHINGTON, April 10 (Reuters) - When surging U.S. inflation peaked in June of 2022, driven by rising prices for energy but also for food, shelter, vehicles, and a host of other items, Federal Reserve officials assured the public in stern tones that they were on top of the situation and would follow through with steep interest rate hikes to cool...
Copyright 2023-2026 - www.financetom.com All Rights Reserved