A Jammu & Kashmir-based company will invest ₹1,000 crore in the Yamuna Expressway Industrial Development Authority (YEIDA) area to build a warehouse and logistics park. YEIDA CEO Rakesh Kumar Singh has issued a letter of intent for 26 acres in Sector 8 to the firm, Shri Katyayani Metal Pvt. Ltd., Kathua.
Recognizing the strong road and rail connectivity around the upcoming Noida International Airport, YEIDA has prioritized nearby sectors for warehousing and logistics development.