Yamuna Expressway – YXP, with its state-of-the-art infrastructure, has emerged as a major development attraction in India, significantly improving connectivity in the region. Yamuna Expressway – YXP is in Greater Noida and is 165 km long, which cuts down the travel duration to 2 hours from 6 between Delhi NCR and Agra. Yamuna Expressway Industrial Development Authority (YEIDA) is behind the development of this project and is operated by the Jaypee Group.
Noida – YXP is a boon for many sectors by creating job opportunities for many and paving the way for a thriving job market in the region. Apart from improving connectivity, YXP – Noida has top-tier security for commuters, with a dedicated patrol team working around the clock and an advanced system for traffic management.
Exceptional Development Opportunities Across Noida YXP
YEIDA has heavily emphasized promoting development across the Yamuna Expressway- YXP. The authority commenced the development in 2001, intending to create a hub for tourism, industries, and logistics.
YEIDA introduced many initiatives that complemented the development of the Noida-YXP. Some are as follows:
There have been various industrial parks developed by YEIDA across the Yamuna Expressway – YXP, which include:
- Greater Noida Industrial Development Authority
- The Yamuna Expressway Industrial Development Zone
These parks are equipped with state-of-the-art facilities and infrastructure, such as:
- Power Supply
- Water Supply
- Road Connectivity
These parks cater to many companies for setting up their manufacturing units, resulting in a substantial boost in job opportunities and contributing to the region’s economic growth.
Investors are flocking to the area around the under-construction Noida International Airport, which is quickly becoming a hub for business. Even though planes have yet to take off from Jewar, the region already sees an influx of economic activity.
A recent report states that the Noida-Greater Noida-Yamuna Expressway (YXP) belt is becoming a popular investment destination, with major IT companies, telecom equipment giants, and data centres setting their sights on the region for future projects.
The region’s potential as an innovative hub could rival established IT hotspots like Gurgaon, Bengaluru, Hyderabad, and Pune makes it an attractive investment destination. Notably, HCL, Tech Mahindra, and Microsoft are among the major IT companies that have already set up shop in the vicinity.
Microsoft’s massive India Development Centre, spanning 1.5 lakh square feet, is gearing up for a significant data centre project covering 6.45 lakh square feet and costing around Rs 1,800 crore, expected to create 3,000 jobs.
The Employment Status Across Yamuna Expressway – YXP
Apart from creating investment opportunities, Noida – YXP has also generated numerous job opportunities in this region. Let’s take a look at how:
A considerable number of job opportunities have been created in the region by the construction of Noida – YXP itself.
Direct employment: The expressway’s development opened up many job opportunities. Some occupations included civil engineers, contractors, labourers, construction workers, equipment operators, and material suppliers.
Indirect employment: The construction of YXP – Noida has also created indirect job vacancies by giving chances to logistics, manufacturing, and transportation professionals.
Induced employment: The expressway also spurred economic growth in the region, increasing demand for goods and services. This has created a high demand for retail, hospitality, and manufacturing jobs.
Ancillary Service Jobs
The development of retail shops, restaurants, and petrol pumps has brought great opportunities for professionals in this sector. Such establishments have called for cashiers, cooks, servers, drivers, security, and attendants, bringing more diverse job opportunities. The development of these places has also influenced property rental prices, transforming the region into an investor’s paradise.
Yamuna Expressway – YXP touches various tourist destinations such as Mathura, Vrindavan, and Agra and attracts visitors from all around the world. Noida – YXP has become a hub for hotels and restaurants, creating hospitality job opportunities in these sectors. Such establishments are open for housekeeping, front desk staff, servers, and chefs. Also, more prominent profiles like managers and accountants are welcome to work and live nearby.
Real Estate Jobs
A significant number of real estate properties have been developed along with the Yamuna Expressway – YXP, cultivating thousands of job opportunities in the region. This considerable increase triggered the requirements for profiles like the following:
- Project Managers
- Sales Executive
- Customer Support Staff
The projection of myriad real estate projects taking place along Noida – YXP is opening doors for skilled professionals. This is enhancing the job market for local workers and encouraging international workers, putting India in an excellent spot globally.
As more local and international companies open their industries along the Yamuna Expressway – YXP, so do job opportunities. Positions are opened in sectors like manufacturing and logistics. Renowned companies like Vivo, LG Electronics, Patanjali, and many more are setting up their manufacturing units, creating lucrative job options for many.
The Yamuna Expressway Industrial Development Authority is moving to develop a semiconductor park; it will be established on 700 acres and bring in employment opportunities for local and international firms.
YEIDA estimates that this project will create about 65,000 jobs in the process. This cluster aims to make India independent enough to manufacture its semiconductors instead of importing them from China or Taiwan. The CEO of YEIDA has stated regarding the development of this project that once this cluster is developed, countries like China and Taiwan will have tough competition.
Yamuna Expressway – YXP is a treasure trove for businesses making their mark on the sector and for real estate projects in the pipeline. ACE Group, too, is making their way to the YXP – Yamuna Expressway with boundless investment opportunities.
For more information on our latest commercial projects, contact ACE Group.