YEIDA Approves International Trade City, Q1 Revenue Jumps 114%

• YEIDA clears International Trade City inspired by China’s Yiwu wholesale market.
• Authority records 114% jump in Q1 revenue, reaching Rs 1,371 crore.
• Board approves funds for fire safety, medical research, and solid waste management.

Noida: The Yamuna Expressway Industrial Development Authority (YEIDA) has approved the proposal to develop an International Trade City during its 91st Board meeting, marking a significant step towards boosting exports and trade in the region.

The board also announced that the authority’s revenue increased by 114% in the first quarter of the 2026-27 financial year, reaching Rs 1,371 crore by June 30, compared to Rs 640 crore during the same period last year. The decisions are expected to strengthen the economic ecosystem around the upcoming Noida International Airport.

The proposed Trade City will be developed across 20 acres in Sectors 7, 8, and 8A of the YEIDA region. Inspired by China’s Yiwu International Trade City, the project aims to become a global marketplace where Indian manufacturers and exporters can showcase products to international buyers.

According to a study conducted by consulting firm Ernst & Young, India has a highly diversified export base, with many states producing region-specific goods that are in demand worldwide. The proposed Trade City will display products from across the country, including those under Uttar Pradesh’s One District One Product (ODOP) initiative, giving local businesses greater access to international markets.

YEIDA CEO R.K. Singh said the Board reviewed several infrastructure and industrial development proposals during the meeting. It also approved Rs 50 crore to improve fire safety infrastructure in the authority area.

He added that the Board reviewed the progress of several industrial parks, including the MSME Park, Handicraft Park, Toy Park, Apparel Park, and Medical Device Park. So far, 1,122 industrial plots have been allotted. Out of these, possession has been handed over for 118 plots, lease deeds have been executed for 63 plots, building plans have been approved for 62 projects, while 15 industrial units have become operational and 12 units have been registered under the Factories Act.

Officials said the International Trade City is expected to play a key role after the Noida International Airport and its cargo terminal become operational. International buyers visiting the airport will be able to directly access the Trade City, inspect products, and place bulk orders, helping Indian exporters expand their global presence.

The Board meeting also highlighted increased spending on infrastructure. YEIDA spent Rs 2,101 crore during the April-June quarter, compared to Rs 944 crore in the same period last year. Of this, Rs 1,741 crore was used for land acquisition to support future industrial development, reflecting the authority’s focus on preparing the region for rising investment.

The authority will now begin consultations with industry associations, exporters, and business groups to gather suggestions before moving ahead with the Trade City project. Alongside this, the Board approved 200 square metres of land for Yamuna International Airport Private Limited to develop a scientific solid waste management facility near Dhanauri village.

Another major approval includes the allotment of 30 acres in Sector 9 to the Indian Council of Medical Research (ICMR) for establishing advanced research facilities. The Board also directed officials to speed up the distribution of pending 7% abadi plots and the payment of additional compensation to farmers whose land was acquired.

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