Chinese company Chenfeng invests 600 billion rupees in Greater Noida township project

Greater Noida township project

Greater Noida township project

The Chinese company Chenfeng will invest 600 billion rupees in the township project of the Greater Noida Authority. A groundbreaking ceremony was held by Chenfeng employees and officials of the Greater Noida Industrial Development Authority (GNIDA) to mark the start of the plant. The company will make components for LED street lighting. The system should be operational in 18 months.

GNIDA is developing a 750-acre community area to house manufacturing companies and other business activities. So far, five companies - Haier Electronics, Formi Mobile, Satkriti Infotainment, Chenfeng and J World - own land. Four of the companies have started building their factories, officials said.

The Chinese company will employ more than 5,000 people, officials said. Chenfeng Company officials said the area was selected after exploring several sites in the country. The factory will be built on an area of ​​64,000 square meters and will export all LED related products. The municipal project aims to promote economic activity in the region

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