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✦Reported by Economic Times

Uttar Pradesh AI park: UP Cabinet approves robotics, AI park in Greater Noida

Uttar Pradesh AI park: UP Cabinet approves robotics, AI park in Greater Noida
Source: Economic Times

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓The Uttar Pradesh Cabinet on Tuesday approved a robotics and AI park in Greater Noida.
  • ✓Spread over 69.52 acres, the project aims to create over 1 lakh jobs.
  • ✓Finance Minister Suresh Kumar Khanna said, "The park will be developed in two zones." It will boost local manufacturing and research efforts.

Story at a Glance

Category
BUSINESS
Reported By
Economic Times
Reading Speed
4 Minute(s)
Market Focus
India Economy

The Uttar Pradesh Cabinet has approved the establishment of a robotics and AI park in Greater Noida. This park is expected to generate over one lakh jobs and significantly contribute to the state's economy. It will be developed in two zones, focusing on indigenous manufacturing and AI technology advancement. The first zone will operate under a public-private partnership model, aiming for commercial operations within 36 to 48 months.

The Uttar Pradesh Cabinet on Tuesday approved the establishment of a robotics and artificial intelligence (AI) park in Greater Noida spread over 69.52 acres, estimated to generate more than 1 lakh direct and indirect jobs and add Rs 2,000 crore annually to the state's economy at full scale.

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Uttar Pradesh AI park: UP Cabinet approves robotics, AI park in Greater Noida | ArthNow