The Yamuna Expressway Industrial Development Authority (YEIDA) is moving swiftly to establish Yamuna City as a cutting-edge technological and financial center in North India. The authority has identified 500 acres of land in Sector-11 of Yamuna City to develop a major hub for artificial intelligence (AI), fintech, IT companies, and data centers. To finalize the development model for the hub, YEIDA plans to select a specialized expert agency and will soon issue an Expression of Interest (EOI).
The Government of Uttar Pradesh is placing strong emphasis on transforming Gautam Budh Nagar district into a global hub for AI and high-technology. In line with this vision, YEIDA has decided to develop Sector-11 as a FinTech City and IT hub, featuring world-class physical infrastructure, high-speed technological facilities, a robust software ecosystem, and data-driven infrastructure.
Given the critical role of data in AI technologies, the sector will actively invite not only AI companies but also data centers, banking institutions, stock exchanges, insurtech firms, and other financial service providers.
Under the proposed model, YEIDA will provide land and core infrastructure, while the selected agency will be responsible for the development, operation, and attraction of major companies to the hub. After evaluating the proposals received through the EOI process, a final decision on the development model will be taken. The project is expected to draw significant investment into the region and generate thousands of new employment opportunities.
YEIDA CEO R. K. Singh said that developing Sector-11 as a hub for AI, financial, and IT companies would give Yamuna City a global identity and inject fresh momentum into industrial growth. He added that the project would be further strengthened by its proximity to the Noida International Airport, positioning the region as a hotspot for international investment.
The initiative marks a major step toward establishing the Yamuna Expressway region as India’s next tech–fintech corridor, offering new employment opportunities for youth and attractive prospects for investors alike.
