The Yamuna Expressway Industrial Development Authority (YEIDA) has allotted an anticipated 20,000 SqM industrial plot to Neenjas Electric. The company will set up a new EV manufacturing unit in YEIDA Sector 8D. The project is expected to strengthen the domestic supply chain for EV components and renewable energy storage systems.
Neenjas Electric will focus on producing on-board EV chargers and solar power banks at the upcoming facility. The unit is strategically located near the Noida International Airport, offering strong connectivity and logistics advantages for distribution across Northern India.
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YEIDA handed over the Letter of Intent (LoI) to Vineet Gupta, Managing Director, Neenjas Electric, on Friday, December 26. The EV manufacturing unit in YEIDA Sector 8D will complement India’s push for sustainable transportation and renewable energy integration. By focusing on chargers and solar power banks, the project supports both the EV ecosystem and the energy storage sector.
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