Noida plans AI city and business park to attract global tech companies

The Noida Authority has granted in-principle approval to a proposal for developing an artificial intelligence city-cum-business park through private-sector participation, as Uttar Pradesh looks to attract multinational companies and technology businesses.

The decision was taken during the authority’s 224th board meeting on Wednesday, October 28, following the adoption of the Uttar Pradesh Private Business Park Development Scheme, 2025.

The proposed development will include facilities for artificial intelligence, Global Capability Centres (GCCs), IT services, research, start-ups and skill development.

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Under the framework, at least 50 per cent of the park’s built-up area will have to be reserved for IT and knowledge-based services.

The project will follow the Design, Build, Finance, Operate and Transfer (DBFOT) model, under which a private-sector developer will be responsible for developing and operating the facility, reported The Indian Express.

Ownership of the land will remain with the Noida Authority.

The concession period will be 45 years, with the possibility of an extension for another 45 years. The master developer will be selected through competitive electronic bidding.

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The initiative is intended to provide ready-to-operate infrastructure for multinational corporations, IT companies and businesses involved in emerging technologies.

Separately, the authority has approved the publication of a land-allotment plan for a Global Capability Centre hub and Grade-A office space in Sector 147.

The proposed development will cover approximately 68,000 square metres of institutional IT/ITES land.

The board also approved the final report of Noida’s City Logistics Plan, which will now be forwarded to the state government for approval.

The logistics plan is based on an assessment of industrial and commercial activities and traffic management. Its objectives include improving the efficiency of goods transportation and distribution, reducing logistics costs and easing traffic congestion.

The proposals form part of Noida’s wider efforts to develop technology-oriented commercial infrastructure and improve the city’s business and logistics facilities.

The AI city remains at the planning and developer-selection stage. The next steps include the competitive bidding process and subsequent project implementation.