The state in July announced it will host the second edition of the Grand Prix motorcycle racing championship in Greater Noida. If the proposal is carried through, the Ducati racetrack will come up in Greater Noida's Sector 22, where state nodal agency Yamuna Expressway Industrial Development Authority (YEIDA) owns encumbrance-free land for industrial and commercial purposes. Arun Vir Singh, chief executive officer of YEIDA, discussed the proposal with top Ducati India officials, including managing director Bipul Chandra and director Sunil Kumar Sharma. YEIDA is willing to offer a 200-acre free land parcel to Ducati under a public private partnership model for the motorcycle racetrack and training centre. The land is near the Greater Noida-Agra Yamuna Expressway and Jewar International Airport, which is likely to be commissioned later this year.
This story is from the August 24, 2024 edition of Business Standard.
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This story is from the August 24, 2024 edition of Business Standard.
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