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If you happen to walk in any of shopping areas like Jagat Farm, Central Market or Ansal Plaza at Greater Noida, you will notice that young boys and girls outnumber the married couples and kids. Bulk of these young boys and girls are students of professional educational institutes.
Greater Noida Authority is developing “Knowledge Park” with the aim of providing quality institutional facilities for education and research. The underlying idea is to develop educational and knowledge base for its basic educational, technical, vocational, research and cultural needs. As per Greater Noida Authority website, it has earmarked 1400 acres for the Knowledge Park. Allotments have already been made to 150 institutions. These institutions include Schools, Management Institutes, Vocational Training Institutes, Institutes for the Handicapped, Maritime Institutes, etc.
We did an extensive study of the operational and also under-construction educational institutes at Greater Noida. There are 49 institutes that are offering Engineering, Management, Medical, Law and other types of vocational training. Some of the prominent institutes are, Galgotia College of Engineering & Technology, Noida Institute of Engineering & Technology, Sharda Group of Institutes, IEC College of Engineering & Technology and Greater Noida Institute of Technology (GNIT).
Total number of students registered with these 49 colleges is over 50,000. These 50,000 students are an extremely important part of the local economy. Several businesses at Greater Noida are focused on these students. You will find these students flocking to cyber cafĂ©s, food centers, stationery shops, garment outlets, bakery shops, etc. To cater to the growing needs of these students, several hostels and PG accommodations have come up in the city. Houses on rent are available in sectors like Alpha-I, Alpha-II, Beta-I, Beta-II, Gamma-I, Gamma-II, Builder’s area (P-III, and P-IV).
We have seen construction activities going on in at least 12 new plots and these new institutes will be operational in near future.
Availability of trained manpower is one of the key criteria for setting up any new venture.
Over 10,000 professionals are estimated to be graduating out of these Greater Noida colleges annually. This great pool of trained and qualified professionals will be of immense help for the upcoming IT sector and other companies in Greater Noida.
