The plan, which is based on the study of industrial and commercial activities and traffic management, the official says intends to improve the efficiency of goods transport and distribution, and reduce logistics costs, traffic congestion. (File)

In an effort to attract multinational corporations, an AI city-cum-business park will soon be set up in Noida, after the Noida Authority on Wednesday adopted the Uttar Pradesh Private Business Park Development Scheme, 2025, officials said.

This comes a day after the Uttar Pradesh cabinet on Tuesday approved setting up a robotics and artificial intelligence park in Greater Noida.

On Wednesday, in its 224th board meeting the authority granted in-principle approval to the Request for Proposal (RFP) for selecting a master developer to develop an AI city-cum-Business Park in Noida, through a private sector participation.…