Haryana spent Rs. 1045 crore on industrial infrastructure

[sajiv]

CHANDIGARH: The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) spent Rs.1045.25 crore on the development of industrial infrastructure in the State in 2008, Rs. 104 crore more than the previous year, an official spokesman said here on Sunday.

He added that encouraged by the steady uptrend in the infrastructure sector and enthused by the response, the Corporation had drawn up an ambitious plan for setting up new industrial estates and infrastructure projects for which a land bank of about 17,000 acres was being created. The investment outlay for these projects which include expressways, model industrial townships, clusters and dedicated theme parks, has been estimated at a whopping Rs.12,000 crore.

These projects include the KMP Expressway, the Industrial Model Townships (IMTs) at Rohtak, Faridabad, Kharkhoda (Sonepat) and Jagadhari, and expansion of the IMTs in Manesar, Bawal, Barhi, Rai, Karnal and Saha industrial estates.

The HSIIDC was developing dedicated theme parks including food parks at Rai and Saha, apparel park at Barhi, footwear park at Bahadurgarh, textile cluster at Panipat, auto parts cluster at Gurgaon, and technology parks under the campus development norms at Panchkula, Rai and Manesar.

He added that land for the first phase of the Rohtak IMT project, measuring about 878 acres, had already been acquired and development works had already been undertaken by L & T. The IMT at Rohtak would have the cutting edge of linkages with the expressway, the special economic zone in Jhajjar District, and the upcoming industrial centres like Kharkhoda.

The IMT at Faridabad has been planned in Sectors 66 to 69. Land measuring about 1,750 acres is already in possession of the Corporation and planning and development of the basic structure is being taken up shortly. The process for acquiring land for two more IMT's at Kharkhoda (3200 acres) and Jagadhari (700 acres) has also been initiated.

The HSIIDC had decided to participate in the equity to the extent of four per cent in the prestigious Delhi-Mumbai Industrial Corridor (DMIC) project being established by the Government of India with Japanese collaboration. The Corporation signed a MoU with Japanese giant Mitsui and Company India Private Limited and IL and FS Infrastructure Development Corporation Ltd. to set up an Integrated Japanese Industrial, Transportation and Logistic Park. The project is likely to attract Japanese investment to the tune of Rs.5,000 crore and create employment for about 10,000 people in the core and allied activities.